Virtus Total Return Fund
ZTR
41 hedge funds and large institutions have $61.5M invested in Virtus Total Return Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 9 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
4.04% less ownership
Funds ownership: 20.09% → 16.05% (-4%)
7% less funds holding
Funds holding: 44 → 41 (-3)
20% less capital invested
Capital invested by funds: $76.7M → $61.5M (-$15.2M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$1.22M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$775K |
| 3 |
Morgan Stanley
New York
|
+$658K |
| 4 |
RVPG
Relative Value Partners Group
|
+$568K |
| 5 |
SIM
Strategic Investment Management
Arlington,
Virginia
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.53M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$3.17M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.08M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.38M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$899K |
ZTR Hedge Fund Activity: Q3 2016 in Review
41 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q3 2016, worth a combined $61.5M — down 20% from $76.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ZTR and 6 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was Stifel Financial, adding an estimated $1.22M. The largest seller was Karpus Investment Management, cutting an estimated $9.53M.
- 41 institutional investors held Virtus Total Return Fund (ZTR) as of Q3 2016, down from 44 in Q2 2016.
- Funds reported $61.5M of Virtus Total Return Fund stock for Q3 2016, down 20% quarter-over-quarter.
- 6 funds opened new Virtus Total Return Fund positions in Q3 2016 and 9 closed out, a net change of -3 holders.
- The largest Virtus Total Return Fund buyer in Q3 2016 was Stifel Financial, an estimated $1.22M added.
- The largest Virtus Total Return Fund seller in Q3 2016 was Karpus Investment Management, an estimated $9.53M sold.
Based on aggregated 13F filings for Q3 2016.