Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
VRTSP was delisted on the 3rd of February, 2020.
18 hedge funds and large institutions have $112M invested in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
13% more funds holding
Funds holding: 16 → 18 (+2)
10% more capital invested
Capital invested by funds: $102M → $112M (+$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.02M |
| 2 |
Citigroup
New York
|
+$3.13M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$2.82M |
| 4 |
D.E. Shaw & Co
New York
|
+$1.36M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$7.61M |
| 2 |
ICM
Ionic Capital Management
New York
|
-$779K |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$452K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$267K |
| 5 |
Morgan Stanley
New York
|
-$8.26K |
VRTSP Hedge Fund Activity: Q1 2018 in Review
18 of the 4,373 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 Q1 2018, worth a combined $112M — up 9.9% from $102M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new VRTSP positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $4.02M. The largest seller was Lazard Asset Management, cutting an estimated $7.61M.
- 18 institutional investors held Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) as of Q1 2018, up from 16 in Q4 2017.
- Funds reported $112M of Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock stock for Q1 2018, up 9.9% quarter-over-quarter.
- 3 funds opened new Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock positions in Q1 2018 and 1 closed out, a net change of +2 holders.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock buyer in Q1 2018 was Wolverine Asset Management, an estimated $4.02M added.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock seller in Q1 2018 was Lazard Asset Management, an estimated $7.61M sold.
Based on aggregated 13F filings for Q1 2018.