VIRTUS TOTAL RETURN FD INC ZTR
COM · Closed-End Fund · CUSIP 92835W107
73
institutional holders
+1 vs Q3 2022
20.6m
shares reported held*
$139.1mreported value*
16 new
20 added
17 reduced
14 sold out
net bought ≈ $4.6m (+702.6k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $6.76.
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 72 |
| Q4 2022 | 73 |
Biggest buyers
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Added | +1.2m |
| Woodline Partners LP | New | +96.1k |
| WOLVERINE ASSET MANAGEMENT LLC | New | +84.2k |
| MORGAN STANLEY | Added | +75.8k |
| Cetera Investment Advisers | New | +66.8k |
| CITADEL ADVISORS LLC | New | +52.6k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Added | +46.4k |
| GUGGENHEIM CAPITAL LLC | Added | +42.2k |
| Ameritas Advisory Services, LLC | Added | +27.9k |
| Elequin Capital, LP | New | +27.8k |
Biggest sellers
| Yakira Capital Management, Inc. | Reduced | -485.9k |
| Ursa Fund Management, LLC | Sold out | -188.4k |
| SIT INVESTMENT ASSOCIATES INC | Reduced | -147.2k |
| CLOUGH CAPITAL PARTNERS L P | Reduced | -98.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -67.9k |
| Walleye Capital LLC | Sold out | -65.4k |
| HOLLENCREST CAPITAL MANAGEMENT | Reduced | -19.7k |
| Sigma Planning Corp | Reduced | -17.3k |
| LPL Financial LLC | Reduced | -13.0k |
| B. Riley Wealth Advisors, Inc. | Sold out | -12.9k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Saba Capital Management, L.P.
13D · may seek influence
new · filed 2026-09-30
Stated purposeThe Reporting Persons acquired the Common Shares to which this Schedule 13D relates in the ordinary course of business for investment purposes because they believe that the Common Shares are undervalued and represent an attractive investment opportunity. The Reporting Persons may engage in discussions with management, the Board of Directors (the "Board"), other shareholders of the Issuer and other relevant parties, including representatives of any of the foregoing, concerning the Reporting Persons' investment in the Common Shares and the Issuer, including, without limitation, matters concerning the Issuer's business, operations, board appointments, governance, performance, management, capitalization, trading of the Common Shares at a discount to the Issuer's net asset value and strategic p… Full filing |
5.0% |
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 2 | $38.1k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 6 | $54.2k | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| SIT INVESTMENT ASSOCIATES INC 1.01% of their portfolio | 5.5m $36.0m | Reduced -147.2k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 1.21% of their portfolio | 4.1m $26.9m | Added +1.2m |
| Yakira Capital Management, Inc. 3.45% of their portfolio | 2.6m $16.9m | Reduced -485.9k |
| MORGAN STANLEY 0.00% of their portfolio | 2.3m $15.2m | Added +75.8k |
| CENTAURUS FINANCIAL, INC. 0.62% of their portfolio | 1.0m $6.6m | Reduced -5.6k |
| CLOUGH CAPITAL PARTNERS L P 0.61% of their portfolio | 916.2k $6.0m | Reduced -98.8k |
| LPL Financial LLC 0.00% of their portfolio | 622.6k $4.1m | Reduced -13.0k |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 537.6k $3.5m | Added +42.2k |
| Bulldog Investors, LLP 1.02% of their portfolio | 516.1k $3.4m | Reduced -8.9k |
| NOMURA HOLDINGS INC 0.03% of their portfolio | 500.0k $3.3m | Unchanged |
| CSS LLC/IL 0.20% of their portfolio | 464.8k $3.0m | Added +4.8k |
| Private Advisor Group, LLC 0.02% of their portfolio | 100.5k $659.0k | Added +24.4k |
| Woodline Partners LP 0.01% of their portfolio | 96.1k $629.5k | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.09% of their portfolio | 93.5k $612.3k | Added +46.4k |
| Sigma Planning Corp 0.02% of their portfolio | 90.2k $590.8k | Reduced -17.3k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 84.2k $551.4k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 79.7k $521.7k | Reduced -904 |
| DOLIVER ADVISORS, LP 0.17% of their portfolio | 78.2k $511.9k | Reduced -10.0k |
