NIE · Virtus Equity & Convertible Income Fund

$25.92 +0.02 (+0.08%) At close · Aug 26

Market Cap

$717.25M

27.71M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Quarter:

Holders: 94

Total Value: $201,112,433

Total Shares: 7,487,434

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 94 13F filers · Δ vs Mar 31, 2026

Top Holder

13.0%

−0.4 pts

Top 5

43.4%

−2.3 pts

Top 10

67.6%

−0.6 pts

HHI

558

Broadly held−23

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +8

Institutional value: +21.2%

Shares held: +5.3%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mid Saba Capital Management, L.P.	+114,537	475,853
Mega LPL Financial LLC	+52,773	343,482
Large Allspring Global Investments Holdings, LLC	+48,719	128,831
Mega RAYMOND JAMES FINANCIAL INC	+26,605	546,758
Mid D.A. DAVIDSON & CO.	+24,456	103,773

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Small Shaker Financial Services, LLC	−31,938	13,421
Mid WOLVERINE ASSET MANAGEMENT LLC	−24,389	66,997
Mid Advisors Asset Management, Inc.	−18,182	663,531
Large Cetera Investment Advisers	−15,795	14,381
Mega ENVESTNET ASSET MANAGEMENT INC	−15,785	10,133

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Small Logan Stone Capital, LLC	43,459	$1,167,308
Micro Miller Financial Services LLC	23,200	$623,152
Large READYSTATE ASSET MANAGEMENT LP	17,594	$472,574
Mid XTX Topco Ltd	12,596	$338,328
Mid Arkadios Wealth Advisors	8,594	$230,834

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Mid Hennion & Walsh Asset Management, Inc.	10,171	$237,594
Small Global Assets Advisory, LLC	10,000	$233,600
Large CWM, LLC	3,342	$78,069
Large MAI Capital Management	2,976	$69,519
Mid Advisory Services Network, LLC	65	$1,518

Filter: New 13 Increased 39 Reduced 24 Sold out 5 Unchanged 18

Showing 94 of 94

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

WELLS FARGO & COMPANY/MN

$26,075,794

12.97%

970,804

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	215,152	$5,778,982	22.2%	Defined
WELLS FARGO CLEARING SERVICES, LLC	755,652	$20,296,812	77.8%	Defined

Advisors Asset Management, Inc.

$17,822,442

8.86%

663,531

ROYAL BANK OF CANADA

$15,047,186

7.48%

560,208

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	560,208	$15,047,186	100.0%	Defined

RAYMOND JAMES FINANCIAL INC

$14,685,918

7.30%

546,758

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	258,265	$6,936,997	47.2%	Defined
Raymond James Financial Services Advisors, Inc.	274,724	$7,379,086	50.2%	Defined
RAYMOND JAMES TRUST N.A.	13,769	$369,835	2.5%	Defined

MORGAN STANLEY

$13,662,230

6.79%

508,646

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY CAPITAL SERVICES, LLC	10,879	$292,209	2.1%	Defined
MORGAN STANLEY SMITH BARNEY LLC	497,767	$13,370,021	97.9%	Defined

GUGGENHEIM CAPITAL LLC

$13,082,753

6.51%

487,072

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GUGGENHEIM FUNDS DISTRIBUTORS, LLC	487,072	$13,082,753	100.0%	Defined

Saba Capital Management, L.P.

$12,781,411

6.36%

475,853

LPL Financial LLC

$9,225,926

4.59%

343,482

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

$7,445,189

3.70%

277,185

SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC

$6,092,814

3.03%

226,836

Invesco Ltd.

$3,720,835

1.85%

138,527

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Investment Advisers LLC	138,527	$3,720,835	100.0%	Defined

UBS Group AG

$3,485,380

1.73%

129,761

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	129,499	$3,478,343	99.8%	Defined
UBS Securities LLC	262	$7,037	0.2%	Defined

Allspring Global Investments Holdings, LLC

$3,460,400

1.72%

128,831

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Allspring Global Investments, LLC reporting on behalf of UBS ASSET MANAGEMENT AMERICAS INC	128,831	$3,460,400	100.0%	Defined

BANK OF AMERICA CORP /DE/

$3,272,407

1.63%

121,832

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	121,832	$3,272,407	100.0%	Defined

World Investment Advisors

$3,073,052

1.53%

114,410

D.A. DAVIDSON & CO.

$2,787,342

1.39%

103,773

OSAIC HOLDINGS, INC.

$2,513,505

1.25%

93,578

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	92,578	$2,486,645	98.9%	Defined
Osaic Advisory Services, LLC	1,000	$26,860	1.1%	Defined

EVOLVE PRIVATE WEALTH, LLC

$2,011,303

1.00%

74,881

Cambridge Investment Research Advisors, Inc.

$1,967,387

0.98%

73,246

OxenFree Capital LLC

$1,955,354

0.97%

72,798

WOLVERINE ASSET MANAGEMENT LLC

$1,799,539

0.89%

66,997

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Wolverine Holdings, LLC	66,997	$1,799,539	100.0%	Defined

&PARTNERS

$1,769,832

0.88%

65,891

Capital Investment Advisors, LLC

$1,475,231

0.73%

54,923

Calamos Advisors LLC

$1,378,132

0.69%

51,308

Keystone Financial Group

$1,284,230

0.64%

47,812

COMMONWEALTH EQUITY SERVICES, LLC

$1,241,227

0.62%

46,211

FIRST TRUST ADVISORS LP

$1,190,730

0.59%

44,331

Integrated Wealth Concepts LLC

$1,169,860

0.58%

43,554

Logan Stone Capital, LLC

$1,167,308

0.58%

43,459

Kestra Advisory Services, LLC

$1,086,889

0.54%

40,465

Thrivent Financial for Lutherans

$1,070,370

0.53%

39,850

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Thrivent Asset Management, LLC	18,179	$488,287	45.6%	Defined
Held directly	21,671	$582,083	54.4%	Sole

