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 $75.2M invested in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6% more funds holding
Funds holding: 17 → 18 (+1)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
27% less capital invested
Capital invested by funds: $103M → $75.2M (-$27.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.99M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.99M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
+$1.96M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$5.78M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$2.96M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$2.39M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.32M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$858K |
VRTSP Hedge Fund Activity: Q4 2018 in Review
18 of the 4,505 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 2018, worth a combined $75.2M — down 27% from $103M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new VRTSP positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Citigroup, adding an estimated $4M. The largest seller was CSS LLC, cutting an estimated $5.78M.
- 18 institutional investors held Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) as of Q4 2018, up from 17 in Q3 2018.
- Funds reported $75.2M of Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock stock for Q4 2018, down 27% quarter-over-quarter.
- 3 funds opened new Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock positions in Q4 2018 and 2 closed out, a net change of +1 holder.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock buyer in Q4 2018 was Citigroup, an estimated $4M added.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock seller in Q4 2018 was CSS LLC, an estimated $5.78M sold.
Based on aggregated 13F filings for Q4 2018.