| Cetera Investment Advisers 0.00% of their portfolio | 66.8k $437.2k | New |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 57.4k $375.8k | Reduced -276 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 54.4k $357.0k | Added +3.3k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 52.6k $344.7k | New |
| Ameritas Advisory Services, LLC 0.02% of their portfolio | 52.6k $344.6k | Added +27.9k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 50.7k $331.8k | Added +10.2k |
| AQR Arbitrage LLC 0.01% of their portfolio | 42.7k $279.7k | Added +17.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 41.7k $273.1k | Reduced -4.8k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 40.3k $264.0k | Added +1.3k |
| ASSET MANAGEMENT CORP /IL/ /ADV 0.18% of their portfolio | 32.4k $212.1k | Added +1.2k |
| UBS Group AG 0.00% of their portfolio | 28.5k $186.6k | Added +1.9k |
| Sheaff Brock Investment Advisors, LLC 0.02% of their portfolio | 28.3k $185.2k | Added +30 |
| Elequin Capital, LP 0.05% of their portfolio | 27.8k $182.3k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 23.5k $153.0k | Reduced -2.7k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 22.9k $150.0k | Added +427 |
| Mariner, LLC 0.00% of their portfolio | 22.5k $147.0k | Added +254 |
| Shulman DeMeo Asset Management LLC 0.04% of their portfolio | 20.4k $133.5k | Reduced -152 |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 20.2k $132.6k | Reduced -6.4k |
| Eudaimonia Partners, LLC 0.03% of their portfolio | 20.0k $131.0k | Unchanged |
| HOLLENCREST CAPITAL MANAGEMENT 0.01% of their portfolio | 15.8k $103.7k | Reduced -19.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 15.3k $100.0k | New |
| CoreCap Advisors, LLC 0.01% of their portfolio | 15.3k $100.2k | Reduced -9.5k |
| Weiss Asset Management LP 0.00% of their portfolio | 14.3k $94.0k | New |
| Tradewinds, LLC. 2.82% of their portfolio | 12.5k $4.4m | New |
| Choate Investment Advisors 0.00% of their portfolio | 12.3k $80.8k | Unchanged |
| Arete Wealth Advisors, LLC 0.01% of their portfolio | 12.1k $79.6k | Unchanged |
| Shaker Financial Services, LLC 0.04% of their portfolio | 12.0k $78.6k | New |
| Mascoma Wealth Management LLC 0.02% of their portfolio | 11.9k $77.9k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 10.8k $71.0k | New |
| Advisory Services Network, LLC 0.00% of their portfolio | 10.2k $66.8k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 8.2k $53.8k | Reduced -7.4k |
| WFA of San Diego, LLC 0.04% of their portfolio | 8.1k $52.8k | New |
| Parkside Financial Bank & Trust 0.01% of their portfolio | 5.7k $37.3k | Added +206 |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 3.9k $25.1k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 3.0k $20.0k | New |
| Global Retirement Partners, LLC 0.00% of their portfolio | 2.9k $18.8k | Added +31 |
| Hexagon Capital Partners LLC 0.01% of their portfolio | 2.8k $18.7k | Added +48 |
| UMB Bank, n.a. 0.00% of their portfolio | 2.2k $14.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.0k $13.3k | Unchanged |
| Thomas J. Herzfeld Advisors, Inc. 0.01% of their portfolio | 1.9k $12.6k | Added +70 |
| CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio | 892 $5.8k | Unchanged |
| EVERMAY WEALTH MANAGEMENT LLC 0.00% of their portfolio | 547 $3.6k | Unchanged |
| Focused Wealth Management, Inc 0.00% of their portfolio | 513 $3.4k | Unchanged |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 406 $2.7k | Unchanged |
| Bank of New Hampshire 0.00% of their portfolio | 313 $2.0k | Unchanged |
| MONEY CONCEPTS CAPITAL CORP 0.00% of their portfolio | 300 $2.0k | New |
| Accurate Wealth Management, LLC 0.00% of their portfolio | 183 $1.2k | New |
| Key Financial Inc 0.00% of their portfolio | 141 $878 | Unchanged |
| Beacon Capital Management, LLC 0.00% of their portfolio | 138 $904 | Unchanged |
| JNBA Financial Advisors 0.00% of their portfolio | 120 $786 | New |
| Ancora Advisors LLC 0.00% of their portfolio | 117 $1.0k | Unchanged |
| Almitas Capital LLC 0.00% of their portfolio | 4 $27 | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 2 $13 | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 1 $7 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |