Who Owns Virtus Equity & Convertible Income Fund Stock?
NYSE: NIEFinanceInvestment ManagersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 27.71%
- Held by insiders
- 0.00%
- Institutional holders
- 100
- Institutions 27.7%
- Insiders 0.0%
- Public and other 72.3%
Who owns Virtus Equity & Convertible Income Fund stock?
Institutional investors own about 27.7% of Virtus Equity & Convertible Income Fund's shares, spread across 100 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 0.00% of NIE.
The largest institutional holders are Wells Fargo & Company (3.50%), Advisors Asset Management, Inc. (2.39%) and Royal Bank of Canada (2.02%). Together, the top 10 institutions control 18.3% of shares outstanding. In their latest filings, 7 of the top 10 institutions increased their NIE positions and 3 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of NIE
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Wells Fargo & Company | 970.80K | 3.50% | +2.1% |
| Advisors Asset Management, Inc. | 663.53K | 2.39% | -2.7% |
| Royal Bank of Canada | 560.21K | 2.02% | -2.6% |
| Raymond James Financial, Inc. | 546.76K | 1.97% | +5.1% |
| Morgan Stanley | 508.65K | 1.84% | -2.5% |
| Guggenheim Capital, LLC | 487.07K | 1.76% | +5.1% |
| Saba Capital Management, L.P. | 475.85K | 1.72% | +31.7% |
| LPL Financial LLC | 343.48K | 1.24% | +18.1% |
| Wealth Enhancement Advisory Services, LLC | 277.19K | 1.00% | +7.9% |
| Schwarz Dygos Wheeler Investment Advisors LLC | 226.84K | 0.82% | +3.7% |
% 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 NIE
| Fund | Shares | % Held |
|---|---|---|
| Exchange Listed Funds Trust-Saba Closed-End Funds ETF | 178.32K | 0.64% |
| Calamos ETF Trust-Calamos CEF Income & Arbitrage ETF | 52.45K | 0.19% |
| First TRT Exch-Trd Fd. VIII-First TRT Income Opportunities ETF | 40.08K | 0.14% |
| Thrivent Mutual Funds-Thrivent Multisector Bond Fund | 11.85K | 0.04% |
| Thrivent Mutual Funds-Thrivent Conservative Allocation Fund | 4.75K | 0.02% |
| Thrivent Series Fund, Inc.-Thrivent Conservative Allocation Portfolio | 2.97K | 0.01% |
| Thrivent Series Fund, Inc.-Thrivent Multisector Bond Portfolio | 2.36K | 0.01% |
| Thrivent Mutual Funds-Thrivent Dynamic Allocation Fund | 1.57K | 0.01% |
| Thrivent Series Fund, Inc.-Thrivent Dynamic Allocation Portfolio | 1.30K | 0.00% |
Frequently asked questions
Who is the largest shareholder of Virtus Equity & Convertible Income Fund?
Wells Fargo & Company is the largest institutional shareholder of NIE, owning 3.50% of shares outstanding (970.80K shares) as of its latest 13F filing.
What percentage of Virtus Equity & Convertible Income Fund is owned by institutions?
Institutions own about 27.7% of NIE shares and 27.7% of the public float.
How much of Virtus Equity & Convertible Income Fund do insiders own?
Insiders, such as officers and directors, own about 0.00% of NIE 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.