Vault-13

VIRTUS CONVERTIBLE & INC FD

COM · CUSIP 92838U108

75 institutional holders +3 vs Q1 2024
25,262,95925.3m shares reported held*
$73.8mreported value*
10 new 20 added 28 reduced 8 sold out net sold ≈ $60.4m (-20.7m 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 ≈ $2.92.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 68Q4 22: 71Q1 23: 70Q2 23: 73Q3 23: 72Q4 23: 78Q1 24: 72Q2 24: 7575Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202268
Q4 202271
Q1 202370
Q2 202373
Q3 202372
Q4 202378
Q1 202472
Q2 202475

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 47 bought or addedQ4 22: 26 cut or sold outQ4 22Q1 23: 35 bought or addedQ1 23: 33 cut or sold outQ2 23: 38 bought or addedQ2 23: 25 cut or sold outQ2 23Q3 23: 41 bought or addedQ3 23: 26 cut or sold outQ4 23: 45 bought or addedQ4 23: 30 cut or sold outQ4 23Q1 24: 44 bought or addedQ1 24: 32 cut or sold outQ2 24: 30 bought or addedQ2 24: 36 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20224726
Q1 20233533
Q2 20233825
Q3 20234126
Q4 20234530
Q1 20244432
Q2 20243036

Biggest buyers

Advisors Asset Management, Inc. Added +674,413+674.4k
ROYAL BANK OF CANADA Added +100,161+100.2k
CHOREO, LLC New +72,428+72.4k
CITADEL ADVISORS LLC New +36,063+36.1k
WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC New +34,800+34.8k
J.W. COLE ADVISORS, INC. New +34,289+34.3k
Virtu Financial LLC New +13,961+14.0k
INTEGRATED CAPITAL MANAGEMENT, INC. Added +12,567+12.6k
GREAT VALLEY ADVISOR GROUP, INC. New +11,059+11.1k
SYKON CAPITAL LLC New +10,000+10.0k

