Vault-13

VIRTUS EQUITY & CONV INCM FD XNIEX

COM · Closed-End Fund · CUSIP 92841M101

94 institutional holders +7 vs Q1 2026
7,560,6807.6m shares reported held*
$202.5mreported value*
13 new 40 added 23 reduced 5 sold out net bought ≈ $11.9m (+444.6k 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 ≈ $26.79.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 72Q4 22: 71Q1 23: 68Q2 23: 74Q3 23: 71Q4 23: 82Q1 24: 83Q2 24: 79Q3 24: 83Q4 24: 85Q1 25: 79Q2 25: 88Q3 25: 96Q4 25: 90Q1 26: 87Q2 26: 9494Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202272
Q4 202271
Q1 202368
Q2 202374
Q3 202371
Q4 202382
Q1 202483
Q2 202479
Q3 202483
Q4 202485
Q1 202579
Q2 202588
Q3 202596
Q4 202590
Q1 202687
Q2 202694

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 43 bought or addedQ3 24: 28 cut or sold outQ4 24: 34 bought or addedQ4 24: 37 cut or sold outQ4 24Q1 25: 32 bought or addedQ1 25: 44 cut or sold outQ2 25: 45 bought or addedQ2 25: 29 cut or sold outQ2 25Q3 25: 44 bought or addedQ3 25: 31 cut or sold outQ4 25: 40 bought or addedQ4 25: 34 cut or sold outQ4 25Q1 26: 41 bought or addedQ1 26: 35 cut or sold outQ2 26: 53 bought or addedQ2 26: 28 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20244328
Q4 20243437
Q1 20253244
Q2 20254529
Q3 20254431
Q4 20254034
Q1 20264135
Q2 20265328

Biggest buyers

Saba Capital Management, L.P. Added +114,537+114.5k
Cambridge Investment Research Advisors, Inc. Added +66,452+66.5k
LPL Financial LLC Added +52,773+52.8k
Allspring Global Investments Holdings, LLC Added +48,719+48.7k
Logan Stone Capital, LLC New +43,459+43.5k
RAYMOND JAMES FINANCIAL INC Added +26,605+26.6k
D.A. DAVIDSON & CO. Added +24,456+24.5k
GUGGENHEIM CAPITAL LLC Added +23,832+23.8k
Miller Financial Services LLC New +23,200+23.2k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +20,269+20.3k

