Virtus Total Return Fund Inc.
ZF was delisted on the 15th of November, 2019.
36 hedge funds and large institutions have $24M invested in Virtus Total Return Fund Inc. in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 14 closing their positions.
10.26% less ownership
Funds ownership: 22.86% → 12.61% (-10%)
16% less funds holding
Funds holding: 43 → 36 (-7)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
49% less capital invested
Capital invested by funds: $47.2M → $24M (-$23.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$2.36M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.6M |
| 3 |
Morgan Stanley
New York
|
+$701K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$519K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$484K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.91M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$6.48M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.95M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.76M |
| 5 |
AGM
Alpine Global Management
New York
|
-$1.4M |
ZF Hedge Fund Activity: Q1 2017 in Review
36 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund Inc. (ZF) for Q1 2017, worth a combined $24M — down 49% from $47.2M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ZF and 8 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 9 added.
The largest buyer was Clough Capital Partners, adding an estimated $2.36M. The largest seller was Karpus Investment Management, cutting an estimated $9.91M.
- 36 institutional investors held Virtus Total Return Fund Inc. (ZF) as of Q1 2017, down from 43 in Q4 2016.
- Funds reported $24M of Virtus Total Return Fund Inc. stock for Q1 2017, down 49% quarter-over-quarter.
- 8 funds opened new Virtus Total Return Fund Inc. positions in Q1 2017 and 14 closed out, a net change of -6 holders.
- The largest Virtus Total Return Fund Inc. buyer in Q1 2017 was Clough Capital Partners, an estimated $2.36M added.
- The largest Virtus Total Return Fund Inc. seller in Q1 2017 was Karpus Investment Management, an estimated $9.91M sold.
Based on aggregated 13F filings for Q1 2017.