Biggest sellers

MORGAN STANLEY Reduced -20,498,984-20.5m
Shaker Financial Services, LLC Reduced -244,643-244.6k
Congress Park Capital LLC Reduced -129,449-129.4k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -122,821-122.8k
Cornerstone Advisors, LLC Reduced -119,955-120.0k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Reduced -97,649-97.6k
Cerity Partners LLC Sold out -83,647-83.6k
TWO SIGMA INVESTMENTS, LP Sold out -73,781-73.8k
Pathstone Holdings, LLC Reduced -65,333-65.3k
WOLVERINE ASSET MANAGEMENT LLC Sold out -52,081-52.1k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 10,574,90210.6m $30.9m $30.9m 0.00% Reduced -20.5m -20,498,984
2 Advisors Asset Management, Inc. 0.15% of their portfolio Monument, CO 2,711,8082.7m $7.9m $7.9m 0.15% Added +674.4k +674,413
3 Heron Bay Capital Management 1.18% of their portfolio BLOOMFIELD HILLS, MI 1,904,4531.9m $5.6m $5.6m 1.18% Reduced -7.1k -7,145
4 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 1,140,1691.1m $3.3m $3.3m 0.01% Unchanged
5 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 1,107,5111.1m $3.2m $3.2m 0.01% Reduced -65.3k -65,333
6 Congress Park Capital LLC 1.02% of their portfolio SARATOGA SPRINGS, NY 868,547868.5k $2.5m $2.5m 1.02% Reduced -129.4k -129,449
7 PARK AVENUE SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 436,106436.1k $1.3m $1.3m 0.02% Reduced -4.5k -4,500
8 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.11% of their portfolio Englewood, NJ 427,973428.0k $1.2m $1.2m 0.11% Reduced -97.6k -97,649
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 416,841416.8k $1.2m $1.2m 0.00% Reduced -1.6k -1,610
10 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 400,533400.5k $1.2m $1.2m 0.00% Reduced -122.8k -122,821
11 Gridiron Partners, LLC 0.67% of their portfolio Wexford, PA 359,310359.3k $1.0m $1.0m 0.67% Unchanged
12 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 356,281356.3k $1.0m $1.0m 0.00% Reduced -25.1k -25,090
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 350,144350.1k $1.0m $1.0m 0.00% Reduced -155 -155
14 Cornerstone Advisors, LLC 0.04% of their portfolio ASHEVILLE, NC 345,190345.2k $1.0m $1.0m 0.04% Reduced -120.0k -119,955
15 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 293,626293.6k $857.4k $857.4k 0.00% Reduced -2.2k -2,225
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 278,375278.4k $812.9k $812.9k 0.00% Added +66 +66
17 COMERICA BANK 0.00% of their portfolio DALLAS, TX 254,340254.3k $742.7k $742.7k 0.00% Reduced -3.7k -3,675
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 243,877243.9k $712.0k $712.0k 0.00% Added +100.2k +100,161
19 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 236,480236.5k $691.0k $691.0k 0.00% Reduced -2.5k -2,524
20 Twelve Points Wealth Management LLC 0.22% of their portfolio CONCORD, MA 213,836213.8k $624.4k $624.4k 0.22% Unchanged
21 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 210,346210.3k $614.2k $614.2k 0.00% Reduced -50.4k -50,367
22 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 197,044197.0k $575.4k $575.4k 0.00% Reduced -6.8k -6,848
23 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 155,700155.7k $454.6k $454.6k 0.00% Reduced -8.3k -8,300
24 ROBINSON CAPITAL MANAGEMENT, LLC 0.15% of their portfolio GROSSE POINTE FARMS, MI 141,748141.7k $413.9k $413.9k 0.15% Unchanged
25 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 129,625129.6k $378.5k $378.5k 0.00% Added +3.6k +3,642
26 Shaker Financial Services, LLC 0.15% of their portfolio Arlington, VA 126,982127.0k $370.8k $370.8k 0.15% Reduced -244.6k -244,643
27 UBS Group AG 0.00% of their portfolio ZURICH, V8 118,232118.2k $345.2k $345.2k 0.00% Added +961 +961
28 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 102,570102.6k $300.0k $300.0k 0.00% Reduced -2.7k -2,703
29 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 88,85488.9k $259.5k $259.5k 0.01% Reduced -3.2k -3,237
30 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 86,94786.9k $254.0k $254.0k 0.00% Added +3.8k +3,792
31 INTEGRATED CAPITAL MANAGEMENT, INC. 0.18% of their portfolio JESSUP, PA 77,25177.3k $225.6k $225.6k 0.18% Added +12.6k +12,567
32 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 72,42872.4k $211.5k $211.5k 0.00% New
33 Mariner, LLC 0.00% of their portfolio Overland Park, KS 68,85468.9k $201.1k $201.1k 0.00% Added +2.8k +2,786
34 PFG Investments, LLC 0.01% of their portfolio WOODBURY, NY 61,94761.9k $180.9k $180.9k 0.01% Reduced -2.6k -2,581
