Virtus Total Return Fund
ZTR
86 hedge funds and large institutions have $127M invested in Virtus Total Return Fund in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 10 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
27% more capital invested
Capital invested by funds: $99.7M → $127M (+$27.3M)
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
4.48% more ownership
Funds ownership: 43.08% → 47.55% (+4.5%)
2% more funds holding
Funds holding: 84 → 86 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$9.54M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.72M |
| 3 |
SCM
Saba Capital Management
New York
|
+$4.82M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.89M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$18M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
-$1.34M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$673K |
| 4 |
Walleye Capital
New York
|
-$587K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$572K |
ZTR Hedge Fund Activity: Q4 2023 in Review
86 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q4 2023, worth a combined $127M — up 27% from $99.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ZTR positions and 10 closed out — a net gain of 2 holders — while 34 added to existing stakes and 22 trimmed.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $9.54M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $18M sold.
- 86 institutional investors held Virtus Total Return Fund (ZTR) as of Q4 2023, up from 84 in Q3 2023.
- Funds reported $127M of Virtus Total Return Fund stock for Q4 2023, up 27% quarter-over-quarter.
- 12 funds opened new Virtus Total Return Fund positions in Q4 2023 and 10 closed out, a net change of +2 holders.
- The largest Virtus Total Return Fund buyer in Q4 2023 was Mangrove Partners, an estimated $9.54M added.
- The largest Virtus Total Return Fund seller in Q4 2023 was Rivernorth Capital Management, an estimated $18M sold.
Based on aggregated 13F filings for Q4 2023.