VIRTUS CONVERTIBLE & INCOME
COM · CUSIP 92838X102
93
institutional holders
+0 vs Q2 2023
20.4m
shares reported held*
$63.4mreported value*
12 new
37 added
24 reduced
12 sold out
net bought ≈ $7.1m (+2.3m 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 ≈ $3.11.
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 90 |
| Q4 2022 | 93 |
| Q1 2023 | 94 |
| Q2 2023 | 93 |
| Q3 2023 | 93 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 35 | 42 |
| Q1 2023 | 40 | 34 |
| Q2 2023 | 37 | 40 |
| Q3 2023 | 49 | 36 |
Biggest buyers
| MORGAN STANLEY | Added | +1.3m |
| Cornerstone Advisors, LLC | Added | +437.8k |
| COMERICA BANK | New | +359.1k |
| ADVISOR PARTNERS II, LLC | New | +301.6k |
| Advisors Asset Management, Inc. | Added | +238.7k |
| Congress Park Capital LLC | Added | +163.8k |
| WNY Asset Management, LLC | Added | +108.4k |
| OSAIC HOLDINGS, INC. | Added | +64.5k |
| Flow State Investments, L.P. | New | +49.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +44.5k |
Biggest sellers
| GUGGENHEIM CAPITAL LLC | Reduced | -310.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -187.4k |
| CREDIT SUISSE AG/ | Reduced | -170.0k |
| JPMORGAN CHASE & CO | Sold out | -90.3k |
| Heron Bay Capital Management | Reduced | -70.3k |
| Walleye Capital LLC | Reduced | -60.7k |
| Moors & Cabot, Inc. | Sold out | -49.6k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Reduced | -42.2k |
| Sonora Investment Management Group, LLC | Reduced | -39.8k |
| Elequin Capital, LP | Reduced | -27.1k |
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 6.9m $21.4m | Added +1.3m |
| Advisors Asset Management, Inc. 0.16% of their portfolio | 2.4m $7.5m | Added +238.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $6.2m | Reduced -187.4k |
| Cornerstone Advisors, LLC 0.11% of their portfolio | 752.4k $2.3m | Added +437.8k |
| LPL Financial LLC 0.00% of their portfolio | 564.7k $1.8m | Added +17.9k |
| WNY Asset Management, LLC 0.34% of their portfolio | 559.0k $1.7m | Added +108.4k |
| Heron Bay Capital Management 0.44% of their portfolio | 520.2k $1.6m | Reduced -70.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 430.5k $1.3m | Added +8.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 422.0k $1.3m | Added +10.0k |
| COMERICA BANK 0.01% of their portfolio | 359.1k $1.1m | New |
| PARK AVENUE SECURITIES LLC 0.02% of their portfolio | 347.3k $1.1m | Added +28.0k |
| Congress Park Capital LLC 0.57% of their portfolio | 319.5k $993.6k | Added +163.8k |
| ADVISOR PARTNERS II, LLC 0.04% of their portfolio | 301.6k $937.9k | New |
| Cetera Investment Advisers 0.01% of their portfolio | 283.6k $882.1k | Added +15.4k |
| Cetera Advisor Networks LLC 0.01% of their portfolio | 282.1k $877.3k | Added +8.0k |
| Private Advisor Group, LLC 0.01% of their portfolio | 220.9k $686.9k | Added +8.2k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 175.0k $544.2k | Reduced -170.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 173.1k $538.2k | Added +64.5k |
| Logan Stone Capital, LLC 0.14% of their portfolio | 162.2k $504.3k | Added +12.2k |
| GUGGENHEIM CAPITAL LLC 0.00% of their portfolio | 158.2k $492.1k | Reduced -310.6k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 157.5k $490.0k | Reduced -3.4k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.06% of their portfolio | 155.6k $484.0k | Reduced -42.2k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 134.1k $417.0k | Reduced -22.5k |
| ROBINSON CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 129.1k $386.0k | Unchanged |
| Claybrook Capital, LLC 0.23% of their portfolio | 126.9k $394.7k | Unchanged |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 121.7k $378.6k | Reduced -16.2k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 114.3k $355.5k | Added +2.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 110.0k $342.0k | Added +27.3k |
| Shaker Financial Services, LLC 0.16% of their portfolio | 109.0k $342.6k | Added +38.8k |
| Invesco Ltd. 0.00% of their portfolio | 109.0k $338.8k | Added +30.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 91.0k $283.1k | Added +942 |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 90.2k $281.0k | Reduced -23.0k |
| B. Riley Wealth Advisors, Inc. 0.01% of their portfolio | 80.1k $251.9k | Added +570 |
| E&G Advisors, LLC 0.08% of their portfolio | 70.1k $218.0k | Reduced -2.6k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 66.4k $206.0k | Reduced -1.6k |
| UBS Group AG 0.00% of their portfolio | 62.3k $193.8k | Reduced -13.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 60.8k $189.2k | Added +2.4k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 59.6k $185.2k | Added +33.4k |
