Virtus Total Return Fund
ZTR
43 hedge funds and large institutions have $167M invested in Virtus Total Return Fund in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 2 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
2% more funds holding
Funds holding: 42 → 43 (+1)
4% more capital invested
Capital invested by funds: $160M → $167M (+$6.85M)
0.77% more ownership
Funds ownership: 32.69% → 33.46% (+0.77%)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.05M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.33M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$865K |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$506K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.04M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.13M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$931K |
| 4 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$281K |
| 5 |
SG Americas Securities
New York
|
-$202K |
ZTR Hedge Fund Activity: Q2 2014 in Review
43 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q2 2014, worth a combined $167M — up 4.3% from $160M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ZTR positions and 2 closed out — a net gain of 1 holder — while 12 added to existing stakes and 18 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.05M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.04M.
- 43 institutional investors held Virtus Total Return Fund (ZTR) as of Q2 2014, up from 42 in Q1 2014.
- Funds reported $167M of Virtus Total Return Fund stock for Q2 2014, up 4.3% quarter-over-quarter.
- 3 funds opened new Virtus Total Return Fund positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest Virtus Total Return Fund buyer in Q2 2014 was Sit Investment Associates, an estimated $4.05M added.
- The largest Virtus Total Return Fund seller in Q2 2014 was Rivernorth Capital Management, an estimated $2.04M sold.
Based on aggregated 13F filings for Q2 2014.