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ZTR

Virtus Total Return Fund

Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$20.9M -$2.81M -523,956 -12%
Morgan Stanley
2
Morgan Stanley
New York
$19.5M -$11.2M -2,083,921 -37%
KIM
3
Karpus Investment Management
New York
$13.4M +$271K +50,513 +2%
MP
4
Mangrove Partners
Connecticut
$10.8M +$375K +70,112 +4%
YCM
5
Yakira Capital Management
Connecticut
$9.92M -$80.3K -15,000 -0.8%
BI
6
Bulldog Investors
New Jersey
$5.13M -$200K -37,323 -4%
LPL Financial
7
LPL Financial
California
$4.75M +$340K +63,418 +8%
AIA
8
Absolute Investment Advisers
Florida
$4.67M +$4.49M +839,292 New
Stifel Financial
9
Stifel Financial
Missouri
$4.35M +$429K +80,185 +11%
AA
10
AQR Arbitrage
Connecticut
$3.5M +$659K +123,088 +24%
AGM
11
Alpine Global Management
New York
$3.34M +$1.1M +204,778 +52%
GC
12
Guggenheim Capital
Illinois
$3.31M -$327K -61,098 -9%
LCM
13
Landscape Capital Management
New Jersey
$2.35M -$654K -122,163 -22%
SCM
14
Saba Capital Management
New York
$1.71M -$3.5M -653,184 -68%
PAG
15
Private Advisor Group
New Jersey
$1.71M +$260K +48,613 +19%
QL
16
Quarry LP
New York
$1.64M +$9.79K +1,829 +0.6%
RCM
17
Rivernorth Capital Management
Florida
$1.49M +$1.43M +267,929 New
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$1.42M -$8.27K -1,545 -0.6%
Cetera Investment Advisers
19
Cetera Investment Advisers
Illinois
$1.39M +$299K +55,791 +29%
PAS
20
Park Avenue Securities
New York
$1.34M -$12.1K -2,260 -0.9%
FSI
21
Flow State Investments
Illinois
$1.09M -$197K -36,722 -16%
CA
22
Cetera Advisors
Colorado
$1.07M +$1.02M +191,352 New
CL
23
CSS LLC
Illinois
$951K +$914K +170,692 New
RVPG
24
Relative Value Partners Group
$859K
Wells Fargo
25
Wells Fargo
California
$787K +$197K +36,827 +35%