ZTR · Virtus Total Return Fund Inc. · Holdings

$6.57 +0.13 (+2.02%) At close · Oct 26

Market Cap

$324.43M

49.99M

Volume · Oct 26 118.54K Avg daily vol (3M) 120.16K

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.

Use institutional holdings through the 13F API or MCP → See every holder of ZTR: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 93

Total Value: $73,725,437

Total Shares: 10,878,478

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 91 13F filers

Top Holder

17.8%

of institutional value

Top 5

59.1%

of institutional value

Top 10

72.0%

of institutional value

HHI

854

Broadly held

Who Holds ZTR

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 90 filers, like-for-like change +2.3%; actively managed books +2.5%; index-like books -4.6%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	48.0%	53	+4.4%	5	7
Adviser	2.5%	2	-53.1%	0	1
Bank	4.4%	9	+0.1%	1	1
Broker-dealer	15.0%	1	+15.7%	0	0
Holding company	3.4%	3	+0.8%	1	0
Exempt adviser	0.0%	0	—	0	0
Non-US	0.0%	0	—	0	0
Unknown	26.6%	22	+4.0%	5	6

Style	Share	Filers	Change	New	Exited
Index-like	2.6%	1	-4.6%	0	0
Systematic-like	0.4%	1	-26.8%	0	1
Concentrated	7.2%	22	-28.0%	4	4
Diversified active	89.9%	66	+6.2%	8	10
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	57.1%	58	+5.2%	7	9
Medium turnover	37.2%	19	+16.8%	2	0
High turnover	5.0%	4	-54.3%	0	6
Unknown	0.7%	9	+5.1%	3	0
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	2.9%	11	-51.3%	3	3
Medium horizon	4.4%	13	-14.1%	2	2
Long horizon	70.6%	60	-1.6%	6	9
Unknown	22.0%	6	+46.7%	1	1
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	8.6%	30	-31.0%	2	6
$1B to $10B	27.7%	27	+18.6%	7	5
$10B to $100B	30.5%	15	+0.1%	2	2
$100B or more	33.2%	18	+5.2%	1	2
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	12.2%	42	-11.8%	5	4
Pooled investment vehicles	25.7%	6	+30.2%	0	1
Registered funds and BDCs	9.9%	2	-18.8%	0	1
Pension and profit sharing plans	0.2%	2	-0.1%	0	0
Corporations	0.0%	1	0.0%	0	0
Insurance companies	0.0%	0	-100.0%	0	1
Other investment advisers	0.0%	0	—	0	0
Diversified	0.0%	0	—	0	0
Unknown	52.0%	37	+0.4%	7	8

Private funds	Share	Filers	Change	New	Exited
Hedge funds	25.8%	7	+15.0%	0	2
Private equity funds	0.3%	3	-0.9%	0	0
Venture capital funds	0.0%	1	0.0%	0	0
Other private funds	2.0%	3	-3.1%	0	0
Private funds, type not stated	0.2%	1	-3.2%	0	0
No private funds	19.7%	38	-6.1%	5	4
Real estate funds	0.0%	0	-100.0%	0	1
Unknown	52.0%	37	+0.4%	7	8

Location	Share	Filers	Change	New	Exited
United States	99.0%	87	+2.3%	12	15
Outside the US	1.0%	3	-2.0%	0	0

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 2 holders with no observed 2026-03-31 13F and 1 holder with no observed 2026-06-30 13F.

Conviction and Crowding

90 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 0

Holders above 5%

median weight 0.002%

Mar 31, 2026: 0

Crowding

—

no cover-page share count is dated within about a year of the quarter end

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

no cover-page share count is dated within about a year of the quarter end

Top 10 holders

72.1%

of 13F shares, Herfindahl 0.086

Active holders

+2.5%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 14.9 quarters

Under 1 year 23.5% 1 to 3 years 20.8% 3 years or more 55.6% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$6.30

estimated per share

Mar 31, 2026: $6.14

Quarter-end price

$6.83

implied by 13F values

Estimated gain or loss

+8.4%

price against the estimated cost

Estimated at a loss

6.12%

of costed 13F value

Estimated cost covers 56.7% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Fund Ownership of ZTR by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 1.77% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.00%	0.00 pp	0	0
Index ETFs	1.77%	+0.07 pp	884,318	1
Active ETFs	1.56%	+0.78 pp	777,877	1
Active funds	0.05%	+0.05 pp	24,772	1
Unclassified	0.00%	0.00 pp	0	0
All registered funds	3.37%	+0.90 pp	1,686,967	3

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 54 Adviser 2 Bank 9 Broker-dealer 1 Holding company 3 Unknown 24

Showing 93 of 93

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Saba Capital Management, L.P.

