Virtus Private Credit Strategy ETF
3 hedge funds and large institutions have $189M invested in Virtus Private Credit Strategy ETF in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
7% more capital invested
Capital invested by funds: $177M → $189M (+$11.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
3.36% less ownership
Funds ownership: 95.43% → 92.07% (-3.4%)
40% less funds holding
Funds holding: 5 → 3 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$13.1M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$557K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$164K |
| 2 |
MF
Manchester Financial
Westlake Village,
California
|
-$14K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$14K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
1
Avantax Advisory Services
Dallas,
Texas
| $188M | +$13.1M | +519,361 | +7% |
|
|
2
Jane Street
New York
| $581K | -$164K | -6,511 | -22% |
|
|
3
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $552K | +$557K | +22,150 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| – | -$14K | -550 | Closed |
|
|
MF
5
Manchester Financial
Westlake Village,
California
| – | -$14K | -545 | Closed |
|
|
6
Bank of America
Charlotte,
North Carolina
| – | -$8K | -299 | Closed |
|
VPC Hedge Fund Activity: Q3 2019 in Review
3 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Virtus Private Credit Strategy ETF (VPC) for Q3 2019, worth a combined $189M — up 6.6% from $177M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of VPC and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Avantax Advisory Services, adding an estimated $13.1M. The largest seller was Jane Street, cutting an estimated $164K.
- 3 institutional investors held Virtus Private Credit Strategy ETF (VPC) as of Q3 2019, down from 5 in Q2 2019.
- Funds reported $189M of Virtus Private Credit Strategy ETF stock for Q3 2019, up 6.6% quarter-over-quarter.
- 1 fund opened new Virtus Private Credit Strategy ETF positions in Q3 2019 and 3 closed out, a net change of -2 holders.
- The largest Virtus Private Credit Strategy ETF buyer in Q3 2019 was Avantax Advisory Services, an estimated $13.1M added.
- The largest Virtus Private Credit Strategy ETF seller in Q3 2019 was Jane Street, an estimated $164K sold.
Based on aggregated 13F filings for Q3 2019.