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 $103M invested in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
10% less capital invested
Capital invested by funds: $114M → $103M (-$10.9M)
11% less funds holding
Funds holding: 19 → 17 (-2)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$3.73M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$3.2M |
| 3 |
D.E. Shaw & Co
New York
|
+$2.79M |
| 4 |
Citigroup
New York
|
+$2.27M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Angelo Gordon & Co
New York
|
-$5.41M |
| 2 |
MA
MUFG Americas
New York
|
-$2.84M |
| 3 |
Barclays
London,
United Kingdom
|
-$2.67M |
| 4 |
Morgan Stanley
New York
|
-$2.14M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
VRTSP Hedge Fund Activity: Q3 2018 in Review
17 of the 4,391 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 Q3 2018, worth a combined $103M — down 9.6% from $114M 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 5 added.
The largest buyer was Ionic Capital Management, opening a new position worth an estimated $3.73M. The largest seller was Angelo Gordon & Co, exiting entirely with an estimated $5.41M sold.
- 17 institutional investors held Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) as of Q3 2018, down from 19 in Q2 2018.
- Funds reported $103M of Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock stock for Q3 2018, down 9.6% quarter-over-quarter.
- 2 funds opened new Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock positions in Q3 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 Q3 2018 was Ionic Capital Management, an estimated $3.73M added.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock seller in Q3 2018 was Angelo Gordon & Co, an estimated $5.41M sold.
Based on aggregated 13F filings for Q3 2018.