Virtus Investment Advisers, LLC

Other Low signal CIK 19481
League rank
#671
in Other · #2322 overall
Long book
$362.5M
Q1 2026
Positions
450
Top-10 weight
7%
concentration
Last quarter
+13.5%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

Virtus Investment Advisers, LLC is an institutional manager, running a $362.5M US long book across 450 positions.

The portfolio is broadly diversified across 450 positions (top 10 only 7%). Turnover is modest: positions are typically held for years. Current anchor positions: GILEAD SCIENCES INC, AMGEN INC, REGENERON PHARMACEUTICALS, IMMUNITYBIO INC, VERTEX PHARMACEUTICALS INC.

Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+0.2%
Q2 2024
+11.1%
Q3 2024
+1.0%
Q4 2024
-6.6%
Q1 2025
+6.6%
Q2 2025
+6.5%
Q3 2025
+2.2%
Q4 2025
-4.2%
Q1 2026
+13.5%

Sector allocation

Healthcare
30%
Technology
14%
Financials
13%
Other
10%
Industrials
9%
Consumer discretionary
8%
Services media
6%
Materials
4%

Long book by quarter

$136.6M
Q1 2024
$110.1M
Q2 2024
$123.8M
Q3 2024
$124.3M
Q4 2024
$362.9M
Q1 2025
$295.8M
Q2 2025
$349.3M
Q3 2025
$367.9M
Q4 2025
$362.5M
Q1 2026

What does Virtus Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
GILD GILEAD SCIENCES INCHealthcare20.5K$2.9M0.8%+260.8%
AMGN AMGEN INCHealthcare8.1K$2.8M0.8%+274.7%
REGN REGENERON PHARMACEUTICALSHealthcare3.6K$2.8M0.8%+290.7%
IBRX IMMUNITYBIO INCHealthcare357.7K$2.7M0.8%+23.5%
VRTX VERTEX PHARMACEUTICALS INCHealthcare5.9K$2.6M0.7%+288.4%
INCY INCYTE CORPHealthcare27.2K$2.6M0.7%-2.8%
VRT VERTIV HOLDINGS CO-ATechnology10.0K$2.5M0.7%+0.2%
ALNY ALNYLAM PHARMACEUTICALS INCHealthcare7.5K$2.5M0.7%+335.1%
EIX EDISON INTERNATIONALUtilities33.0K$2.4M0.7%+1129.2%
ROST ROSS STORES INCConsumer discretionary10.2K$2.2M0.6%-14.0%
PWR QUANTA SERVICES INCIndustrials4.0K$2.2M0.6%-8.8%
DAWNGBX DAY ONE BIOPHARMACEUTICALS I101.0K$2.2M0.6%+23.5%
BURL BURLINGTON STORES INCConsumer discretionary6.5K$2.1M0.6%-5.8%
SLB SLB LTDEnergy41.3K$2.1M0.6%+873.2%
MRK MERCK & CO. INC.Healthcare17.6K$2.1M0.6%New
LIN LINDE PLCMaterials4.2K$2.1M0.6%New
HSY HERSHEY CO/THEConsumer staples9.9K$2.1M0.6%New
CB CHUBB LTDFinancials6.3K$2.1M0.6%New
BKR BAKER HUGHES COIndustrials33.6K$2.1M0.6%-15.7%
TJX TJX COMPANIES INCConsumer discretionary12.8K$2.0M0.6%-3.2%
WAB WABTEC CORPIndustrials8.2K$2.0M0.6%-15.0%
HWM HOWMET AEROSPACE INCIndustrials8.8K$2.0M0.6%-7.2%
ALL ALLSTATE CORPFinancials9.7K$2.0M0.6%-2.5%
WMT WALMART INCConsumer discretionary16.2K$2.0M0.6%-12.2%
TT TRANE TECHNOLOGIES PLCTechnology4.8K$2.0M0.6%+8.1%
FAST FASTENAL COConsumer discretionary43.2K$2.0M0.6%-5.8%
LYV LIVE NATION ENTERTAINMENT INServices media12.9K$2.0M0.5%New
CME CME GROUP INCFinancials6.7K$2.0M0.5%-6.8%
HIG HARTFORD INSURANCE GROUP INCFinancials14.6K$2.0M0.5%-6.3%
TRV TRAVELERS COS INC/THEFinancials6.7K$2.0M0.5%-5.2%
KO COCA-COLA CO/THEConsumer staples25.8K$2.0M0.5%New
AMAT APPLIED MATERIALS INCTechnology5.7K$1.9M0.5%-31.9%
COST COSTCO WHOLESALE CORPConsumer discretionary2.0K$1.9M0.5%-5.3%
HUBB HUBBELL INCTechnology3.9K$1.9M0.5%New
AFL AFLAC INCFinancials17.5K$1.9M0.5%New
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials4.0K$1.9M0.5%+0.9%
DAL DELTA AIR LINES INCIndustrials28.7K$1.9M0.5%-13.0%
BNY BANK OF NEW YORK MELLON CORPFinancials16.0K$1.9M0.5%New
EA ELECTRONIC ARTS INCTechnology9.3K$1.9M0.5%New
MPWR MONOLITHIC POWER SYSTEMS INCTechnology1.7K$1.9M0.5%-1.4%
CINF CINCINNATI FINANCIAL CORPFinancials12.0K$1.9M0.5%-4.4%
DRI DARDEN RESTAURANTS INCConsumer discretionary9.6K$1.9M0.5%New
WM WASTE MANAGEMENT INCUtilities8.2K$1.9M0.5%New
TXN TEXAS INSTRUMENTS INCTechnology9.7K$1.9M0.5%New
CSCO CISCO SYSTEMS INCTechnology24.1K$1.9M0.5%-8.2%
WRB WR BERKLEY CORPFinancials28.2K$1.9M0.5%+7.5%
TDY TELEDYNE TECHNOLOGIES INCTechnology3.1K$1.9M0.5%New
PFG PRINCIPAL FINANCIAL GROUPFinancials20.6K$1.9M0.5%New
YUMC YUM CHINA HOLDINGS INCConsumer discretionary37.8K$1.8M0.5%-13.5%
AME AMETEK INCTechnology8.6K$1.8M0.5%-16.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 14, 2026450$362.5M canonicalSEC ↗
Q4 202513F-HRFeb 17, 2026461$367.9M canonicalSEC ↗
Q3 202513F-HRNov 14, 2025440$349.3M canonicalSEC ↗
Q2 202513F-HRAug 13, 2025439$295.8M canonicalSEC ↗
Q1 202513F-HRMay 15, 2025473$367.8M canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025360$127.6M canonicalSEC ↗
Q3 202413F-HRNov 14, 2024340$127.1M canonicalSEC ↗
Q2 202413F-HRAug 14, 2024335$118.2M canonicalSEC ↗
Q1 202413F-HRMay 16, 2024347$139.9M canonicalSEC ↗