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 $89.4M invested in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
19% more capital invested
Capital invested by funds: $75.2M → $89.4M (+$14.1M)
6% more funds holding
Funds holding: 18 → 19 (+1)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.3M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.18M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.8M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$858K |
| 5 |
LCM
LDR Capital Management
New York
|
+$628K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$2.31M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.98M |
| 3 |
Citigroup
New York
|
-$858K |
| 4 |
SC
Seacliff Capital
Southport,
Connecticut
|
-$379K |
| 5 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$236K |
VRTSP Hedge Fund Activity: Q1 2019 in Review
19 of the 4,633 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 2019, worth a combined $89.4M — up 19% from $75.2M 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 8 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $2.3M. The largest seller was Equitec Specialists, cutting an estimated $2.31M.
- 19 institutional investors held Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) as of Q1 2019, up from 18 in Q4 2018.
- Funds reported $89.4M of Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock stock for Q1 2019, up 19% quarter-over-quarter.
- 3 funds opened new Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock positions in Q1 2019 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 Q1 2019 was BlackRock, an estimated $2.3M added.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock seller in Q1 2019 was Equitec Specialists, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2019.