$13,226,233

17.94%

1,936,491

LPL Financial LLC

$11,085,479

15.04%

1,623,057

GUGGENHEIM CAPITAL LLC

$8,737,899

11.85%

1,279,341

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	1,279,341	$8,737,899	100.0%	Defined

Penserra Capital Management LLC

$6,068,823

8.23%

888,554

STIFEL FINANCIAL CORP

$4,730,020

6.42%

692,536

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\	692,536	$4,730,020	100.0%	Defined

CAPSTONE INVESTMENT ADVISORS, LLC

$2,528,623

3.43%

370,223

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

Manager	Shares	Value (USD)	% of position	Discretion
Capstone Investment Advisors (UK), LLP	370,223	$2,528,623	100.0%	Defined

MORGAN STANLEY

$1,888,398

2.56%

276,486

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

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	276,486	$1,888,398	100.0%	Defined

BANK OF AMERICA CORP /DE/

$1,755,829

2.38%

257,076

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.	257,076	$1,755,829	100.0%	Defined

ENVESTNET ASSET MANAGEMENT INC

$1,705,649

2.31%

249,729

Sculptor Capital LP

$1,486,569

2.02%

217,653

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

Manager	Shares	Value (USD)	% of position	Discretion
Sculptor Capital II LP joint	217,653	$1,486,569	100.0%	Sole

Yakira Capital Management, Inc.

$1,393,613

1.89%

204,043

PARK AVENUE SECURITIES LLC

$1,327,679

1.80%

220,179

ASHTON THOMAS SECURITIES, LLC

$1,322,379

1.79%

219,300

BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC

$1,281,512

1.74%

187,630

Advisors Asset Management, Inc.

$1,260,940

1.71%

184,618

Karpus Management, Inc.

$1,251,310

1.70%

183,208

Cambridge Investment Research Advisors, Inc.

$989,311

1.34%

144,848

WELLS FARGO & COMPANY/MN

$965,262

1.31%

141,327

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	13,895	$94,902	9.8%	Defined
WELLS FARGO CLEARING SERVICES, LLC	127,432	$870,360	90.2%	Defined

STEPHENS INC /AR/

$790,900

1.07%

115,798

J.W. COLE ADVISORS, INC.

$681,804

0.92%

99,825

OSAIC HOLDINGS, INC.

$655,393

0.89%

95,958

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

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	95,958	$655,393	100.0%	Defined

Invesco Ltd.

$630,047

0.85%

92,247

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	92,247	$630,047	100.0%	Defined

RAYMOND JAMES FINANCIAL INC

$600,917

0.82%

87,982

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

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	86,547	$591,116	98.4%	Defined
Raymond James Financial Services Advisors, Inc.	1,435	$9,801	1.6%	Defined

Private Advisor Group, LLC

$596,101

0.81%

87,277

CSS LLC/IL

$542,213

0.74%

79,387

Pathstone Holdings, LLC

$528,730

0.72%

77,413

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

Manager	Shares	Value (USD)	% of position	Discretion
ADVISOR PARTNERS II, LLC	77,413	$528,730	100.0%	Defined

ROYAL BANK OF CANADA

$406,849

0.55%

59,568

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	59,568	$406,849	100.0%	Defined

WOLVERINE ASSET MANAGEMENT LLC

$366,204

0.50%

53,617

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

Manager	Shares	Value (USD)	% of position	Discretion
Wolverine Holdings, LLC	53,617	$366,204	100.0%	Defined

Cetera Investment Advisers

$313,927

0.43%

45,963

COMMONWEALTH EQUITY SERVICES, LLC

$281,928

0.38%

41,278

XTX Topco Ltd

$280,275

0.38%

41,036

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	41,036	$280,275	100.0%	Defined

Kestra Advisory Services, LLC

$195,474

0.27%

28,620

INTEGRATED CAPITAL MANAGEMENT, INC.

$182,648

0.25%

30,290

Shaker Financial Services, LLC

$180,900

0.25%

30,000

Ameritas Advisory Services, LLC

$173,502

0.24%

25,403

Gladstone Institutional Advisory LLC

$172,600

0.23%

25,271

MML INVESTORS SERVICES, LLC

$162,362

0.22%

23,772

Beverly Hills Private Wealth, LLC

$161,378

0.22%

23,628

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

Manager	Shares	Value (USD)	% of position	Discretion
Avise Financial Cooperative, Inc.	23,456	$160,204	99.3%	Other
Held directly	172	$1,174	0.7%	Sole

Avise Financial Cooperative, Inc.

