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ZTR

Virtus Total Return Fund

43 hedge funds and large institutions have $164M 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, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 10

0.65% more ownership

Funds ownership: 33.46%34.11% (+0.65%)

0% more funds holding

Funds holding: 4343 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

2% less capital invested

Capital invested by funds: $167M → $164M (-$3.18M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
43
Holders Change
Holders Change %
0%
% of All Funds
1.25%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
3
Increased
17
Reduced
10
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$41.9M +$2.92M +206,175 +7%
KIM
2
Karpus Investment Management
New York
$34.6M +$893K +62,991 +3%
RVP
3
Relative Value Partners
Illinois
$32.1M +$1.07M +75,247 +3%
RCM
4
Rivernorth Capital Management
Florida
$9.9M +$70.9K +5,000 +0.7%
AA
5
Ancora Advisors
Ohio
$9.13M -$834K -58,800 -8%
Morgan Stanley
6
Morgan Stanley
New York
$7M -$295K -20,836 -4%
PPA
7
Parametric Portfolio Associates
Washington
$4.42M -$545K -38,456 -11%
Wells Fargo
8
Wells Fargo
California
$4.38M -$226K -15,930 -5%
SG Americas Securities
9
SG Americas Securities
New York
$2.21M -$7.8K -550 -0.3%
BBPWM
10
Blue Bell Private Wealth Management
Pennsylvania
$2.03M -$98.6K -6,956 -5%
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$1.81M -$5.45K -384 -0.3%
1CP
12
1607 Capital Partners
Virginia
$1.66M
TJHA
13
Thomas J. Herzfeld Advisors
Florida
$1.48M +$94.8K +6,688 +7%
RFC
14
Regions Financial Corp
Alabama
$1.28M
Stifel Financial
15
Stifel Financial
Missouri
$1.28M +$255 +18 +0%
FAAS
16
First Allied Advisory Services
California
$1.25M -$13.8K -976 -1%
Grantham, Mayo, Van Otterloo & Co (GMO)
17
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$970K +$484K +34,128 +95%
Bank of America
18
Bank of America
North Carolina
$864K +$34.8K +2,451 +4%
IT
19
Independence Trust
Tennessee
$763K +$368K +25,976 +89%
FIMG
20
Financial & Investment Management Group
Michigan
$678K -$25.5K -1,799 -4%
CL
21
CSS LLC
Illinois
$637K +$12.4K +876 +2%
LPL Financial
22
LPL Financial
California
$635K +$5.79K +408 +0.9%
WAM
23
Wolverine Asset Management
Illinois
$446K +$457K +32,257 New
DA
24
Doliver Advisors
Texas
$406K -$180K -12,681 -30%
GC
25
Guggenheim Capital
Illinois
$361K +$31.1K +2,194 +9%

ZTR Hedge Fund Activity: Q3 2014 in Review

43 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q3 2014, worth a combined $164M — down 1.9% from $167M 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 10 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $2.92M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $1.36M sold.

  • 43 institutional investors held Virtus Total Return Fund (ZTR) as of Q3 2014, unchanged from Q2 2014.
  • Funds reported $164M of Virtus Total Return Fund stock for Q3 2014, down 1.9% 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 Mariner Investment Group, an estimated $1.36M sold.

Based on aggregated 13F filings for Q3 2014.