Virtus Total Return Fund
ZTR
43 hedge funds and large institutions have $171M invested in Virtus Total Return Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1.08% more ownership
Funds ownership: 34.11% → 35.19% (+1.1%)
5% more capital invested
Capital invested by funds: $164M → $171M (+$7.79M)
0% more funds holding
Funds holding: 43 → 43 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$17.4M |
| 2 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$670K |
| 3 |
IT
Independence Trust
Franklin,
Tennessee
|
+$537K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$533K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$504K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$12.2M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$970K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$675K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$446K |
| 5 |
SG Americas Securities
New York
|
-$269K |
ZTR Hedge Fund Activity: Q4 2014 in Review
43 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q4 2014, worth a combined $171M — up 4.8% from $164M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ZTR positions and 7 closed out — a net gain of 1 holder — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $17.4M. The largest seller was Karpus Investment Management, cutting an estimated $12.2M.
- 43 institutional investors held Virtus Total Return Fund (ZTR) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $171M of Virtus Total Return Fund stock for Q4 2014, up 4.8% quarter-over-quarter.
- 8 funds opened new Virtus Total Return Fund positions in Q4 2014 and 7 closed out, a net change of +1 holder.
- The largest Virtus Total Return Fund buyer in Q4 2014 was Sit Investment Associates, an estimated $17.4M added.
- The largest Virtus Total Return Fund seller in Q4 2014 was Karpus Investment Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q4 2014.