Virtus Total Return Fund
ZTR
45 hedge funds and large institutions have $180M invested in Virtus Total Return Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
5% more funds holding
Funds holding: 43 → 45 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less capital invested
Capital invested by funds: $181M → $180M (-$1.34M)
0.95% less ownership
Funds ownership: 37% → 36.06% (-0.95%)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.05M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.33M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$865K |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$506K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$8.65M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.04M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.13M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$931K |
| 5 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$281K |
ZTR Hedge Fund Activity: Q2 2014 in Review
45 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q2 2014, worth a combined $180M — down 0.74% from $181M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ZTR positions and 2 closed out — a net gain of 2 holders — while 12 added to existing stakes and 19 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.05M. The largest seller was Bulldog Investors, cutting an estimated $8.65M.
- 45 institutional investors held Virtus Total Return Fund (ZTR) as of Q2 2014, up from 43 in Q1 2014.
- Funds reported $180M of Virtus Total Return Fund stock for Q2 2014, down 0.74% quarter-over-quarter.
- 4 funds opened new Virtus Total Return Fund positions in Q2 2014 and 2 closed out, a net change of +2 holders.
- The largest Virtus Total Return Fund buyer in Q2 2014 was Sit Investment Associates, an estimated $4.05M added.
- The largest Virtus Total Return Fund seller in Q2 2014 was Bulldog Investors, an estimated $8.65M sold.
Based on aggregated 13F filings for Q2 2014.