Virtus Total Return Fund
ZTR
45 hedge funds and large institutions have $174M invested in Virtus Total Return Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 3 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
0.21% more ownership
Funds ownership: 36.06% → 36.26% (+0.21%)
0% more funds holding
Funds holding: 45 → 45 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
3% less capital invested
Capital invested by funds: $180M → $174M (-$5.78M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.92M |
| 2 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$1.07M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$893K |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$484K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$457K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.16M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.36M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$834K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$545K |
| 5 |
Morgan Stanley
New York
|
-$295K |
ZTR Hedge Fund Activity: Q3 2014 in Review
45 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q3 2014, worth a combined $174M — down 3.2% from $180M a quarter earlier.
Fund positioning in ZTR was balanced in Q3 2014: 3 funds opened new positions, 3 closed out, 17 added to existing stakes and 11 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.92M. The largest seller was Bulldog Investors, cutting an estimated $2.16M.
- 45 institutional investors held Virtus Total Return Fund (ZTR) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $174M of Virtus Total Return Fund stock for Q3 2014, down 3.2% quarter-over-quarter.
- 3 funds opened new Virtus Total Return Fund positions in Q3 2014 and 3 closed out, a net change of 0 holders.
- The largest Virtus Total Return Fund buyer in Q3 2014 was Sit Investment Associates, an estimated $2.92M added.
- The largest Virtus Total Return Fund seller in Q3 2014 was Bulldog Investors, an estimated $2.16M sold.
Based on aggregated 13F filings for Q3 2014.