Virtus Equity & Convertible Income Fund (NIE) — Institutional Holders, Q2 2026
96 institutional investment managers reported a NIE position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $201.9M. Every filer is listed below, ranked by position value. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
NIE in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- Saba Capital Management, L.P.Added · +114,537 sh+$3.1M
- LPL FinancialAdded · +52,773 sh+$1.4M
- Allspring Global InvestmentsAdded · +48,719 sh+$1.3M
- Logan Stone CapitalNew · +43,459 sh+$1.2M
- RAYMOND JAMES FINANCIALAdded · +26,605 sh+$714.6K
Biggest sellers
- Shaker Financial ServicesTrimmed · -31,938 sh-$857.9K
- WOLVERINE ASSET MANAGEMENTTrimmed · -24,389 sh-$655.1K
- Advisors Asset ManagementTrimmed · -18,182 sh-$488.4K
- Cetera Investment AdvisersTrimmed · -15,795 sh-$424.3K
- ENVESTNET ASSET MANAGEMENTTrimmed · -15,785 sh-$424.0K
NIE 13F holders ranked 1–96 of 96
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | WELLS FARGO & COMPANY#1 · 970,804 sh | 970,804 | $26.1M | <0.01% | +2.1% |
| 2 | Advisors Asset Management#2 · 663,531 sh | 663,531 | $17.8M | 0.27% | -2.7% |
| 3 | ROYAL BANK OF CANADA#3 · 560,208 sh | 560,208 | $15.0M | <0.01% | -2.6% |
| 4 | RAYMOND JAMES FINANCIAL#4 · 546,758 sh | 546,758 | $14.7M | <0.01% | +5.1% |
| 5 | MORGAN STANLEY#5 · 508,646 sh | 508,646 | $13.7M | <0.01% | -2.5% |
| 6 | GUGGENHEIM CAPITAL#6 · 487,072 sh | 487,072 | $13.1M | 0.08% | +5.1% |
| 7 | Saba Capital Management, L.P.#7 · 475,853 sh | 475,853 | $12.8M | 0.33% | +31.7% |
| 8 | LPL Financial#8 · 343,482 sh | 343,482 | $9.2M | <0.01% | +18.2% |
| 9 | WEALTH ENHANCEMENT ADVISORY SERVICES#9 · 277,185 sh | 277,185 | $7.4M | — | +7.9% |
| 10 | SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS#10 · 226,836 sh | 226,836 | $6.1M | 1.16% | +3.7% |
| 11 | Invesco Ltd.#11 · 138,527 sh | 138,527 | $3.7M | <0.01% | +13.3% |
| 12 | UBS Group AG#12 · 129,761 sh | 129,761 | $3.5M | <0.01% | -1.2% |
| 13 | Allspring Global Investments#13 · 128,831 sh | 128,831 | $3.5M | <0.01% | +60.8% |
| 14 | BANK OF AMERICA#14 · 121,832 sh | 121,832 | $3.3M | <0.01% | +2.3% |
| 15 | D.A. DAVIDSON#15 · 103,773 sh | 103,773 | $2.8M | 0.02% | +30.8% |
| 16 | World Investment Advisors#16 · 114,410 sh | 114,410 | $2.7M | 0.04% | -2.9% |
| 17 | OSAIC#17 · 93,578 sh | 93,578 | $2.5M | <0.01% | +21.0% |
| 18 | EVOLVE PRIVATE WEALTH#18 · 74,881 sh | 74,881 | $2.0M | 0.12% | -6.0% |
| 19 | Cambridge Investment Research Advisors#19 · 73,246 sh | 73,246 | $2.0M | <0.01% | -8.5% |
| 20 | OxenFree Capital#20 · 72,798 sh | 72,798 | $1.9M | — | +11.6% |
| 21 | WOLVERINE ASSET MANAGEMENT#21 · 66,997 sh | 66,997 | $1.8M | 0.02% | -26.7% |
| 22 | WILEY BROS.-AINTREE CAPITAL#22 · 65,891 sh | 65,891 | $1.8M | <0.01% | +9.3% |
| 23 | Capital Investment Advisors#23 · 54,923 sh | 54,923 | $1.5M | — | -1.5% |
| 24 | Calamos Advisors#24 · 51,308 sh | 51,308 | $1.4M | <0.01% | +7.1% |
| 25 | Todd Wealth Management#25 · 48,104 sh | 48,104 | $1.3M | — | -0.4% |
