Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
VRTSP was delisted on the 3rd of February, 2020.
16 hedge funds and large institutions have $102M invested in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock in 2017 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 4 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
4% less capital invested
Capital invested by funds: $106M → $102M (-$4.12M)
16% less funds holding
Funds holding: 19 → 16 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$810K |
| 2 |
Citigroup
New York
|
+$350K |
| 3 |
Morgan Stanley
New York
|
+$28.6K |
| 4 |
BlackRock
New York
|
+$25K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$15.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.04M |
| 2 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$961K |
| 3 |
MA
MUFG Americas
New York
|
-$519K |
| 4 |
Barclays
London,
United Kingdom
|
-$518K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$335K |
VRTSP Hedge Fund Activity: Q4 2017 in Review
16 of the 4,419 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 Q4 2017, worth a combined $102M — down 3.9% from $106M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of VRTSP and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Ionic Capital Management, adding an estimated $810K. The largest seller was Lazard Asset Management, cutting an estimated $1.04M.
- 16 institutional investors held Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) as of Q4 2017, down from 19 in Q3 2017.
- Funds reported $102M of Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock stock for Q4 2017, down 3.9% quarter-over-quarter.
- 1 fund opened new Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock positions in Q4 2017 and 4 closed out, a net change of -3 holders.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock buyer in Q4 2017 was Ionic Capital Management, an estimated $810K added.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock seller in Q4 2017 was Lazard Asset Management, an estimated $1.04M sold.
Based on aggregated 13F filings for Q4 2017.