Virtus Total Return Fund
ZTR
42 hedge funds and large institutions have $49.9M invested in Virtus Total Return Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 41 → 42 (+1)
0.7% less ownership
Funds ownership: 16.05% → 15.36% (-0.7%)
19% less capital invested
Capital invested by funds: $61.5M → $49.9M (-$11.5M)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$1.23M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$493K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$397K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$328K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.21M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$3.33M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.43M |
| 4 |
RVPG
Relative Value Partners Group
|
-$964K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$948K |
ZTR Hedge Fund Activity: Q4 2016 in Review
42 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q4 2016, worth a combined $49.9M — down 19% from $61.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ZTR positions and 6 closed out — a net gain of 1 holder — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Alpine Global Management, opening a new position worth an estimated $1.23M. The largest seller was Wells Fargo, cutting an estimated $4.21M.
- 42 institutional investors held Virtus Total Return Fund (ZTR) as of Q4 2016, up from 41 in Q3 2016.
- Funds reported $49.9M of Virtus Total Return Fund stock for Q4 2016, down 19% quarter-over-quarter.
- 7 funds opened new Virtus Total Return Fund positions in Q4 2016 and 6 closed out, a net change of +1 holder.
- The largest Virtus Total Return Fund buyer in Q4 2016 was Alpine Global Management, an estimated $1.23M added.
- The largest Virtus Total Return Fund seller in Q4 2016 was Wells Fargo, an estimated $4.21M sold.
Based on aggregated 13F filings for Q4 2016.