| 26 | Keystone Financial Group#26 · 47,812 sh | 47,812 | $1.3M | 0.08% | +2.3% |
| 27 | COMMONWEALTH EQUITY SERVICES#27 · 46,211 sh | 46,211 | $1.2M | <0.01% | -4.0% |
| 28 | FIRST ADVISORS#28 · 44,331 sh | 44,331 | $1.2M | <0.01% | +31.2% |
| 29 | Integrated Wealth Concepts#29 · 43,554 sh | 43,554 | $1.2M | <0.01% | +1.3% |
| 30 | Logan Stone Capital#30 · 43,459 sh | 43,459 | $1.2M | 0.25% | New |
| 31 | Kestra Advisory Services#31 · 40,465 sh | 40,465 | $1.1M | <0.01% | +5.5% |
| 32 | THRIVENT FINANCIAL FOR LUTHERANS#32 · 39,850 sh | 39,850 | $1.1M | <0.01% | 0.0% |
| 33 | AMERIPRISE FINANCIAL#33 · 35,705 sh | 35,705 | $959.0K | <0.01% | -19.2% |
| 34 | Stolper#34 · 34,455 sh | 34,455 | $925.0K | — | -8.7% |
| 35 | Prospera Financial Services#35 · 33,200 sh | 33,200 | $891.7K | 0.01% | -0.1% |
| 36 | PMG Family Office#36 · 32,392 sh | 32,392 | $870.0K | — | +2.0% |
| 37 | Steward Partners Investment Advisory#37 · 31,004 sh | 31,004 | $832.8K | <0.01% | -0.8% |
| 38 | Cornerstone Wealth Management#38 · 30,307 sh | 30,307 | $814.0K | 0.04% | +9.0% |
| 39 | STIFEL FINANCIAL#39 · 29,312 sh | 29,312 | $787.3K | <0.01% | -9.3% |
| 40 | ROTHSCHILD INVESTMENT#40 · 28,991 sh | 28,991 | $778.7K | 0.03% | 0.0% |
| 41 | Allworth Financial#41 · 28,150 sh | 28,150 | $756.1K | <0.01% | -1.7% |
| 42 | David J Yvars Group#42 · 25,699 sh | 25,699 | $690.3K | — | +24.4% |
| 43 | LEVEL FOUR ADVISORY SERVICES#43 · 25,600 sh | 25,600 | $687.7K | 0.02% | +1.7% |
| 44 | WEDBUSH SECURITIES#44 · 25,546 sh | 25,546 | $686.0K | — | 0.0% |
| 45 | Concurrent Investment Advisors#45 · 24,274 sh | 24,274 | $652.0K | — | +1.3% |
| 46 | Miller Financial Services#46 · 23,200 sh | 23,200 | $623.2K | — | New |
| 47 | BLUE BELL PRIVATE WEALTH MANAGEMENT#47 · 21,548 sh | 21,548 | $578.8K | 0.07% | +114.3% |
| 48 | Centurion Wealth Management#48 · 21,509 sh | 21,509 | $577.7K | — | 0.0% |
| 49 | TRUIST FINANCIAL#49 · 19,579 sh | 19,579 | $525.9K | <0.01% | -2.3% |
| 50 | READYSTATE ASSET MANAGEMENT#50 · 17,594 sh | 17,594 | $472.6K | <0.01% | New |
| 51 | Baird Financial Group#51 · 17,305 sh | 17,305 | $464.8K | <0.01% | -8.4% |
| 52 | PFG Investments#52 · 15,118 sh | 15,118 | $406.1K | 0.02% | +0.4% |
| 53 | AQR CAPITAL MANAGEMENT#53 · 14,452 sh | 14,452 | $388.2K | <0.01% | 0.0% |
| 54 | Cetera Investment Advisers#54 · 14,381 sh | 14,381 | $386.3K | <0.01% | -52.3% |
| 55 | Janney Montgomery Scott#55 · 14,339 sh | 14,339 | $385.0K | <0.01% | +1.0% |
| 56 | Brick & Kyle, Associates#56 · 16,240 sh | 16,240 | $379.4K | 0.13% | 0.0% |
| 57 | CSS#57 · 14,068 sh | 14,068 | $377.9K | 0.01% | +0.7% |
| 58 | Kovack Advisors#58 · 13,878 sh | 13,878 | $371.4K | 0.02% | +7.1% |
| 59 | Institute for Wealth Management#59 · 13,778 sh | 13,778 | $370.1K | 0.03% | +0.2% |
| 60 | Shaker Financial Services#60 · 13,421 sh | 13,421 | $360.5K | — | -70.4% |
| 61 | XTX Topco Ltd#61 · 12,596 sh | 12,596 | $338.3K | <0.01% | New |
| 62 | Sanctuary Advisors#62 · 11,850 sh | 11,850 | $318.3K | <0.01% | 0.0% |
