Who Owns Virtus Convertible & Income Fund II Stock?
NYSE: NCZFinanceFinance CompaniesUSD
Market open · Delayed 15 min · as of Oct 9, 11:38 AM ET
Ownership breakdown
- Held by institutions
- 40.49%
- Held by insiders
- 0.00%
- Institutional holders
- 66
- Institutions 40.5%
- Insiders 0.0%
- Public and other 59.5%
Who owns Virtus Convertible & Income Fund II stock?
Institutional investors own about 40.5% of Virtus Convertible & Income Fund II's shares, spread across 66 institutions that file 13F reports. That level of institutional ownership is moderate. Insiders, including executives, directors and large founding shareholders, hold 0.00% of NCZ.
The largest institutional holders are Morgan Stanley (15.01%), Advisors Asset Management, Inc. (6.81%) and Congress Park Capital LLC (2.85%). Together, the top 10 institutions control 35.0% of shares outstanding. In their latest filings, 7 of the top 10 institutions increased their NCZ positions and 2 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of NCZ
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Morgan Stanley | 2.86M | 15.01% | -2.4% |
| Advisors Asset Management, Inc. | 1.30M | 6.81% | +18.6% |
| Congress Park Capital LLC | 542.94K | 2.85% | +1.3% |
| Guggenheim Capital, LLC | 370.13K | 1.95% | +39.6% |
| Penserra Capital Management LLC | 351.41K | 1.85% | +4.0% |
| Envestnet Asset Management Inc. | 330.02K | 1.73% | +271.5% |
| LPL Financial LLC | 303.71K | 1.60% | -2.1% |
| Cohen & Steers Inc. | 285.04K | 1.50% | 0.0% |
| Herzfeld (Thomas J.) Advisors, Inc | 205.87K | 1.08% | +100.0% |
| Osaic Holdings Inc. | 109.57K | 0.58% | +44.4% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of NCZ
| Fund | Shares | % Held |
|---|---|---|
| Amplify ETF Trust-Amplify CEF High Income ETF | 349.73K | 1.84% |
| Exchange Listed Funds Trust-Saba Closed-End Funds ETF | 43.83K | 0.23% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 134 | 0.00% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 48 | 0.00% |
Frequently asked questions
Who is the largest shareholder of Virtus Convertible & Income Fund II?
Morgan Stanley is the largest institutional shareholder of NCZ, owning 15.01% of shares outstanding (2.86M shares) as of its latest 13F filing.
What percentage of Virtus Convertible & Income Fund II is owned by institutions?
Institutions own about 40.5% of NCZ shares and 40.5% of the public float.
How much of Virtus Convertible & Income Fund II do insiders own?
Insiders, such as officers and directors, own about 0.00% of NCZ shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.