Virtus Total Return Fund
ZTR
54 hedge funds and large institutions have $135M invested in Virtus Total Return Fund in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
17% more funds holding
Funds holding: 46 → 54 (+8)
9% more capital invested
Capital invested by funds: $123M → $135M (+$11.3M)
0.8% more ownership
Funds ownership: 33.42% → 34.22% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$17.2M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.61M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.95M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$2.59M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$23.5M |
| 2 |
RVPG
Relative Value Partners Group
|
-$1.86M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.57M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.27M |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$548K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWMS
51
Advocacy Wealth Management Services
Atlanta,
Georgia
| $4K | +$3.74K | +312 | New |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| $3K | +$3.41K | +285 | New |
|
53
SEI Investments
Oaks,
Pennsylvania
| $2K | – | – | – |
|
|
IT
54
Independence Trust
Franklin,
Tennessee
| – | -$534K | -46,726 | Closed |
|
|
DA
55
Doliver Advisors
Houston,
Texas
| – | -$377K | -32,989 | Closed |
|
|
IH
56
IFC Holdings
Tampa,
Florida
| – | -$260K | -22,450 | Closed |
|
|
RPG
57
Risk Paradigm Group
Austin,
Texas
| – | -$651 | -57 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | +$335 | +28 | New |
|
ZTR Hedge Fund Activity: Q4 2015 in Review
54 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q4 2015, worth a combined $135M — up 9.2% from $123M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ZTR positions and 6 closed out — a net gain of 8 holders — while 22 added to existing stakes and 13 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $17.2M. The largest seller was Sit Investment Associates, cutting an estimated $23.5M.
- 54 institutional investors held Virtus Total Return Fund (ZTR) as of Q4 2015, up from 46 in Q3 2015.
- Funds reported $135M of Virtus Total Return Fund stock for Q4 2015, up 9.2% quarter-over-quarter.
- 14 funds opened new Virtus Total Return Fund positions in Q4 2015 and 6 closed out, a net change of +8 holders.
- The largest Virtus Total Return Fund buyer in Q4 2015 was Karpus Investment Management, an estimated $17.2M added.
- The largest Virtus Total Return Fund seller in Q4 2015 was Sit Investment Associates, an estimated $23.5M sold.
Based on aggregated 13F filings for Q4 2015.