Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
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.
2% less capital invested
Capital invested by funds: $107M → $105M (-$2.06M)
6% less funds holding
Funds holding: 18 → 17 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.9M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.76M |
| 3 |
Lazard Asset Management
New York
|
+$2.34M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
+$624K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$9.77M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$5.51M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$2.82M |
| 4 |
Citigroup
New York
|
-$2.34M |
| 5 |
Morgan Stanley
New York
|
-$940K |
VRTSP Hedge Fund Activity: Q2 2017 in Review
17 of the 4,022 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.