Virtus Total Return Fund
ZTR
92 hedge funds and large institutions have $67.7M invested in Virtus Total Return Fund in 2025 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 43 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
10% more funds holding
Funds holding: 84 → 92 (+8)
7.75% less ownership
Funds ownership: 23.42% → 15.67% (-7.7%)
28% less capital invested
Capital invested by funds: $94.4M → $67.7M (-$26.7M)
60% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 43
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$841K |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$551K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$425K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$278K |
| 5 |
Jane Street
New York
|
+$253K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$9.22M |
| 2 |
CC
CF Capital
Cohasset,
Massachusetts
|
-$6.29M |
| 3 |
Morgan Stanley
New York
|
-$4.28M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.9M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$2.59M |
ZTR Hedge Fund Activity: Q4 2025 in Review
92 of the 8,263 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (ZTR) for Q4 2025, worth a combined $67.7M — down 28% from $94.4M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ZTR positions and 8 closed out — a net gain of 8 holders — while 17 added to existing stakes and 43 trimmed.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $841K. The largest seller was Gridiron Partners, cutting an estimated $9.22M.
- 92 institutional investors held Virtus Total Return Fund (ZTR) as of Q4 2025, up from 84 in Q3 2025.
- Funds reported $67.7M of Virtus Total Return Fund stock for Q4 2025, down 28% quarter-over-quarter.
- 16 funds opened new Virtus Total Return Fund positions in Q4 2025 and 8 closed out, a net change of +8 holders.
- The largest Virtus Total Return Fund buyer in Q4 2025 was Advisors Asset Management, an estimated $841K added.
- The largest Virtus Total Return Fund seller in Q4 2025 was Gridiron Partners, an estimated $9.22M sold.
Based on aggregated 13F filings for Q4 2025.