Virtus Equity & Convertible Income Fund
NIE • XNYS
Virtus Equity & Convertible Income Fund is a publicly traded company on XNYS. As of Q3 2025, 83 institutional investors hold shares in this company, with total holdings valued at $160.0M. WELLS FARGO & COMPANY/MN is the largest holder with a position valued at $25.8M.
Overview
Overview of institutional ownership in NIE as of Q3 2025
All Institutions
- Institutions
- 83
- Value Held
- $160.0M
- Shares Held
- 6.4M
- Avg Position
- $1.9M
- Median Position
- $414.7K
Hedge Funds
- Hedge Funds
- 4
- Value Held
- $5.5M
- Shares Held
- 219.2K
- Avg Position
- $1.4M
- Median Position
- $493.3K
Biggest Investors
Institutions with the largest positions in NIE as of Q3 2025
| Institution | Position Value |
|---|---|
 WELLS FARGO & COMPANY/MN Institution | $25.8M 0.01% of portfolio |
 Advisors Asset Management, Inc. ETF Provider | $21.6M 0.37% of portfolio |
 MORGAN STANLEY RIA/Wealth | $13.5M 0.00% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $11.7M 0.00% of portfolio |
G GUGGENHEIM CAPITAL LLC Institution | $10.6M 0.08% of portfolio |
$10.0M 0.02% of portfolio | |
C Cornerstone Advisors, LLC Institution | $5.6M 0.19% of portfolio |
$5.4M 1.13% of portfolio | |
L LPL Financial LLC Institution | $5.3M 0.00% of portfolio |
 UBS Group AG Institution | $4.3M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for NIE in Q3 2025
- Traded
- +$4.3M
- Buyers
- 41
- Sellers
- 25
- Total Bought
- +$11.5M
- Total Sold
- −$7.1M
- Avg Position
- $1.9M
Biggest Buyers
| Institution | Net Bought |
|---|---|
C Cornerstone Advisors, LLC Institution | +$2.8M +110.8K shares |
 Pensionmark Financial Group, LLC Pension/Endowment | +$2.4M +97.1K shares |
D DAVIDSON D A & CO Institution | +$1.1M +44.9K shares |
 Allspring Global Investments Holdings, LLC Long Only Manager | +$689.4K +27.5K shares |
L LPL Financial LLC Institution | +$576.9K +23.0K shares |
WELLS FARGO & COMPANY/MN Institution | +$438.5K +17.5K shares |
C CSS LLC/IL Institution | +$414.7K +16.5K shares |
 Calamos Advisors LLC Long Only Manager | +$407.6K +16.2K shares |
+$265.2K +10.5K shares | |
 Joel Isaacson & Co., LLC RIA/Wealth | +$251.1K +- shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
Advisors Asset Management, Inc. ETF Provider | −$3.4M −134.5K shares |
MORGAN STANLEY RIA/Wealth | −$884.1K −35.2K shares |
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy | −$759.0K −30.2K shares |
O OxenFree Capital LLC RIA/Wealth | −$410.4K −16.1K shares |
G GUGGENHEIM CAPITAL LLC Institution | −$252.9K −10.1K shares |
 Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | −$234.5K −9.8K shares |
 Baird Financial Group, Inc. Private Equity | −$186.1K −7.4K shares |
 Invesco Ltd. ETF Provider | −$180.4K −7.2K shares |
 BANK OF AMERICA CORP /DE/ Institution | −$154.8K −6.2K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$144.9K −5.8K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited NIE in Q3 2025
- New Positions
- 6
- New Value
- $3.8M
- Exited Positions
- 3
- Exited Value
- $335.5K
New Positions
| Institution | Position Value |
|---|---|
Pensionmark Financial Group, LLC Pension/Endowment | $2.4M 97.1K shares |
C CSS LLC/IL Institution | $414.7K 16.5K shares |
Calamos Advisors LLC Long Only Manager | $407.6K 16.2K shares |
Joel Isaacson & Co., LLC RIA/Wealth | $251.1K 10.0K shares |
J J.W. COLE ADVISORS, INC. Institution | $201.6K 8.0K shares |
 Westfuller Advisors, LLC RIA/Wealth | $52.9K 2.1K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | $234.5K 9.8K shares |
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution | $61.6K 2.6K shares |
 Spire Wealth Management RIA/Wealth | $39.4K 1.7K shares |
Options Activity
Institutions with the largest Call and Put options positions in NIE as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with NIE as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
1.13% $5.4M | |
 SMH CAPITAL ADVISORS INC RIA/Wealth | 1.10% $277.2K |
 Shaker Financial Services, LLC RIA/Wealth | 0.91% $2.6M |
O OxenFree Capital LLC RIA/Wealth | 0.79% $1.4M |
Advisors Asset Management, Inc. ETF Provider | 0.37% $21.6M |
 WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | 0.28% $4.2M |
D David J Yvars Group Institution | 0.24% $440.0K |
C Cornerstone Advisors, LLC Institution | 0.19% $5.6M |
C Centurion Wealth Management LLC Institution | 0.12% $540.1K |
 Keystone Financial Group RIA/Wealth | 0.09% $1.2M |
Hedge Fund Spotlight
Discover hedge funds investing in NIE
WOLVERINE ASSET MANAGEMENT LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerChristopher Lazarus Gust
- Portfolio Value
- $1.5B
- Positions
- 859
- Last Reported
- Q3 2025
Sector Allocation
Position in Virtus Equity & Convertible Income Fund
- Market Value
- $4.2M
- Shares Held
- 165.5K
- Portfolio Weight
- 0.28%
- Owned Since
- 2024-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Medical - Healthcare Information Services Healthcare | $56.2M | 3.82% | |
ETF ETF | $36.0M | 2.45% | |
Unknown Unknown | $26.9M | 1.83% |
