Virtus Global Multi-Sector Income Fund
30 hedge funds and large institutions have $29.6M invested in Virtus Global Multi-Sector Income Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 6 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
1% more capital invested
Capital invested by funds: $29.3M → $29.6M (+$316K)
0.99% more ownership
Funds ownership: 34.7% → 35.69% (+0.99%)
6% less funds holding
Funds holding: 32 → 30 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$657K |
| 2 |
LPL Financial
San Diego,
California
|
+$591K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$342K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$192K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$582K |
| 2 |
SCM
Saba Capital Management
New York
|
-$204K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$193K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$141K |
| 5 |
HF
HRT Financial
New York
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $88.4K | +$121 | +16 | +0.1% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $81K | +$2.27K | +300 | +3% |
|
28
JP Morgan Chase
New York
| $36.7K | +$37.9K | +5,002 | New |
|
29
Comerica Bank
Dallas,
Texas
| $25.9K | +$26.7K | +3,531 | New |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4.86K | +$5.01K | +662 | New |
|
|
SCM
31
Saba Capital Management
New York
| – | -$204K | -27,375 | Closed |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$193K | -25,826 | Closed |
|
|
HF
33
HRT Financial
New York
| – | -$109K | -14,648 | Closed |
|
34
Jane Street
New York
| – | -$90.3K | -12,087 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$486 | -65 | Closed |
|
|
EWA
36
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$127 | -17 | Closed |
|
VGI Hedge Fund Activity: Q3 2023 in Review
30 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q3 2023, worth a combined $29.6M — up 1.1% from $29.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of VGI and 4 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Raymond James & Associates, adding an estimated $657K. The largest seller was Guggenheim Capital, cutting an estimated $582K.
- 30 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q3 2023, down from 32 in Q2 2023.
- Funds reported $29.6M of Virtus Global Multi-Sector Income Fund stock for Q3 2023, up 1.1% quarter-over-quarter.
- 4 funds opened new Virtus Global Multi-Sector Income Fund positions in Q3 2023 and 6 closed out, a net change of -2 holders.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q3 2023 was Raymond James & Associates, an estimated $657K added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q3 2023 was Guggenheim Capital, an estimated $582K sold.
Based on aggregated 13F filings for Q3 2023.