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Virtus Equity & Convertible Income Fund

NIE
Exchange
NYSE
SEC CIK
0001383441

In the last 90 days, Virtus Equity & Convertible Income Fund insiders filed 1 open-market purchase and 1 sale; 94 institutions reported holding it in 13F filings for Q2 2026, worth $200.6M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Virtus Equity & Convertible Income Fund as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
90
−4 vs. Q3 2025
Shares held
7.43M
+253.4K (+3.5%) vs. Q3 2025
Total value
$185.4M
+$5.08M (+2.8%) vs. Q3 2025
New holders
4
37 more added
Sold out
8
25 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NIE on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 90 institutions
Q1 2021: 77 institutionsQ2 2021: 77 institutionsQ3 2021: 72 institutionsQ4 2021: 91 institutionsQ1 2022: 77 institutionsQ2 2022: 75 institutionsQ3 2022: 72 institutionsQ4 2022: 72 institutionsQ1 2023: 68 institutionsQ2 2023: 74 institutionsQ3 2023: 71 institutionsQ4 2023: 82 institutionsQ1 2024: 83 institutionsQ2 2024: 78 institutionsQ3 2024: 82 institutionsQ4 2024: 84 institutionsQ1 2025: 78 institutionsQ2 2025: 87 institutionsQ3 2025: 96 institutionsQ4 2025: 90 institutionsQ1 2026: 86 institutionsQ2 2026: 94 institutions
Value heldQ4 2025: $185.4M
Q1 2021: $190.1MQ2 2021: $205.3MQ3 2021: $199.4MQ4 2021: $207.6MQ1 2022: $162.2MQ2 2022: $144.6MQ3 2022: $133.3MQ4 2022: $118.1MQ1 2023: $121.2MQ2 2023: $140.7MQ3 2023: $143.0MQ4 2023: $151.0MQ1 2024: $163.9MQ2 2024: $161.5MQ3 2024: $172.8MQ4 2024: $168.4MQ1 2025: $147.5MQ2 2025: $167.9MQ3 2025: $180.8MQ4 2025: $185.4MQ1 2026: $166.8MQ2 2026: $200.6M
Institutions holding NIE and their total value by quarter
QuarterHoldersValue
Q2 202694$200.6M
Q1 202686$166.8M
Q4 202590$185.4M
Q3 202596$180.8M
Q2 202587$167.9M
Q1 202578$147.5M
Q4 202484$168.4M
Q3 202482$172.8M
Q2 202478$161.5M
Q1 202483$163.9M
Q4 202382$151.0M
Q3 202371$143.0M
Q2 202374$140.7M
Q1 202368$121.2M
Q4 202272$118.1M
Q3 202272$133.3M
Q2 202275$144.6M
Q1 202277$162.2M
Q4 202191$207.6M
Q3 202172$199.4M
Q2 202177$205.3M
Q1 202177$190.1M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Virtus Equity & Convertible Income Fund; share changes are against Q3 2025.

