We are live on ! Find out more
VRTSP

Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock

Delisted

VRTSP was delisted on the 3rd of February, 2020.

17 hedge funds and large institutions have $105M invested in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less capital invested

Capital invested by funds: $107M → $105M (-$2.06M)

6% less funds holding

Funds holding: 1817 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

50% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 6

Holders
17
Holders Change
-1
Holders Change %
-5.56%
% of All Funds
0.42%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
3
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
1
Wolverine Asset Management
Illinois
$19.4M +$2.76M +28,269 +17%
Calamos Advisors
2
Calamos Advisors
Illinois
$14.2M
AGC
3
Angelo Gordon & Co
New York
$13.5M
BlackRock
4
BlackRock
New York
$12.5M +$11.9M +122,336 New
Lazard Asset Management
5
Lazard Asset Management
New York
$10.1M +$2.34M +23,997 +32%
OTC
6
Opera Trading Capital
France
$6M
ICM
7
Ionic Capital Management
New York
$5.02M -$169K -1,736 -3%
Morgan Stanley
8
Morgan Stanley
New York
$4.71M -$940K -9,632 -17%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$4.5M
CL
10
CSS LLC
Illinois
$4.23M -$2.82M -28,853 -41%
SIM
11
SSI Investment Management
California
$3.37M
Barclays
12
Barclays
United Kingdom
$2.9M -$566K -5,802 -17%
AA
13
AQR Arbitrage
Connecticut
$1.8M
ES
14
Equitec Specialists
Illinois
$1.35M -$840K -8,612 -39%
CC
15
Cannell Capital
Wyoming
$1.08M +$624K +6,400 +153%
UBS Group
16
UBS Group
Switzerland
$338K
Deutsche Bank
17
Deutsche Bank
Germany
$175K +$167K +1,711 New
Citigroup
18
Citigroup
New York
$104K -$2.34M -23,980 -96%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$3K
CAM
20
Camden Asset Management
California
-$5.51M -56,875 Closed
BCM
21
BlueCrest Capital Management
Jersey
-$9.77M -10,000 Closed
Millennium Management
22
Millennium Management
New York
-$666K -6,799 Closed

VRTSP Hedge Fund Activity: Q2 2017 in Review

17 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) for Q2 2017, worth a combined $105M — down 1.9% from $107M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of VRTSP and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 3 added.

The largest buyer was BlackRock, opening a new position worth an estimated $11.9M. The largest seller was BlueCrest Capital Management, exiting entirely with an estimated $9.77M sold.

  • 17 institutional investors held Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) as of Q2 2017, down from 18 in Q1 2017.
  • Funds reported $105M of Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock stock for Q2 2017, down 1.9% quarter-over-quarter.
  • 2 funds opened new Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock positions in Q2 2017 and 3 closed out, a net change of -1 holder.
  • The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock buyer in Q2 2017 was BlackRock, an estimated $11.9M added.
  • The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock seller in Q2 2017 was BlueCrest Capital Management, an estimated $9.77M sold.

Based on aggregated 13F filings for Q2 2017.