VIRTUS DIVERSIFIED INCM & CO ACV
COM · Closed-End Fund · CUSIP 92840N100
28
institutional holders
-5 vs Q1 2023
1.7m
shares reported held*
$34.5mreported value*
2 new
10 added
8 reduced
6 sold out
net bought ≈ $1.4m (+69.5k 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 ≈ $19.99.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 31 |
| Q4 2022 | 32 |
| Q1 2023 | 33 |
| Q2 2023 | 28 |
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 | 16 | 14 |
| Q1 2023 | 19 | 13 |
| Q2 2023 | 12 | 14 |
Biggest buyers
| WELLS FARGO & COMPANY/MN | Added | +76.9k |
| Cornerstone Advisors, LLC | New | +62.3k |
| GUGGENHEIM CAPITAL LLC | Added | +40.3k |
| LPL Financial LLC | Added | +22.8k |
| WOLVERINE ASSET MANAGEMENT LLC | Added | +19.5k |
| Shaker Financial Services, LLC | Added | +18.5k |
| OSAIC HOLDINGS, INC. | Added | +8.9k |
| ROYAL BANK OF CANADA | Added | +5.3k |
| B. Riley Wealth Advisors, Inc. | Added | +1.1k |
| Steward Partners Investment Advisory, LLC | Added | +1.0k |
Biggest sellers
| Advisors Asset Management, Inc. | Reduced | -81.8k |
| UBS Group AG | Reduced | -16.2k |
| Hennion & Walsh Asset Management, Inc. | Reduced | -16.1k |
| MORGAN STANLEY | Reduced | -15.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -14.8k |
| RAYMOND JAMES & ASSOCIATES | Reduced | -12.8k |
| Atria Wealth Solutions, Inc. | Sold out | -10.6k |
| STIFEL FINANCIAL CORP | Reduced | -8.8k |
| Advisory Services Network, LLC | Sold out | -4.0k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Sold out | -2.1k |
Insider purchases and sales in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $75.0k | 0 | — | — |
| Q1 2022 | 2 | $15.7k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 461.1k $9.2m | Added +76.9k |
| GUGGENHEIM CAPITAL LLC 0.04% of their portfolio | 256.7k $5.1m | Added +40.3k |
| LPL Financial LLC 0.00% of their portfolio | 210.4k $4.2m | Added +22.8k |
| Advisors Asset Management, Inc. 0.07% of their portfolio | 164.3k $3.3m | Reduced -81.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 92.4k $1.8m | Reduced -14.8k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 89.5k $1.8m | Reduced -12.8k |
| MORGAN STANLEY 0.00% of their portfolio | 74.1k $1.5m | Reduced -15.6k |
| Cornerstone Advisors, LLC 0.06% of their portfolio | 62.3k $1.2m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 54.0k $1.1m | Added +5.3k |
| Shaker Financial Services, LLC 0.33% of their portfolio | 37.6k $758.8k | Added +18.5k |
| DAVENPORT & Co LLC 0.01% of their portfolio | 35.6k $711.3k | Reduced -1.7k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 31.1k $622.3k | Added +8.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 28.6k $571.4k | Reduced -8.8k |
| Hennion & Walsh Asset Management, Inc. 0.03% of their portfolio | 26.4k $528.0k | Reduced -16.1k |
| WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio | 21.9k $437.5k | Added +19.5k |
| B. Riley Wealth Advisors, Inc. 0.01% of their portfolio | 21.7k $437.5k | Added +1.1k |
| UBS Group AG 0.00% of their portfolio | 17.9k $357.9k | Reduced -16.2k |
| MCDONALD PARTNERS LLC 0.09% of their portfolio | 14.0k $279.7k | Unchanged |
| RVW Wealth, LLC 0.03% of their portfolio | 12.1k $241.8k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 4.2k $84.8k | Added +9 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 3.2k $63.9k | Added +1.0k |
| BALDWIN WEALTH PARTNERS LLC/MA 0.00% of their portfolio | 2.0k $40.0k | Unchanged |
| Glassman Wealth Services 0.00% of their portfolio | 1.5k $29.5k | Unchanged |
| FNY Investment Advisers, LLC 0.03% of their portfolio | 1.2k $23.0k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 834 $16.7k | New |
| Sunbelt Securities, Inc. 0.00% of their portfolio | 660 $13.2k | Unchanged |
| MONTAG A & ASSOCIATES INC 0.00% of their portfolio | 229 $4.6k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |