Virtus Global Multi-Sector Income Fund
20 hedge funds and large institutions have $44.7M invested in Virtus Global Multi-Sector Income Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
12% more capital invested
Capital invested by funds: $39.9M → $44.7M (+$4.79M)
11% more funds holding
Funds holding: 18 → 20 (+2)
3.03% more ownership
Funds ownership: 20.31% → 23.34% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$2.18M |
| 2 |
Morgan Stanley
New York
|
+$1.9M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.05M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$889K |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$671K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$782K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$134K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$87K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$62.5K |
| 5 |
Citigroup
New York
|
-$27.9K |
VGI Hedge Fund Activity: Q3 2013 in Review
20 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q3 2013, worth a combined $44.7M — up 12% from $39.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new VGI positions and 2 closed out — a net gain of 3 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was UBS, adding an estimated $2.18M. The largest seller was 1607 Capital Partners, cutting an estimated $782K.
- 20 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q3 2013, up from 18 in Q2 2013.
- Funds reported $44.7M of Virtus Global Multi-Sector Income Fund stock for Q3 2013, up 12% quarter-over-quarter.
- 5 funds opened new Virtus Global Multi-Sector Income Fund positions in Q3 2013 and 2 closed out, a net change of +3 holders.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q3 2013 was UBS, an estimated $2.18M added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q3 2013 was 1607 Capital Partners, an estimated $782K sold.
Based on aggregated 13F filings for Q3 2013.