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VGI

Virtus Global Multi-Sector Income Fund

25 hedge funds and large institutions have $56.5M invested in Virtus Global Multi-Sector Income Fund in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

29% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 7

9% more funds holding

Funds holding: 2325 (+2)

1.71% more ownership

Funds ownership: 27.69%29.4% (+1.7%)

2% more capital invested

Capital invested by funds: $55.6M → $56.5M (+$847K)

Holders
25
Holders Change
+2
Holders Change %
+8.7%
% of All Funds
0.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
9
Reduced
7
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
U
1
UBS
Switzerland
$18.5M -$411K -23,451 -2%
Morgan Stanley
2
Morgan Stanley
New York
$7.44M +$832K +47,422 +12%
GC
3
Guggenheim Capital
Illinois
$6.17M +$490K +27,923 +8%
RCM
4
Rivernorth Capital Management
Florida
$5.49M +$14.3K +817 +0.3%
1CP
5
1607 Capital Partners
Virginia
$3.69M +$281K +16,013 +8%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$3.38M +$3.47M +197,649 New
MIG
7
Mariner Investment Group
New York
$2.65M -$899K -51,234 -25%
Invesco
8
Invesco
Georgia
$1.65M +$93.2K +5,313 +6%
AAM
9
Advisors Asset Management
Colorado
$1.63M +$80.5K +4,587 +5%
RJA
10
Raymond James & Associates
Florida
$1.16M -$56.1K -3,200 -4%
SCM
11
Saba Capital Management
New York
$949K
PPA
12
Parametric Portfolio Associates
Washington
$945K -$113K -6,418 -10%
Wells Fargo
13
Wells Fargo
California
$859K +$100K +5,716 +13%
WAM
14
Wolverine Asset Management
Illinois
$449K -$456K -25,990 -50%
DA
15
Doliver Advisors
Texas
$438K -$185K -10,534 -29%
SFS
16
Shaker Financial Services
Virginia
$372K +$383K +21,810 New
VKH
17
Virtu KCG Holdings
New York
$265K +$273K +15,548 New
Citigroup
18
Citigroup
New York
$219K +$223K +12,707 +11,245%
Bank of America
19
Bank of America
North Carolina
$77K +$13.4K +764 +20%
USGIU
20
U.S. Global Investors (USGI)
Texas
$75K +$76.7K +4,372 New
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$47K +$48.4K +2,761 New
Ameriprise
22
Ameriprise
Minnesota
$20K
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$9K -$3.35K -191 -27%
Deutsche Bank
24
Deutsche Bank
Germany
$8K
MFS
25
MSI Financial Services
Massachusetts
$3K

VGI Hedge Fund Activity: Q3 2014 in Review

25 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q3 2014, worth a combined $56.5M — up 1.5% from $55.6M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new VGI positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 7 trimmed.

The largest buyer was Cambridge Investment Research Advisors, opening a new position worth an estimated $3.47M. The largest seller was Mariner Investment Group, cutting an estimated $899K.

  • 25 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q3 2014, up from 23 in Q2 2014.
  • Funds reported $56.5M of Virtus Global Multi-Sector Income Fund stock for Q3 2014, up 1.5% quarter-over-quarter.
  • 5 funds opened new Virtus Global Multi-Sector Income Fund positions in Q3 2014 and 3 closed out, a net change of +2 holders.
  • The largest Virtus Global Multi-Sector Income Fund buyer in Q3 2014 was Cambridge Investment Research Advisors, an estimated $3.47M added.
  • The largest Virtus Global Multi-Sector Income Fund seller in Q3 2014 was Mariner Investment Group, an estimated $899K sold.

Based on aggregated 13F filings for Q3 2014.