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 43,60843.6k $127.3k $127.3k 0.00% Reduced -8.9k -8,900
36 HOLLENCREST CAPITAL MANAGEMENT 0.01% of their portfolio NEWPORT BEACH, CA 41,35541.4k $120.8k $120.8k 0.01% Unchanged
37 Arcus Capital Partners, LLC 0.04% of their portfolio ATLANTA, GA 37,77937.8k $110.3k $110.3k 0.04% Added +10 +10
38 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 36,06336.1k $105.3k $105.3k 0.00% New
39 Sonora Investment Management Group, LLC 0.01% of their portfolio TUCSON, AZ 36,06036.1k $107.8k $107.8k 0.01% Unchanged
40 WALLED LAKE PLANNING & WEALTH MANAGEMENT, LLC 0.04% of their portfolio HIGHLAND PARK, IL 34,80034.8k $101.6k $101.6k 0.04% New
41 J.W. COLE ADVISORS, INC. 0.00% of their portfolio TAMPA, FL 34,28934.3k $100.1k $100.1k 0.00% New
42 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.03% of their portfolio LEAWOOD, KS 33,18633.2k $96.9k $96.9k 0.03% Unchanged
43 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 26,41426.4k $77.1k $77.1k 0.01% Unchanged
44 Pinnacle Wealth Planning Services, Inc. 0.01% of their portfolio MANSFIELD, OH 25,42125.4k $74.2k $74.2k 0.01% Added +971 +971
45 MRA Advisory Group 0.04% of their portfolio PARSIPPANY, NJ 25,16025.2k $73.5k $73.5k 0.04% Added +596 +596
46 SVB WEALTH LLC 0.00% of their portfolio BOSTON, MA 25,15025.1k $73.4k $73.4k 0.00% Unchanged
47 Moors & Cabot, Inc. 0.00% of their portfolio BOSTON, MA 22,00022.0k $64.2k $64.2k 0.00% Unchanged
48 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 20,76620.8k $58.6k $58.6k 0.00% First filing
49 MGO ONE SEVEN LLC 0.00% of their portfolio Beachwood, OH 20,55620.6k $60.0k $60.0k 0.00% Reduced -6.3k -6,343
50 Samalin Investment Counsel, LLC 0.03% of their portfolio CHAPPAQUA, NY 19,05119.1k $55.6k $55.6k 0.03% Added +592 +592
51 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 16,55216.6k $48.0k $48.0k 0.00% Added +890 +890
52 SFI Advisors, LLC 0.04% of their portfolio Montclair, NJ 16,25316.3k $47.5k $47.5k 0.04% Unchanged
53 Occidental Asset Management, LLC 0.01% of their portfolio Burlingame, CA 15,60615.6k $45.6k $45.6k 0.01% Added +503 +503
54 Gilliland Jeter Wealth Management LLC 0.01% of their portfolio LITTLE ROCK, AR 14,87114.9k $43.4k $43.4k 0.01% Unchanged
55 KPP Advisory Services LLC 0.01% of their portfolio Louisville, KY 14,35214.4k $41.9k $41.9k 0.01% Reduced -5.2k -5,245
56 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 14,29914.3k $41.8k $41.8k 0.00% Reduced -3.4k -3,374
57 Virtu Financial LLC 0.00% of their portfolio New York, NY 13,96114.0k $41.0k $41.0k 0.00% New
58 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 12,91812.9k $37.7k $37.7k 0.00% Reduced -32.8k -32,800
59 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 12,43212.4k $36.3k $36.3k 0.00% Added +262 +262
60 Heritage Wealth Management, Inc. /CA/ 0.03% of their portfolio SAN DIEGO, CA 12,38512.4k $36.2k $36.2k 0.03% Reduced -802 -802
61 Semus Wealth Partners LLC 0.03% of their portfolio Boca Raton, FL 11,57711.6k $33.8k $33.8k 0.03% Added +355 +355
62 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 11,36111.4k $33.2k $33.2k 0.00% Added +225 +225
63 GREAT VALLEY ADVISOR GROUP, INC. 0.00% of their portfolio WILMINGTON, DE 11,05911.1k $32.3k $32.3k 0.00% New
64 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 10,00010.0k $32.6k $32.6k 0.00% Unchanged
65 SYKON CAPITAL LLC 0.01% of their portfolio HARRISON, NY 10,00010.0k $29.2k $29.2k 0.01% New
66 Ashton Thomas Private Wealth, LLC 0.00% of their portfolio SCOTTSDALE, AZ 7,7997.8k $22.8k $22.8k 0.00% New
67 HighMark Wealth Management LLC 0.01% of their portfolio ST. PAUL, MN 4,6424.6k $13.6k $13.6k 0.01% Added +144 +144
68 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 3,3553.4k $9.9k $9.9k 0.00% New
69 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2,8002.8k $8.3k $8.3k 0.00% Unchanged
70 Fortitude Family Office, LLC 0.00% of their portfolio SCOTTSDALE, AZ 2,5002.5k $7.3k $7.3k 0.00% Unchanged
71 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 2,3552.4k $7.0k $7.0k 0.00% Added +117 +117
72 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 886886 $2.6k $2.6k 0.00% New
73 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 437437 $1.3k $1.3k 0.00% Reduced -311 -311
74 Clear Point Advisors Inc. 0.00% of their portfolio MELVILLE, NY 7171 $206 $206 0.00% Added +3 +3
75 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged