Virtus Investment Partners (VRTS) reported second-quarter GAAP revenue of $201.4 million, down 4% from $210.5 million a year earlier and up 1% from $199.5 million in the prior quarter. Net income attributable to the company was $45.3 million, up 7% from $42.4 million a year earlier.
Diluted earnings per share were $6.68, compared with $6.12 a year earlier and $1.05 in the prior quarter. Total assets under management were $152.2 billion at June 30, 2026, up 2% from March 31, 2026 and down 11% from a year earlier.
- Total sales were $6.1 billion, up 5% from the prior quarter.
- Net flows were negative $5.6 billion, compared with negative $8.4 billion in the prior quarter.
- Adjusted diluted EPS was $5.54, compared with $5.38 in the prior quarter.
- Operating income was $27.3 million, compared with $15.4 million in the prior quarter.
- The company repurchased 70,097 shares for $10.0 million and paid quarterly dividends totaling $16.3 million.
- Management scheduled a conference call and webcast for July 30, 2026, at 10 a.m. Eastern.
$VRTS Insider Trading Activity
$VRTS insiders have traded $VRTS stock on the open market 8 times in the past 6 months. Of those trades, 3 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $VRTS stock by insiders over the last 6 months:
- BARRY M. MANDINACH (EVP, Head of Distribution) has made 0 purchases and 2 sales selling 5,000 shares for an estimated $723,820.
- W HOWARD MORRIS has made 3 purchases buying 4,050 shares for an estimated $524,362 and 0 sales.
- SUSAN S. FLEMING has made 0 purchases and 3 sales selling 3,322 shares for an estimated $472,760.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$VRTS Hedge Fund Activity
We have seen 95 institutional investors add shares of $VRTS stock to their portfolio, and 102 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STATE STREET CORP added 132,359 shares (+43.2%) to their portfolio in Q1 2026, for an estimated $17,782,431
- WCM INVESTMENT MANAGEMENT, LLC removed 87,812 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $11,797,542
- ROYAL BANK OF CANADA removed 85,932 shares (-97.4%) from their portfolio in Q1 2026, for an estimated $11,544,964
- VULCAN VALUE PARTNERS, LLC removed 77,326 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $10,388,748
- ZIMMER PARTNERS, LP added 59,121 shares (+236.5%) to their portfolio in Q1 2026, for an estimated $7,942,906
- CITADEL ADVISORS LLC added 41,958 shares (+inf%) to their portfolio in Q1 2026, for an estimated $5,637,057
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 41,283 shares (-13.8%) from their portfolio in Q1 2026, for an estimated $5,546,371
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.