Institutions holding NIE in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Wells Fargo & Company961,982$24.0M0.00%−65,631−6.4%Reduced
Advisors Asset Management, Inc.863,878$21.5M0.36%+2,998+0.3%Added
Royal Bank of Canada571,160$14.2M0.00%+11,079+2.0%Added
Morgan Stanley533,775$13.3M0.00%−3,740−0.7%Reduced
Guggenheim Capital LLC479,040$11.9M0.09%+58,661+14.0%Added
Raymond James Financial Inc460,963$11.5M0.00%−5,097−1.1%Reduced
Wealth Enhancement Advisory Services, LLC401,952$10.2M0.01%+5,959+1.5%Added
Saba Capital Management, L.P.298,200$7.43M0.25%+298,200New
LPL Financial LLC269,945$6.73M0.00%+56,895+26.7%Added
Schwarz Dygos Wheeler Investment Advisors LLC216,008$5.38M1.11%+2,299+1.1%Added
UBS Group AG139,661$3.48M0.00%−30,270−17.8%Reduced
Bank of America Corp120,126$2.99M0.00%−6,338−5.0%Reduced
Wolverine Asset Management LLC113,752$2.83M0.04%−51,721−31.3%Reduced
Invesco Ltd.112,000$2.79M0.00%+5,356+5.0%Added
Cornerstone Advisors, LLC108,972$2.72M0.09%−115,013−51.3%Reduced
Pensionmark Financial Group, LLC105,586$2.63M0.04%+8,496+8.8%Added
Advisor Group Holdings, Inc.90,270$2.25M0.00%−2,001−2.2%Reduced
Cambridge Investment Research Advisors, Inc.83,545$2.08M0.01%+370+0.4%Added
Evolve Private Wealth, LLC79,712$2.03M0.12%+79,712New
D.A. Davidson & Co.79,938$1.99M0.01%+9,488+13.5%Added
Shaker Financial Services, LLC67,522$1.73M0.55%−37,852−35.9%Reduced
Allspring Global Investments Holdings, LLC67,182$1.67M0.00%+13,817+25.9%Added
OxenFree Capital LLC56,643$1.41M0.74%+556+1.0%Added
Capital Investment Advisors, LLC55,732$1.39M0.02%−4,250−7.1%Reduced
Wiley Bros.-Aintree Capital, LLC51,997$1.30M0.01%+28,335+119.7%Added
Keystone Financial Group48,613$1.21M0.09%−722−1.5%Reduced
Integrated Wealth Concepts LLC46,303$1.15M0.01%−9,111−16.4%Reduced
Stifel Financial Corp43,780$1.09M0.00%−35,223−44.6%Reduced
Calamos Advisors LLC42,188$1.05M0.00%+25,955+159.9%Added
Readystate Asset Management LP41,520$1.03M0.05%+19,703+90.3%Added
Kestra Advisory Services, LLC39,890$994.0K0.00%+87+0.2%Added
Commonwealth Equity Services, LLC35,900$894.6K0.00%+7,477+26.3%Added
Thrivent Financial for Lutherans35,850$893.0K0.00%00.0%Unchanged
Ameriprise Financial Inc34,123$850.3K0.00%−6,055−15.1%Reduced
Stolper Co32,642$813.0K0.24%+719+2.3%Added
Steward Partners Investment Advisory, LLC31,254$778.8K0.00%−1,043−3.2%Reduced
Allworth Financial LP31,250$778.8K0.00%−2,838−8.3%Reduced
PMG Family Office LLC29,524$735.7K0.85%−509−1.7%Reduced
Rothschild Investment LLC28,991$722.5K0.04%00.0%Unchanged
Prospera Financial Services Inc27,865$694.3K0.01%−257−0.9%Reduced
Cornerstone Wealth Management, LLC26,412$658.2K0.03%+886+3.5%Added
Level Four Advisory Services, LLC25,768$642.2K0.02%+1,959+8.2%Added
Cetera Investment Advisers24,948$621.7K0.00%+2,867+13.0%Added
Truist Financial Corp21,570$537.5K0.00%00.0%Unchanged
Centurion Wealth Management LLC21,509$536.0K0.12%00.0%Unchanged
David J Yvars Group21,136$526.7K0.28%+3,615+20.6%Added
Envestnet Asset Management Inc20,430$509.1K0.00%+1,457+7.7%Added
