Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
VRTSP was delisted on the 3rd of February, 2020.
16 hedge funds and large institutions have $109M invested in Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 3 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
8% more capital invested
Capital invested by funds: $101M → $109M (+$7.96M)
6% less funds holding
Funds holding: 17 → 16 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.84M |
| 2 |
Citigroup
New York
|
+$1.48M |
| 3 |
TSS
Two Sigma Securities
New York
|
+$1.23M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.11M |
| 5 |
BlackRock
New York
|
+$879K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.01M |
| 2 |
SC
Sculptor Capital
New York
|
-$1.27M |
| 3 |
ES
Equitec Specialists
Chicago,
Illinois
|
-$492K |
| 4 |
LCM
LDR Capital Management
New York
|
-$367K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.77K |
VRTSP Hedge Fund Activity: Q4 2019 in Review
16 of the 5,075 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 2019, worth a combined $109M — up 7.9% from $101M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of VRTSP and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 7 added.
The largest buyer was Weiss Asset Management, adding an estimated $1.84M. The largest seller was Wolverine Asset Management, cutting an estimated $3.01M.
- 16 institutional investors held Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock (VRTSP) as of Q4 2019, down from 17 in Q3 2019.
- Funds reported $109M of Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock stock for Q4 2019, up 7.9% quarter-over-quarter.
- 2 funds opened new Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock positions in Q4 2019 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 Q4 2019 was Weiss Asset Management, an estimated $1.84M added.
- The largest Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock seller in Q4 2019 was Wolverine Asset Management, an estimated $3.01M sold.
Based on aggregated 13F filings for Q4 2019.