Virtus Total Return Fund
ZTR
42 hedge funds and large institutions have $164M invested in Virtus Total Return Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 8 closing their positions.
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
4% less capital invested
Capital invested by funds: $172M → $164M (-$7.68M)
2% less funds holding
Funds holding: 43 → 42 (-1)
2.54% less ownership
Funds ownership: 35.19% → 32.65% (-2.5%)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$1.38M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$903K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$903K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$257K |
| 5 |
IH
IFC Holdings
Tampa,
Florida
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$9.21M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.45M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.85M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$299K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$182K |
ZTR Hedge Fund Activity: Q1 2015 in Review
42 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q1 2015, worth a combined $164M — down 4.5% from $172M a quarter earlier.
Fund positioning in ZTR was balanced in Q1 2015: 8 funds opened new positions, 8 closed out, 10 added to existing stakes and 15 trimmed.
The largest buyer was Relative Value Partners, adding an estimated $1.38M. The largest seller was Ancora Advisors, exiting entirely with an estimated $9.21M sold.
- 42 institutional investors held Virtus Total Return Fund (ZTR) as of Q1 2015, down from 43 in Q4 2014.
- Funds reported $164M of Virtus Total Return Fund stock for Q1 2015, down 4.5% quarter-over-quarter.
- 8 funds opened new Virtus Total Return Fund positions in Q1 2015 and 8 closed out, a net change of 0 holders.
- The largest Virtus Total Return Fund buyer in Q1 2015 was Relative Value Partners, an estimated $1.38M added.
- The largest Virtus Total Return Fund seller in Q1 2015 was Ancora Advisors, an estimated $9.21M sold.
Based on aggregated 13F filings for Q1 2015.