Virtus Total Return Fund
ZTR
47 hedge funds and large institutions have $138M invested in Virtus Total Return Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 10 closing their positions.
2% more capital invested
Capital invested by funds: $135M → $138M (+$3.24M)
0.8% more ownership
Funds ownership: 34.22% → 35.02% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 54 → 47 (-7)
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$4.15M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.19M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.03M |
| 4 |
RVPG
Relative Value Partners Group
|
+$927K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$642K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.47M |
| 2 |
SCM
Summit Capital Management
Seattle,
Washington
|
-$785K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$719K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$641K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$544K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
51
AQR Arbitrage
Greenwich,
Connecticut
| – | -$510K | -41,890 | Closed |
|
52
SG Americas Securities
New York
| – | -$257K | -21,069 | Closed |
|
|
VKH
53
Virtu KCG Holdings
New York
| – | -$185K | -15,224 | Closed |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| – | -$18K | -1,550 | Closed |
|
|
AIA
55
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$18K | -1,441 | Closed |
|
|
IA
56
IFP Advisors
Tampa,
Florida
| – | -$3K | -285 | Closed |
|
ZTR Hedge Fund Activity: Q1 2016 in Review
47 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q1 2016, worth a combined $138M — up 2.4% from $135M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ZTR and 4 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 14 added.
The largest buyer was Icon Advisers, adding an estimated $4.15M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $3.47M sold.
- 47 institutional investors held Virtus Total Return Fund (ZTR) as of Q1 2016, down from 54 in Q4 2015.
- Funds reported $138M of Virtus Total Return Fund stock for Q1 2016, up 2.4% quarter-over-quarter.
- 4 funds opened new Virtus Total Return Fund positions in Q1 2016 and 10 closed out, a net change of -6 holders.
- The largest Virtus Total Return Fund buyer in Q1 2016 was Icon Advisers, an estimated $4.15M added.
- The largest Virtus Total Return Fund seller in Q1 2016 was Sit Investment Associates, an estimated $3.47M sold.
Based on aggregated 13F filings for Q1 2016.