Baird Financial Group, Inc.18,478$460.5K0.00%−291−1.6%Reduced
Hennion & Walsh Asset Management, Inc.16,804$418.8K0.01%−15,012−47.2%Reduced
CSS LLC16,668$415.4K0.02%+151+0.9%Added
Brick & Kyle, Associates16,476$411.0K0.15%−369−2.2%Reduced
PFG Investments, LLC14,965$372.9K0.02%+46+0.3%Added
Institute for Wealth Management, LLC.14,633$364.7K0.04%−160−1.1%Reduced
AQR Capital Management LLC14,452$360.1K0.00%00.0%Unchanged
Janney Montgomery Scott LLC14,047$350.0K0.00%−1,246−8.1%Reduced
International Assets Investment Management, LLC12,535$312.4K0.02%00.0%Unchanged
Wedbush Securities Inc12,522$312.0K0.01%+3,008+31.6%Added
Sanctuary Advisors, LLC11,850$295.3K0.00%00.0%Unchanged
Logan Stone Capital, LLC11,369$283.3K0.07%+11,369New
SMH Capital Advisors Inc10,689$266.4K0.54%00.0%Unchanged
Kovack Advisors, Inc.10,141$252.7K0.01%+10,141New
Joel Isaacson & Co., LLC10,000$249.2K0.01%00.0%Unchanged
Global Assets Advisory, LLC10,000$249.2K0.07%00.0%Unchanged
Daymark Wealth Partners, LLC9,661$240.8K0.01%00.0%Unchanged
Huntleigh Advisors, Inc.9,379$233.7K0.04%+165+1.8%Added
Davenport & Co LLC9,246$230.4K0.00%00.0%Unchanged
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors9,212$229.6K0.03%+236+2.6%Added
Landscape Capital Management, L.L.C.8,263$205.9K0.01%−9,213−52.7%Reduced
Oppenheimer & Co Inc8,190$204.1K0.00%+67+0.8%Added
Silverlake Wealth Management LLC8,163$203.4K0.05%00.0%Unchanged
Comerica Bank8,094$201.7K0.00%+46+0.6%Added
GWM Advisors LLC7,262$181.0K0.00%+113+1.6%Added
Blue Bell Private Wealth Management, LLC6,655$165.8K0.02%+5,136+338.1%Added
Rockefeller Capital Management L.P.4,569$113.9K0.00%00.0%Unchanged
Wolff Wiese Magana LLC4,248$105.9K0.06%00.0%Unchanged
US Bancorp4,135$103.0K0.00%00.0%Unchanged
CWM, LLC3,334$83.0K0.00%+7+0.2%Added
The PNC Financial Services Group, Inc.3,004$74.9K0.00%00.0%Unchanged
MAI Capital Management2,912$72.6K0.00%+56+2.0%Added
Westfuller Advisors, LLC2,149$54.7K0.02%+42+2.0%Added
Harbour Investments, Inc.2,048$51.0K0.00%00.0%Unchanged
CoreCap Advisors, LLC1,300$32.4K0.00%00.0%Unchanged
Eastern Bank1,298$32.3K0.00%00.0%Unchanged
Farther Finance Advisors, LLC950$23.7K0.00%00.0%Unchanged
Highline Wealth Partners LLC371$9.24K0.00%+150+67.9%Added
JPMorgan Chase & Co358$8.92K0.00%−44−10.9%Reduced
Westside Investment Management, Inc.350$8.72K0.00%00.0%Unchanged
Strengthening Families & Communities, LLC183$4.55K0.00%+4+2.2%Added
Valley National Advisers Inc166$4.00K0.00%00.0%Unchanged
FMR LLC31$7730.00%00.0%Unchanged
Prevail Innovative Wealth Advisors, LLC0$00.00%−9,905−100.0%Sold out
J.W. Cole Advisors, Inc.0$00.00%−8,028−100.0%Sold out
Future Financial Wealth Managment LLC0$00.00%−1,000−100.0%Sold out
TSFG, LLC0$00.00%−754−100.0%Sold out
North Capital, Inc.0$00.00%−285−100.0%Sold out
Advisory Services Network, LLC0$00.00%−165−100.0%Sold out
Principal Securities, Inc.0$00.00%−102−100.0%Sold out
Hollencrest Capital Management0$00.00%−66−100.0%Sold out
Wetherby Asset Management Inc––––Not filed
Creekmur Asset Management LLC––––Not filed