| Prosperity Financial Group, Inc. 0.15% of their portfolio | 59.0k $183.5k | Reduced -1.8k |
| INTEGRATED CAPITAL MANAGEMENT, INC. 0.15% of their portfolio | 55.4k $172.2k | Added +6.9k |
| Flow State Investments, L.P. 0.06% of their portfolio | 49.3k $153.4k | New |
| WEDBUSH SECURITIES INC 0.01% of their portfolio | 47.4k $147.0k | Added +371 |
| Mariner, LLC 0.00% of their portfolio | 45.4k $141.1k | Added +12.1k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio | 45.0k $139.9k | Added +15.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 44.5k $138.3k | New |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 43.5k $135.3k | Added +11.2k |
| CoreCap Advisors, LLC 0.01% of their portfolio | 42.1k $131.1k | Added +3.0k |
| Joseph P. Lucia & Associates, LLC 0.09% of their portfolio | 40.8k $126.9k | Reduced -12.7k |
| Advisory Services Network, LLC 0.00% of their portfolio | 39.7k $123.4k | Reduced -655 |
| MELFA WEALTH MANAGEMENT, INC. 0.12% of their portfolio | 36.2k $112.6k | Unchanged |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 33.4k $104.0k | Reduced -18.4k |
| Sonora Investment Management Group, LLC 0.01% of their portfolio | 32.7k $101.8k | Reduced -39.8k |
| Garden State Investment Advisory Services LLC 0.04% of their portfolio | 29.8k $92.6k | Added +77 |
| Compound Planning, Inc. 0.03% of their portfolio | 29.2k $90.8k | New |
| Bison Wealth, LLC 0.02% of their portfolio | 28.0k $87.0k | Unchanged |
| Cetera Advisors LLC 0.00% of their portfolio | 27.2k $84.5k | Reduced -900 |
| Sheaff Brock Investment Advisors, LLC 0.01% of their portfolio | 27.1k $84.3k | Added +531 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 26.6k $82.7k | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 25.9k $80.5k | Added +2.5k |
| Oxbow Advisors, LLC 0.01% of their portfolio | 23.0k $71.5k | Unchanged |
| AXXCESS WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 22.9k $71.3k | New |
| SVB WEALTH LLC 0.00% of their portfolio | 22.1k $68.7k | Unchanged |
| Venture Visionary Partners LLC 0.00% of their portfolio | 22.0k $68.6k | Added +350 |
| Laird Norton Wetherby Wealth Management, LLC 0.00% of their portfolio | 21.9k $68.2k | Unchanged |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 21.9k $68.0k | Added +3.4k |
| MGO ONE SEVEN LLC 0.01% of their portfolio | 20.7k $64.2k | Added +4.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 19.8k $61.7k | New |
| Institute for Wealth Management, LLC. 0.01% of their portfolio | 19.7k $61.3k | Reduced -500 |
| Elequin Capital, LP 0.01% of their portfolio | 19.0k $59.2k | Reduced -27.1k |
| HighTower Advisors, LLC 0.00% of their portfolio | 18.1k $56.0k | Added +2.1k |
| TNF LLC 0.02% of their portfolio | 17.7k $52.3k | Reduced -1.2k |
| RDA Financial Network 0.02% of their portfolio | 17.4k $54.1k | Reduced -300 |
| Good Life Advisors, LLC 0.01% of their portfolio | 16.7k $52.0k | Unchanged |
| Pinnacle Wealth Planning Services, Inc. 0.01% of their portfolio | 16.2k $50.4k | Added +4.0k |
| ELCO Management Co., LLC 0.03% of their portfolio | 13.0k $40.4k | Unchanged |
| Capital Investment Advisors, LLC 0.00% of their portfolio | 12.8k $39.7k | New |
| Graves Light Lenhart Wealth, Inc. 0.00% of their portfolio | 12.0k $36.3k | Unchanged |
| CENTAURUS FINANCIAL, INC. 0.00% of their portfolio | 11.7k $36.0k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 11.7k $36.3k | New |
| Walleye Capital LLC 0.00% of their portfolio | 11.6k $36.0k | Reduced -60.7k |
| 180 WEALTH ADVISORS, LLC 0.01% of their portfolio | 11.0k $34.2k | Unchanged |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.01% of their portfolio | 10.3k $32.2k | Added +96 |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio | 4.0k $12.4k | Reduced -500 |
| FNY Investment Advisers, LLC 0.01% of their portfolio | 3.0k $9.0k | Unchanged |
| PEOPLES FINANCIAL SERVICES CORP. 0.00% of their portfolio | 2.8k $8.8k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 1.2k $3.6k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 800 $2.5k | Unchanged |
| FinTrust Capital Advisors, LLC 0.00% of their portfolio | 300 $933 | Unchanged |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 267 $1.0k | New |
| Global Wealth Management Investment Advisory, Inc. 0.00% of their portfolio | 100 $311 | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 13 $40 | Unchanged |
| ST GERMAIN D J CO INC 0.00% of their portfolio | 12 $37 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |