Virtus Total Return Fund
ZTR
76 hedge funds and large institutions have $131M invested in Virtus Total Return Fund in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 14 reducing their positions, and 11 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 14
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
6% more funds holding
Funds holding: 72 → 76 (+4)
0.83% less ownership
Funds ownership: 42.7% → 41.86% (-0.83%)
40% less capital invested
Capital invested by funds: $218M → $131M (-$87.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.88M |
| 3 |
QL
Quarry LP
New York
|
+$781K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$659K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TL
Tradewinds LLC
Raleigh,
North Carolina
|
-$4.38M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$3.43M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.86M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$1.56M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$743K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| $6 | – | – | – |
|
|
WAM
77
Wolverine Asset Management
Chicago,
Illinois
| – | -$551K | -84,190 | Closed |
|
78
Citadel Advisors
Miami,
Florida
| – | -$345K | -52,631 | Closed |
|
79
JP Morgan Chase
New York
| – | -$101K | -15,305 | -100% |
|
|
WAM
80
Weiss Asset Management
Boston,
Massachusetts
| – | -$94K | -14,349 | Closed |
|
|
TL
81
Tradewinds LLC
Raleigh,
North Carolina
| – | -$4.38M | -12,458 | Closed |
|
|
WOSD
82
WFA of San Diego
San Diego,
California
| – | -$52.8K | -8,066 | Closed |
|
83
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$25.1K | -3,856 | Closed |
|
|
BONH
84
Bank of New Hampshire
Laconia,
New Hampshire
| – | -$2K | -313 | Closed |
|
|
MCC
85
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$1.97K | -300 | Closed |
|
|
AWM
86
Accurate Wealth Management
Wesley Chapel,
Florida
| – | -$1.25K | -183 | Closed |
|
|
BCMLT
87
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
| – | -$904 | -138 | Closed |
|
|
AC
88
Almitas Capital
Santa Monica,
California
| – | -$27 | -4 | Closed |
|
ZTR Hedge Fund Activity: Q1 2023 in Review
76 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q1 2023, worth a combined $131M — down 40% from $218M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ZTR positions and 11 closed out — a net gain of 5 holders — while 25 added to existing stakes and 14 trimmed.
The largest buyer was Clough Capital Partners, adding an estimated $1.9M. The largest seller was Tradewinds LLC, exiting entirely with an estimated $4.38M sold.
- 76 institutional investors held Virtus Total Return Fund (ZTR) as of Q1 2023, up from 72 in Q4 2022.
- Funds reported $131M of Virtus Total Return Fund stock for Q1 2023, down 40% quarter-over-quarter.
- 16 funds opened new Virtus Total Return Fund positions in Q1 2023 and 11 closed out, a net change of +5 holders.
- The largest Virtus Total Return Fund buyer in Q1 2023 was Clough Capital Partners, an estimated $1.9M added.
- The largest Virtus Total Return Fund seller in Q1 2023 was Tradewinds LLC, an estimated $4.38M sold.
Based on aggregated 13F filings for Q1 2023.