Virtus Total Return Fund
ZTR
46 hedge funds and large institutions have $123M invested in Virtus Total Return Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 16 reducing their positions, and 10 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 16
2.34% less ownership
Funds ownership: 35.76% → 33.42% (-2.3%)
13% less funds holding
Funds holding: 53 → 46 (-7)
17% less capital invested
Capital invested by funds: $149M → $123M (-$26.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$6.45M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.19M |
| 3 |
SCM
Summit Capital Management
Seattle,
Washington
|
+$820K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$414K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$10.2M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$4.67M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$915K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$637K |
| 5 |
IT
Independence Trust
Franklin,
Tennessee
|
-$501K |
ZTR Hedge Fund Activity: Q3 2015 in Review
46 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q3 2015, worth a combined $123M — down 17% from $149M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ZTR and 3 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 19 added.
The largest buyer was Ancora Advisors, adding an estimated $6.45M. The largest seller was Sit Investment Associates, cutting an estimated $10.2M.
- 46 institutional investors held Virtus Total Return Fund (ZTR) as of Q3 2015, down from 53 in Q2 2015.
- Funds reported $123M of Virtus Total Return Fund stock for Q3 2015, down 17% quarter-over-quarter.
- 3 funds opened new Virtus Total Return Fund positions in Q3 2015 and 10 closed out, a net change of -7 holders.
- The largest Virtus Total Return Fund buyer in Q3 2015 was Ancora Advisors, an estimated $6.45M added.
- The largest Virtus Total Return Fund seller in Q3 2015 was Sit Investment Associates, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2015.