Biggest sellers

Shaker Financial Services, LLC Reduced -31,938-31.9k
WOLVERINE ASSET MANAGEMENT LLC Reduced -24,389-24.4k
Advisors Asset Management, Inc. Reduced -18,182-18.2k
Cetera Investment Advisers Reduced -15,795-15.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -15,785-15.8k
ROYAL BANK OF CANADA Reduced -14,959-15.0k
MORGAN STANLEY Reduced -13,043-13.0k
Hennion & Walsh Asset Management, Inc. Sold out -10,171-10.2k
Global Assets Advisory, LLC Sold out -10,000-10.0k
AMERIPRISE FINANCIAL INC Reduced -8,466-8.5k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 970,804970.8k $26.1m $26.1m 0.00% Added +19.6k +19,616
2 Advisors Asset Management, Inc. 0.27% of their portfolio Monument, CO 663,531663.5k $17.8m $17.8m 0.27% Reduced -18.2k -18,182
3 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 560,208560.2k $15.0m $15.0m 0.00% Reduced -15.0k -14,959
4 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 546,758546.8k $14.7m $14.7m 0.00% Added +26.6k +26,605
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 508,646508.6k $13.7m $13.7m 0.00% Reduced -13.0k -13,043
6 GUGGENHEIM CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 487,072487.1k $13.1m $13.1m 0.08% Added +23.8k +23,832
7 Saba Capital Management, L.P. 0.39% of their portfolio NEW YORK, NY 475,853475.9k $12.8m $12.8m 0.39% Added +114.5k +114,537
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 343,482343.5k $9.2m $9.2m 0.00% Added +52.8k +52,773
9 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 277,185277.2k $7.4m $7.4m 0.01% Added +20.3k +20,269
10 SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC 1.16% of their portfolio MINNEAPOLIS, MN 226,836226.8k $6.1m $6.1m 1.16% Added +8.1k +8,118
11 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 146,492146.5k $3.9m $3.9m 0.00% Added +66.5k +66,452
12 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 138,527138.5k $3.7m $3.7m 0.00% Added +16.3k +16,300
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 129,761129.8k $3.5m $3.5m 0.00% Reduced -1.5k -1,510
14 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 128,831128.8k $3.5m $3.5m 0.01% Added +48.7k +48,719
15 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 121,832121.8k $3.3m $3.3m 0.00% Added +2.7k +2,738
16 World Investment Advisors 0.04% of their portfolio LINCROFT, NJ 114,410114.4k $2.7m $2.7m 0.04% Reduced -3.4k -3,449
17 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 103,773103.8k $2.8m $2.8m 0.02% Added +24.5k +24,456
18 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 93,57893.6k $2.5m $2.5m 0.00% Added +16.3k +16,265
19 EVOLVE PRIVATE WEALTH, LLC 0.12% of their portfolio LOS ANGELES, CA 74,88174.9k $2.0m $2.0m 0.12% Reduced -4.7k -4,746
20 OxenFree Capital LLC 0.88% of their portfolio MELBOURNE, FL 72,79872.8k $1.9m $1.9m 0.88% Added +7.6k +7,574
21 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 66,99767.0k $1.8m $1.8m 0.02% Reduced -24.4k -24,389
22 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 65,89165.9k $1.8m $1.8m 0.01% Added +5.6k +5,579
23 Capital Investment Advisors, LLC 0.02% of their portfolio ATLANTA, GA 54,92354.9k $1.5m $1.5m 0.02% Reduced -809 -809
24 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 51,30851.3k $1.4m $1.4m 0.00% Added +3.4k +3,420
25 Keystone Financial Group 0.08% of their portfolio LEXINGTON, KY 47,81247.8k $1.3m $1.3m 0.08% Added +1.1k +1,070
26 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 46,21146.2k $1.2m $1.2m 0.00% Reduced -1.9k -1,921
27 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 44,33144.3k $1.2m $1.2m 0.00% Added +10.5k +10,543
28 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 43,55443.6k $1.2m $1.2m 0.01% Added +575 +575
29 Logan Stone Capital, LLC 0.25% of their portfolio CHICAGO, IL 43,45943.5k $1.2m $1.2m 0.25% New
30 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 40,46540.5k $1.1m $1.1m 0.00% Added +2.1k +2,124
31 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 39,85039.9k $1.1m $1.1m 0.00% Unchanged
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 35,70535.7k $959.0k $959.0k 0.00% Reduced -8.5k -8,466
33 Stolper Co 0.24% of their portfolio TULSA, OK 34,45534.5k $925.0k $925.0k 0.24% Reduced -3.3k -3,270
34 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 33,20033.2k $891.7k $891.7k 0.01% Reduced -42 -42
35 PMG Family Office LLC 0.80% of their portfolio PLANO, TX 32,39232.4k $870.0k $870.0k 0.80% Added +645 +645
36 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 31,00431.0k $832.8k $832.8k 0.00% Reduced -250 -250
37 Cornerstone Wealth Management, LLC 0.03% of their portfolio ST. PETERS, MO 30,30730.3k $814.0k $814.0k 0.03% Added +2.5k +2,497
38 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 29,31229.3k $787.3k $787.3k 0.00% Reduced -3.0k -3,015
39 ROTHSCHILD INVESTMENT LLC 0.03% of their portfolio CHICAGO, IL 28,99129.0k $778.7k $778.7k 0.03% Unchanged
40 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 28,15028.1k $756.1k $756.1k 0.00% Reduced -496 -496
41 David J Yvars Group 0.34% of their portfolio UNIVERSITY PARK, FL 25,69925.7k $690.3k $690.3k 0.34% Added +5.0k +5,045
42 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 25,60025.6k $687.7k $687.7k 0.02% Added +439 +439
43 WEDBUSH SECURITIES INC 0.02% of their portfolio PASADENA, CA 25,54625.5k $686.0k $686.0k 0.02% Added +9 +9
44 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 24,27424.3k $652.0k $652.0k 0.01% Added +323 +323