$160,204

0.22%

23,456

WEDBUSH SECURITIES INC

$159,179

0.22%

26,398

Creative Planning

$154,801

0.21%

22,665

CoreCap Advisors, LLC

$147,505

0.20%

24,462

Advisory Solutions Group, LLC

$145,323

0.20%

24,100

HighTower Advisors, LLC

$136,763

0.19%

20,024

Concurrent Investment Advisors, LLC

$135,807

0.18%

22,522

SUSQUEHANNA INTERNATIONAL GROUP, LLP

$117,967

0.16%

17,272

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

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	17,272	$117,967	100.0%	Other

StoneX Group Inc.

$114,525

0.16%

16,768

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

Manager	Shares	Value (USD)	% of position	Discretion
STONEX FINANCIAL INC.	16,768	$114,525	100.0%	Defined

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

$113,227

0.15%

16,578

AlphaStar Capital Management, LLC

$104,934

0.14%

17,402

DECISION INVESTMENTS, INC

$103,957

0.14%

17,240

HUNTINGTON NATIONAL BANK

$102,450

0.14%

15,000

Shulman DeMeo Asset Management LLC

$88,249

0.12%

14,635

CAPTRUST FINANCIAL ADVISORS

$81,427

0.11%

11,922

Dakota Wealth Management

$77,561

0.11%

11,356

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

Manager	Shares	Value (USD)	% of position	Discretion
Karpus Management Inc.	11,356	$77,561	100.0%	Defined

Gridiron Partners, LLC

$74,060

0.10%

12,282

DOLIVER ADVISORS, LP

$73,867

0.10%

12,250

Mascoma Wealth Management LLC

$71,757

0.10%

11,900

AE Wealth Management LLC

$71,571

0.10%

10,479

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

Manager	Shares	Value (USD)	% of position	Discretion
Pineridge Advisors LLC	8,534	$58,287	81.4%	Other
Held directly	1,945	$13,284	18.6%	Sole

BAYBAN

$70,615

0.10%

10,339

B. Riley Wealth Advisors, Inc.

$65,099

0.09%

10,796

Onyx Bridge Wealth Group LLC

$62,326

0.08%

10,336

Abel Hall, LLC

$60,300

0.08%

10,000

PNC FINANCIAL SERVICES GROUP, INC.

$54,830

0.07%

8,028

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	5,998	$40,966	74.7%	Defined
PNC Wealth Management LLC	2,030	$13,864	25.3%	Defined

Towne Trust Company, N.A

$54,640

0.07%

8,000

UBS Group AG

$37,086

0.05%

5,430

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	5,428	$37,073	100.0%	Defined
UBS AG	2	$13	0.0%	Defined

IAG Wealth Partners, LLC

$25,113

0.03%

3,677

United Financial Planning Group LLC

$21,937

0.03%

3,212

MCGUIRE CAPITAL ADVISORS INC

$20,892

0.03%

3,059

NBC SECURITIES, INC.

$17,294

0.02%

2,868

Markowski Investments

$17,075

0.02%

2,500

US BANCORP \DE\

$15,319

0.02%

2,243

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	2,243	$15,319	100.0%	Other

Nemes Rush Group LLC

$9,719

0.01%

1,423

DT Investment Partners, LLC

$8,598

0.01%

1,259

Geneos Wealth Management Inc.

$7,820

0.01%

1,145

Aventura Private Wealth, LLC

$6,160

0.01%

902

HARBOUR INVESTMENTS, INC.

$4,576

0.01%

670

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO

$3,544

0.00%

519

Thomas J. Herzfeld Advisors, Inc.

$3,196

0.00%

468

Glen Eagle Advisors, LLC

$2,772

0.00%

406

HIGHLINE WEALTH PARTNERS LLC

$2,592

0.00%

430

Hilltop National Bank

$1,688

0.00%

280

Physician Wealth Advisors, Inc.

$1,338

0.00%

222

ROTHSCHILD INVESTMENT LLC

$990

0.00%

145

SJS Investment Consulting Inc.

$928

0.00%

154

MTM Investment Management, LLC

$846

0.00%

124

MidFirst Bank

$730

0.00%

107

INVESTMENT COUNSEL CO OF NEVADA

$703

0.00%

103

FIRST HORIZON CORP

$603

0.00%

100

Ancora Advisors LLC

$532

0.00%

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

Manager	Shares	Value (USD)	% of position	Discretion
ANCORA PRIVATE WEALTH ADVISORS, LLC	78	$532	100.0%	Sole

Key Financial Inc

$484

0.00%

JNBA Financial Advisors

$259

0.00%

FMR LLC

$13

0.00%

CITIGROUP INC

0.00%

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

Manager	Shares	Value (USD)	% of position	Discretion
Citigroup Financial Products Inc. joint	1	$6	100.0%	Defined

Key facts CIK 836412 CUSIP 92835W107 13F (30d) 23 filings 23 filers Visit website