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Roy D. Behren and Michael T. Shannon (Co-CIOs), Steven V. Tan (Portfolio Manager) — Institutional Investor Profile | Buyside Digest

Roy D. Behren and Michael T. Shannon (Co-CIOs), Steven V. Tan (Portfolio Manager)

Institutional Investor • Virtus Westchester Credit Event Fund

Value

$83M

Stocks

44 Stocks (1 new)

Turnover

1.5%

CIK

0001512805EDGAR ↗

Website ↗

Top Holdings

GTLS-PB(13.89%) WBS(12.26%) DBRG(6.19%) QRVO(5.23%) PEN(5.16%)

About Investor

The fund is managed by a highly experienced three-person team with deep expertise in event-driven strategies. Roy D. Behren and Michael T. Shannon serve as Co-Presidents and Co-CIOs, bringing over 35 years of combined experience, while Steven V. Tan serves as Portfolio Manager. The team has been managing the fund since its inception in 2017 and operates under Westchester Capital Management, which has specialized in event-driven alternative investment strategies for over 40 years since 1989.

Investor Philosophy

Investment philosophy details pending verification.

Roy D. Behren and Michael T. Shannon (Co-CIOs), Steven V. Tan (Portfolio Manager) Top Holdings

Ticker	P/C	Company Name	Sector	Market Value	Weight	% Chg
GTLS-PB	None	CHART INDS INC	General	$119.5M	13.9%	No Change
WBS	None	Webster Financial Corp	Financials	$105.5M	12.3%	No Change
DBRG	None	DigitalBridge Group Inc.	Financials	$53.3M	6.2%	No Change
QRVO	None	Qorvo Inc.	Information Technology	$45.0M	5.2%	No Change
PEN	None	Penumbra	Health Care	$44.4M	5.2%	No Change
ROKU	None	Roku, Inc.	Communication Services	$39.0M	4.5%	No Change
CZR	None	Caesars Entertainment, Inc.	Consumer Discretionary	$38.0M	4.4%	No Change
ANSCW	None	AGRICULTURE & NAT SOL ACQ CO	General	$22.2M	2.6%	No Change
KVUE	None	Kenvue	Consumer Staples	$17.8M	2.1%	No Change
OGN	None	Organon & Co	Healthcare	$16.9M	2.0%	No Change

Recent Buys (13F)

Ticker	Amount	% Chg	Weight	Status
AESAES Corp.	$13.2M	+100.0%	1.5%	New

Recent Sells (13F)

Ticker	Amount	% Chg	Weight	Status
AESCAES CORP	$13.2M	-100.0%	0.0%	Sold Out

13F Sector Breakdown

General42.0%

Financials19.7%

Industrials10.9%

Communication Services7.0%

Information Technology5.2%

Sector	Stocks	Value	Exposure
General	22	$361.4M	42.0%
Financials	3	$169.5M	19.7%
Industrials	10	$93.7M	10.9%
Communication Services	3	$60.7M	7.0%
Information Technology	1	$45.0M	5.2%
Health Care	1	$44.4M	5.2%
Consumer Discretionary	1	$38.0M	4.4%
Consumer Staples	1	$17.8M	2.1%
Healthcare	1	$16.9M	2.0%
Utilities	1	$13.2M	1.5%