45 Miller Financial Services LLC 0.50% of their portfolio MARSHALL, MI 23,20023.2k $623.2k $623.2k 0.50% New
46 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.07% of their portfolio BLUE BELL, PA 21,54821.5k $578.8k $578.8k 0.07% Added +11.5k +11,491
47 Centurion Wealth Management LLC 0.14% of their portfolio Mclean, VA 21,50921.5k $577.7k $577.7k 0.14% Unchanged
48 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 19,57919.6k $525.9k $525.9k 0.00% Reduced -466 -466
49 READYSTATE ASSET MANAGEMENT LP 0.02% of their portfolio CHICAGO, IL 17,59417.6k $472.6k $472.6k 0.02% New
50 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 17,30517.3k $464.8k $464.8k 0.00% Reduced -1.6k -1,594
51 Brick & Kyle, Associates 0.13% of their portfolio NEWTOWN, PA 16,24016.2k $379.4k $379.4k 0.13% Unchanged
52 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 15,11815.1k $406.1k $406.1k 0.02% Added +54 +54
53 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 14,45214.5k $388.2k $388.2k 0.00% Unchanged
54 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 14,38114.4k $386.3k $386.3k 0.00% Reduced -15.8k -15,795
55 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 14,33914.3k $385.0k $385.0k 0.00% Added +142 +142
56 CSS LLC/IL 0.02% of their portfolio CHICAGO, IL 14,06814.1k $377.9k $377.9k 0.02% Added +100 +100
57 Kovack Advisors, Inc. 0.02% of their portfolio FT. LAUDERDALE, FL 13,87813.9k $371.4k $371.4k 0.02% Added +923 +923
58 Institute for Wealth Management, LLC. 0.03% of their portfolio DENVER, CO 13,77813.8k $370.1k $370.1k 0.03% Added +29 +29
59 Shaker Financial Services, LLC 0.11% of their portfolio Arlington, VA 13,42113.4k $360.5k $360.5k 0.11% Reduced -31.9k -31,938
60 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 12,59612.6k $338.3k $338.3k 0.00% New
61 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 11,85011.8k $318.3k $318.3k 0.00% Unchanged
62 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio ORLANDO, FL 11,61011.6k $310.7k $310.7k 0.02% Reduced -925 -925
63 SMH CAPITAL ADVISORS INC 1.16% of their portfolio FORT WORTH, TX 10,99811.0k $295.4k $295.4k 1.16% Added +209 +209
64 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,13310.1k $272.2k $272.2k 0.00% Reduced -15.8k -15,785
65 Joel Isaacson & Co., LLC 0.01% of their portfolio NEW YORK, NY 10,00010.0k $268.6k $268.6k 0.01% Unchanged
66 Huntleigh Advisors, Inc. 0.04% of their portfolio ST. LOUIS, MO 9,5959.6k $257.7k $257.7k 0.04% Added +75 +75
67 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.03% of their portfolio CONCORD, MA 9,3629.4k $251.5k $251.5k 0.03% Added +794 +794
68 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 9,3119.3k $250.1k $250.1k 0.00% Unchanged
69 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 8,9158.9k $239.5k $239.5k 0.00% Added +79 +79
70 DAYMARK WEALTH PARTNERS, LLC 0.01% of their portfolio CINCINNATI, OH 8,6618.7k $232.6k $232.6k 0.01% Reduced -1.0k -1,000
71 Arkadios Wealth Advisors 0.00% of their portfolio ATLANTA, GA 8,5948.6k $230.8k $230.8k 0.00% New
72 SILVERLAKE WEALTH MANAGEMENT LLC 0.04% of their portfolio WILLISTON, VT 8,1638.2k $219.3k $219.3k 0.04% New
73 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 8,0948.1k $217.4k $217.4k 0.00% Unchanged
74 Graves Light Lenhart Wealth, Inc. 0.02% of their portfolio HARRISONBURG, VA 7,8677.9k $211.3k $211.3k 0.02% New
75 Mariner, LLC 0.00% of their portfolio Overland Park, KS 7,8517.9k $210.9k $210.9k 0.00% New
76 Laird Norton Wetherby Trust Company, LLC 0.00% of their portfolio Seattle, WA 7,8207.8k $210.0k $210.0k 0.00% New
77 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 7,5547.6k $202.9k $202.9k 0.00% Added +47 +47
78 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 4,5694.6k $122.7k $122.7k 0.00% Unchanged
79 WOLFF WIESE MAGANA LLC 0.05% of their portfolio CARSLBAD, CA 4,2484.2k $114.1k $114.1k 0.05% Unchanged
80 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,1354.1k $111.1k $111.1k 0.00% Unchanged
81 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 3,0043.0k $80.7k $80.7k 0.00% Unchanged
82 Westfuller Advisors, LLC 0.02% of their portfolio New York, NY 2,2902.3k $61.5k $61.5k 0.02% Added +50 +50
83 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,4841.5k $39.5k $39.5k 0.00% Added +1.2k +1,179
84 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,3001.3k $34.9k $34.9k 0.00% Unchanged
85 EASTERN BANK 0.00% of their portfolio BOSTON, MA 1,2981.3k $34.9k $34.9k 0.00% Unchanged
86 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,1721.2k $31.5k $31.5k 0.00% Unchanged
87 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,1251.1k $30.2k $30.2k 0.00% Unchanged
88 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 700700 $18.8k $18.8k 0.00% New
89 Cape Investment Advisory, Inc. 0.00% of their portfolio MCDONOUGH, GA 435435 $11.7k $11.7k 0.00% New
90 Westside Investment Management, Inc. 0.00% of their portfolio SANTA MONICA, CA 350350 $9.4k $9.4k 0.00% Unchanged
91 Strengthening Families & Communities, LLC 0.00% of their portfolio BOSTON, MA 195195 $5.2k $5.2k 0.00% Added +5 +5
92 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 150150 $4.0k $4.0k 0.00% Reduced -221 -221
93 FMR LLC 0.00% of their portfolio BOSTON, MA 141141 $3.8k $3.8k 0.00% New
94 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 66 $154 $154 0.00% New