Institutional Manager · CIK 0001587281

VIRTUS ADVISERS, LLC

HARTFORD, CT · File #028-17301

Latest AUM

$211.5M

Positions

653

Top-10 Concentration

39.7%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	WEIBO CORP	WEIBF	+151,031	+$1.5M	-$6,104
ADD	MICROSOFT CORP	MSFT	+2,163	+$1.0M	-$9,029
ADD	INTERFACE INC	TILE	+37,230	+$1.0M	-$2,931
REDUCE	APPLE INC	AAPL	-3,653	-$992,703	+$62,608
EXITED	BARRETT BUSINESS SVCS INC	068463108	-19,874	-$880,816	$0
ADD	ALLIANCEBERNSTEIN HLDG L P	01881G106	+21,218	+$816,468	+$459
ADD	CAMTEK LTD	CAMT	+6,993	+$743,670	+$990
NEW	EVERUS CONSTR GROUP	EVEX-WT	+8,500	+$727,260	$0
REDUCE	TOWER SEMICONDUCTOR LTD	TSEM	-5,852	-$687,142	+$937,639
ADD	AMAZON COM INC	AMZN	+2,857	+$659,453	+$2,970

Sector Allocation

17.3%$36.5M

11.3%$24.0M

9.6%$20.3M

6.1%$12.9M

Consumer Discretionary

5.3%$11.3M

Materials

4.0%$8.4M

Utilities

2.1%$4.4M

Consumer Staples

1.9%$4.0M

Communication Services

1.5%$3.2M

Energy

1.4%$2.9M

Real Estate

0.3%$568,405

Filing History

Feb 13, 202613F HOLDINGS REPORT (Amended)Q/E Dec 2025583 pos · $181.5M
Feb 13, 202613F HOLDINGS REPORTQ/E Dec 2025653 pos · $211.5M
Feb 13, 202613F HOLDINGS REPORT (Amended)Q/E Dec 2025539 pos · $154.1M
Feb 13, 202613F HOLDINGS REPORT (Amended)Q/E Dec 2025559 pos · $163.8M
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 2025515 pos · $152.5M
Aug 13, 202513F HOLDINGS REPORTQ/E Jun 2025345 pos · $75.7M
May 14, 202513F HOLDINGS REPORTQ/E Mar 2025323 pos · $76.9M
Feb 14, 202513F COMBINATION REPORTQ/E Dec 2024462 pos · $244.9M
Nov 14, 202413F COMBINATION REPORTQ/E Sep 2024454 pos · $213.9M
Aug 14, 202413F COMBINATION REPORTQ/E Jun 2024448 pos · $204.2M
May 15, 202413F COMBINATION REPORTQ/E Mar 2024422 pos · $188.2M
Nov 7, 202313F COMBINATION REPORTQ/E Dec 2023434 pos · $164.7M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ICICI BANK LIMITED	IBN	199,408	$6.0M	7.26%
2	SSR MINING IN	SSRGF	170,675	$5.8M	6.99%
3	WEIBO CORP	WEIBF	342,720	$4.2M	5.12%
4	HDFC BANK LTD	HDB	91,368	$3.1M	3.76%
5	CENTERRA GOLD INC	CGAU	181,573	$2.7M	3.26%
6	PRIMORIS SVCS CORP	74164F103	18,105	$2.5M	3.00%
7	APPLE INC	AAPL	9,344	$2.4M	2.87%
8	GRUPO CIBEST SA	CIB	41,003	$2.1M	2.57%
9	ISHARES TR	46429B598	40,789	$2.1M	2.56%
10	LAM RESEARCH CORP	LRCX	14,104	$1.9M	2.28%
11	NORWEGIAN CRUISE LINE HLDG L	NCLH	72,452	$1.8M	2.15%
12	NVIDIA CORPORATION	NVDA	9,557	$1.8M	2.15%
13	PHIBRO ANIMAL HEALTH CORP	PAHC	43,827	$1.8M	2.14%
14	COMMVAULT SYS INC	CVLT	9,188	$1.7M	2.09%
15	GLOBE LIFE INC	GL-PD	11,826	$1.7M	2.04%
16	DR REDDYS LABS LTD	256135203	115,860	$1.6M	1.95%
17	NMI HLDGS INC	NMIH	41,408	$1.6M	1.91%
18	AMBARELLA INC	AMBA	19,066	$1.6M	1.90%
19	MICROSOFT CORP	MSFT	2,972	$1.5M	1.85%
20	PENGUIN SOLUTIONS INC	PENG	58,414	$1.5M	1.85%