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VRTSP

Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock

Delisted

VRTSP was delisted on the 3rd of February, 2020.

19 hedge funds and large institutions have $97.2M invested in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $89.4M → $97.2M (+$7.89M)

0% more funds holding

Funds holding: 1919 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

14% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 7

Holders
19
Holders Change
Holders Change %
0%
% of All Funds
0.41%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
6
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
1
Weiss Asset Management
Massachusetts
$22.3M +$21.9M +225,298 +2,253%
WAM
2
Wolverine Asset Management
Illinois
$19.5M -$5.29M -54,367 -21%
Calamos Advisors
3
Calamos Advisors
Illinois
$17.2M +$1.91M +19,600 +12%
D.E. Shaw & Co
4
D.E. Shaw & Co
New York
$12.7M
Citigroup
5
Citigroup
New York
$9.34M +$1.51M +15,502 +19%
BlackRock
6
BlackRock
New York
$5.15M +$2.67M +27,467 +103%
Morgan Stanley
7
Morgan Stanley
New York
$2.52M -$97 -1 -0%
SIM
8
SSI Investment Management
California
$2.2M -$828K -8,502 -27%
AA
9
AQR Arbitrage
Connecticut
$1.68M
Barclays
10
Barclays
United Kingdom
$1.13M
CC
11
Cannell Capital
Wyoming
$1M
CL
12
CSS LLC
Illinois
$810K -$4.17M -42,853 -83%
ES
13
Equitec Specialists
Illinois
$740K +$210K +2,156 +38%
LCM
14
LDR Capital Management
New York
$443K -$254K -2,608 -36%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$238K -$46.2K -475 -16%
UBS Group
16
UBS Group
Switzerland
$113K +$24.5K +252 +27%
MA
17
MUFG Americas
New York
$56K +$58.4K +600 New
Wells Fargo
18
Wells Fargo
California
$55K -$15.1M -155,306 -100%
SPIA
19
Steward Partners Investment Advisory
New York
$18K +$19.5K +200 New
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$1K
ICM
21
Ionic Capital Management
New York
-$490K -5,500 Closed
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
-$265K -2,975 Closed

VRTSP Hedge Fund Activity: Q2 2019 in Review

19 of the 4,604 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 2019, worth a combined $97.2M — up 8.8% from $89.4M a quarter earlier.

Fund positioning in VRTSP was balanced in Q2 2019: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 7 trimmed.

The largest buyer was Weiss Asset Management, adding an estimated $21.9M. The largest seller was Wells Fargo, cutting an estimated $15.1M.

  • 19 institutional investors held Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) as of Q2 2019, unchanged from Q1 2019.
  • Funds reported $97.2M of Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock stock for Q2 2019, up 8.8% quarter-over-quarter.
  • 2 funds opened new Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock positions in Q2 2019 and 2 closed out, a net change of 0 holders.
  • The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock buyer in Q2 2019 was Weiss Asset Management, an estimated $21.9M added.
  • The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock seller in Q2 2019 was Wells Fargo, an estimated $15.1M sold.

Based on aggregated 13F filings for Q2 2019.