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VGI

Virtus Global Multi-Sector Income Fund

29 hedge funds and large institutions have $51.1M invested in Virtus Global Multi-Sector Income Fund in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

83% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 6

16% more funds holding

Funds holding: 2529 (+4)

0.72% less ownership

Funds ownership: 29.4%28.69% (-0.72%)

9% less capital invested

Capital invested by funds: $56.5M → $51.1M (-$5.34M)

Holders
29
Holders Change
+4
Holders Change %
+16%
% of All Funds
0.77%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
11
Reduced
6
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$15.5M +$16.2M +978,898 New
Morgan Stanley
2
Morgan Stanley
New York
$7.88M +$1.01M +61,306 +14%
GC
3
Guggenheim Capital
Illinois
$5.44M -$302K -18,225 -5%
RCM
4
Rivernorth Capital Management
Florida
$5.1M
1CP
5
1607 Capital Partners
Virginia
$3.48M +$53K +3,200 +1%
AAM
6
Advisors Asset Management
Colorado
$2.66M +$1.19M +72,158 +76%
Invesco
7
Invesco
Georgia
$1.7M +$168K +10,170 +10%
MIG
8
Mariner Investment Group
New York
$1.45M -$1.05M -63,277 -41%
PPA
9
Parametric Portfolio Associates
Washington
$970K +$96.8K +5,850 +11%
SFS
10
Shaker Financial Services
Virginia
$911K +$590K +35,650 +163%
RJA
11
Raymond James & Associates
Florida
$909K -$177K -10,677 -16%
LCM
12
Laurion Capital Management
New York
$904K +$944K +57,036 New
SCM
13
Saba Capital Management
New York
$822K -$61.2K -3,700 -7%
Wells Fargo
14
Wells Fargo
California
$709K -$93.4K -5,645 -11%
DA
15
Doliver Advisors
Texas
$699K +$306K +18,492 +72%
WAM
16
Wolverine Asset Management
Illinois
$609K +$200K +12,108 +46%
SG Americas Securities
17
SG Americas Securities
New York
$341K +$356K +21,495 New
BFM
18
Boothbay Fund Management
New York
$288K +$300K +18,153 New
VKH
19
Virtu KCG Holdings
New York
$270K +$24.8K +1,499 +10%
Citigroup
20
Citigroup
New York
$175K -$29.2K -1,764 -14%
Bank of America
21
Bank of America
North Carolina
$98K +$28.1K +1,700 +38%
USGIU
22
U.S. Global Investors (USGI)
Texas
$69K
TJHA
23
Thomas J. Herzfeld Advisors
Florida
$48K +$49.7K +3,001 New
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$44K
PAM
25
Panagora Asset Management
Massachusetts
$26K +$27.3K +1,648 New

VGI Hedge Fund Activity: Q4 2014 in Review

29 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q4 2014, worth a combined $51.1M — down 9.5% from $56.5M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new VGI positions and 2 closed out — a net gain of 5 holders — while 11 added to existing stakes and 6 trimmed.

The largest buyer was Advisors Asset Management, adding an estimated $1.19M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $3.38M sold.

  • 29 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q4 2014, up from 25 in Q3 2014.
  • Funds reported $51.1M of Virtus Global Multi-Sector Income Fund stock for Q4 2014, down 9.5% quarter-over-quarter.
  • 7 funds opened new Virtus Global Multi-Sector Income Fund positions in Q4 2014 and 2 closed out, a net change of +5 holders.
  • The largest Virtus Global Multi-Sector Income Fund buyer in Q4 2014 was Advisors Asset Management, an estimated $1.19M added.
  • The largest Virtus Global Multi-Sector Income Fund seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $3.38M sold.

Based on aggregated 13F filings for Q4 2014.