AMERIPRISE FINANCIAL INC

$959,036

0.48%

35,705

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Ameriprise Financial Services, LLC	35,705	$959,036	100.0%	Defined

Stolper Co

$925,461

0.46%

34,455

Prospera Financial Services Inc

$891,752

0.44%

33,200

PMG Family Office LLC

$870,049

0.43%

32,392

Steward Partners Investment Advisory, LLC

$832,767

0.41%

31,004

Cornerstone Wealth Management, LLC

$814,046

0.40%

30,307

STIFEL FINANCIAL CORP

$787,320

0.39%

29,312

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	29,312	$787,320	100.0%	Defined

ROTHSCHILD INVESTMENT LLC

$778,698

0.39%

28,991

Allworth Financial LP

$756,109

0.38%

28,150

David J Yvars Group

$690,275

0.34%

25,699

LEVEL FOUR ADVISORY SERVICES, LLC

$687,616

0.34%

25,600

WEDBUSH SECURITIES INC

$686,165

0.34%

25,546

Concurrent Investment Advisors, LLC

$651,999

0.32%

24,274

Miller Financial Services LLC

$623,152

0.31%

23,200

BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC

$578,779

0.29%

21,548

Centurion Wealth Management LLC

$577,731

0.29%

21,509

TRUIST FINANCIAL CORP

$525,891

0.26%

19,579

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Truist Advisory Services, Inc.	19,579	$525,891	100.0%	Defined

READYSTATE ASSET MANAGEMENT LP

$472,574

0.23%

17,594

Baird Financial Group, Inc.

$464,812

0.23%

17,305

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Robert W. Baird & Co. Inc	16,305	$437,952	94.2%	Defined
BAIRD TRUST Co	1,000	$26,860	5.8%	Defined

Brick & Kyle, Associates

$436,206

0.22%

16,240

PFG Investments, LLC

$406,069

0.20%

15,118

AQR CAPITAL MANAGEMENT LLC

$388,180

0.19%

14,452

Cetera Investment Advisers

$386,273

0.19%

14,381

Janney Montgomery Scott LLC

$385,145

0.19%

14,339

CSS LLC/IL

$377,866

0.19%

14,068

Kovack Advisors, Inc.

$372,763

0.19%

13,878

Institute for Wealth Management, LLC.

$370,077

0.18%

13,778

Shaker Financial Services, LLC

$360,488

0.18%

13,421

XTX Topco Ltd

$338,328

0.17%

12,596

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	12,596	$338,328	100.0%	Defined

Sanctuary Advisors, LLC

$318,291

0.16%

11,850

INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC

$311,844

0.16%

11,610

SMH CAPITAL ADVISORS INC

$295,406

0.15%

10,998

ENVESTNET ASSET MANAGEMENT INC

$272,172

0.14%

10,133

Joel Isaacson & Co., LLC

$268,600

0.13%

10,000

Huntleigh Advisors, Inc.

$257,721

0.13%

9,595

Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors

$251,463

0.13%

9,362

DAVENPORT & Co LLC

$250,093

0.12%

9,311

OPPENHEIMER & CO INC

$239,456

0.12%

8,915

DAYMARK WEALTH PARTNERS, LLC

$232,634

0.12%

8,661

Arkadios Wealth Advisors

$230,834

0.11%

8,594

SILVERLAKE WEALTH MANAGEMENT LLC

$219,258

0.11%

8,163

FIFTH THIRD BANCORP

$217,404

0.11%

8,094

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fifth Third Bank, National Association	8,094	$217,404	100.0%	Defined

Graves Light Lenhart Wealth, Inc.

$211,307

0.11%

7,867

Mariner, LLC

$210,877

0.10%

7,851

Laird Norton Wetherby Trust Company, LLC

$210,045

0.10%

7,820

NewEdge Advisors, LLC

$202,900

0.10%

7,554

Rockefeller Capital Management L.P.

$122,723

0.06%

4,569

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ROCKEFELLER FINANCIAL LLC	4,569	$122,723	100.0%	Defined

WOLFF WIESE MAGANA LLC

$114,101

0.06%

4,248

US BANCORP \DE\

$111,066

0.06%

4,135

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
US BANK NATIONAL ASSOCIATION	4,135	$111,066	100.0%	Defined

PNC FINANCIAL SERVICES GROUP, INC.

$80,687

0.04%

3,004

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	2,700	$72,522	89.9%	Defined
PNC Wealth Management LLC	304	$8,165	10.1%	Defined

Westfuller Advisors, LLC

$61,509

0.03%

2,290

JPMORGAN CHASE & CO

$39,860

0.02%

1,484

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
55I, LLC	1,484	$39,860	100.0%	Other

CoreCap Advisors, LLC

$34,918

0.02%

1,300

EASTERN BANK

$34,864

0.02%

1,298

Farther Finance Advisors, LLC

$31,479

0.02%

1,172

HARBOUR INVESTMENTS, INC.

$30,217

0.02%

1,125

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO

$18,802

0.01%

700

Cape Investment Advisory, Inc.

$11,684

0.01%

435

Westside Investment Management, Inc.

$9,401

0.00%

350

Strengthening Families & Communities, LLC

$5,237

0.00%

195

HIGHLINE WEALTH PARTNERS LLC

$4,029

0.00%

150

FMR LLC

$3,787

0.00%

141

Russell Investments Group, Ltd.

$161

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Russell Investment Management, LLC	6	$161	100.0%	Defined

Key facts CIK 1383441 CUSIP 92841M101 13F (30d) 72 filings 71 filers