| 63 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT#63 · 11,610 sh | 11,610 | $310.7K | 0.02% | -7.4% |
| 64 | SMH CAPITAL ADVISORS#64 · 10,998 sh | 10,998 | $295.4K | 1.16% | +4264.3% |
| 65 | ENVESTNET ASSET MANAGEMENT#65 · 10,133 sh | 10,133 | $272.2K | <0.01% | -60.9% |
| 66 | Joel Isaacson#66 · 10,000 sh | 10,000 | $268.6K | <0.01% | 0.0% |
| 67 | Huntleigh Advisors#67 · 9,595 sh | 9,595 | $257.7K | 0.04% | +0.8% |
| 68 | Bay Colony Advisory Group, d/b/a Bay Colony Advisors#68 · 9,362 sh | 9,362 | $251.5K | 0.03% | +9.3% |
| 69 | DAVENPORT#69 · 9,311 sh | 9,311 | $250.1K | — | 0.0% |
| 70 | OPPENHEIMER#70 · 8,915 sh | 8,915 | $239.5K | — | +0.9% |
| 71 | DAYMARK WEALTH PARTNERS#71 · 8,661 sh | 8,661 | $232.6K | <0.01% | -10.4% |
| 72 | Arkadios Wealth Advisors#72 · 8,594 sh | 8,594 | $230.8K | <0.01% | New |
| 73 | SILVERLAKE WEALTH MANAGEMENT#73 · 8,163 sh | 8,163 | $219.3K | — | New |
| 74 | FIFTH THIRD BANCORP#74 · 8,094 sh | 8,094 | $217.4K | <0.01% | 0.0% |
| 75 | Graves-Light Private Wealth Management#75 · 7,867 sh | 7,867 | $211.3K | — | New |
| 76 | Mariner#76 · 7,851 sh | 7,851 | $210.9K | <0.01% | New |
| 77 | Laird Norton Wetherby Company#77 · 7,820 sh | 7,820 | $210.0K | <0.01% | New |
| 78 | NewEdge Advisors#78 · 7,554 sh | 7,554 | $202.9K | <0.01% | New |
| 79 | Rockefeller Capital Management L.P.#79 · 4,569 sh | 4,569 | $122.7K | <0.01% | 0.0% |
| 80 | WOLFF WIESE MAGANA#80 · 4,248 sh | 4,248 | $114.1K | — | 0.0% |
| 81 | US BANCORP \DE\#81 · 4,135 sh | 4,135 | $111.1K | <0.01% | 0.0% |
| 82 | PNC FINANCIAL SERVICES GROUP#82 · 3,004 sh | 3,004 | $80.7K | 0.00% | 0.0% |
| 83 | Westfuller Advisors#83 · 2,290 sh | 2,290 | $61.5K | 0.02% | +2.2% |
| 84 | JPMORGAN CHASE#84 · 1,484 sh | 1,484 | $39.5K | 0.00% | +386.6% |
| 85 | CoreCap Advisors#85 · 1,300 sh | 1,300 | $34.9K | — | 0.0% |
| 86 | EASTERN BANK#86 · 1,298 sh | 1,298 | $34.9K | — | 0.0% |
| 87 | Farther Finance Advisors#87 · 1,172 sh | 1,172 | $31.5K | — | 0.0% |
| 88 | HARBOUR INVESTMENTS#88 · 1,125 sh | 1,125 | $30.2K | <0.01% | 0.0% |
| 89 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT#89 · 700 sh | 700 | $18.8K | 0.00% | New |
| 90 | Cape Investment Advisory#90 · 435 sh | 435 | $11.7K | — | New |
| 91 | James T. Borello RIA#91 · 406 sh | 406 | $10.9K | — | New |
| 92 | Westside Investment Management#92 · 350 sh | 350 | $9.4K | <0.01% | 0.0% |
| 93 | Strengthening Families & Communities#93 · 195 sh | 195 | $5.2K | — | +2.6% |
| 94 | HIGHLINE WEALTH PARTNERS#94 · 150 sh | 150 | $4.0K | — | -59.6% |
| 95 | FMR#95 · 141 sh | 141 | $3.8K | 0.00% | New |
| 96 | Russell Investments Group, Ltd.#96 · 6 sh | 6 | $154.00 | 0.00% | New |
Funds that sold out of NIE in Q2 2026 (4)
Held NIE at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| Hennion & Walsh Asset Management10,171 sh | 10,171 | $237.6K |
| Global Assets Advisory10,000 sh | 10,000 | $233.6K |
| MAI Capital Management2,976 sh | 2,976 | $69.5K |
| Advisory Services Network65 sh | 65 | $1.5K |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.