Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
VRTSP was delisted on the 3rd of February, 2020.
19 hedge funds and large institutions have $114M invested in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 3 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 18 → 19 (+1)
2% more capital invested
Capital invested by funds: $112M → $114M (+$1.74M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$12.9M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
+$6.18M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$4.58M |
| 4 |
D.E. Shaw & Co
New York
|
+$3.16M |
| 5 |
MA
MUFG Americas
New York
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$13.4M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$8.95M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$5.63M |
| 4 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$3.23M |
| 5 |
Lazard Asset Management
New York
|
-$2.12M |
VRTSP Hedge Fund Activity: Q2 2018 in Review
19 of the 4,385 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 2018, worth a combined $114M — up 1.6% from $112M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VRTSP positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 3 trimmed.
The largest buyer was Wells Fargo, adding an estimated $12.9M. The largest seller was BlackRock, exiting entirely with an estimated $13.4M sold.
- 19 institutional investors held Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) as of Q2 2018, up from 18 in Q1 2018.
- Funds reported $114M of Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock stock for Q2 2018, up 1.6% quarter-over-quarter.
- 4 funds opened new Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock positions in Q2 2018 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 2018 was Wells Fargo, an estimated $12.9M added.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock seller in Q2 2018 was BlackRock, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2018.