Virtus Total Return Fund
ZTR
89 hedge funds and large institutions have $88.1M invested in Virtus Total Return Fund in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 37 reducing their positions, and 14 closing their positions.
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
3% less funds holding
Funds holding: 92 → 89 (-3)
5% less ownership
Funds ownership: 28.9% → 23.9% (-5%)
24% less capital invested
Capital invested by funds: $116M → $88.1M (-$28.1M)
43% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 37
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
CF Capital
Cohasset,
Massachusetts
|
+$2.76M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.85M |
| 3 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$766K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$729K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$708K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$6.2M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.87M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.12M |
| 4 |
SCM
Saba Capital Management
New York
|
-$3.57M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2.55K | -435 | Closed |
|
|
WA
102
WPG Advisers
Baltimore,
Maryland
| – | -$275 | -47 | Closed |
|
103
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$12 | -2 | Closed |
|
ZTR Hedge Fund Activity: Q1 2025 in Review
89 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q1 2025, worth a combined $88.1M — down 24% from $116M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ZTR and 13 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 21 added.
The largest buyer was CF Capital, adding an estimated $2.76M. The largest seller was Penserra Capital Management, cutting an estimated $6.2M.
- 89 institutional investors held Virtus Total Return Fund (ZTR) as of Q1 2025, down from 92 in Q4 2024.
- Funds reported $88.1M of Virtus Total Return Fund stock for Q1 2025, down 24% quarter-over-quarter.
- 13 funds opened new Virtus Total Return Fund positions in Q1 2025 and 14 closed out, a net change of -1 holder.
- The largest Virtus Total Return Fund buyer in Q1 2025 was CF Capital, an estimated $2.76M added.
- The largest Virtus Total Return Fund seller in Q1 2025 was Penserra Capital Management, an estimated $6.2M sold.
Based on aggregated 13F filings for Q1 2025.