VIRTUS GLOBAL MULTI-SEC INC

CUSIP: 92829B101 Class: CEF

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (4)

Total Wealth Planning & Management, Inc.

Value ($000) $304 Shares 38,802

Kovack Advisors, Inc.

Value ($000) $94 Shares 12,024

INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC

Value ($000) $53 Shares 6,780

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $91 Shares 11,641

Institution	Shares	Value ($000)
Total Wealth Planning & Management, Inc.	38,802	$304
Kovack Advisors, Inc.	12,024	$94
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC	6,780	$53
SUSQUEHANNA INTERNATIONAL GROUP, LLP	11,641	$91

Increased Positions (10)

SIT INVESTMENT ASSOCIATES INC

Value ($000) $16 (+6.6%) Shares 2,057,760 (+8.0%)

Fiera Capital Corp

Value ($000) $1,225 (+39.9%) Shares 156,236 (+41.8%)

Founders Financial Alliance, LLC

Value ($000) $145 (+13.4%) Shares 18,526 (+14.9%)

OSAIC HOLDINGS, INC.

Value ($000) $606 (+42.1%) Shares 77,351 (+43.8%)

LPL Financial LLC

Value ($000) $2,459 (+7.6%) Shares 313,639 (+9.1%)

WELLS FARGO & COMPANY/MN

Value ($000) $288 (+45.0%) Shares 36,767 (+46.9%)

Integrity Advisory Solutions, LLC

Value ($000) $105 (+15.6%) Shares 13,386 (+17.1%)

CoreCap Advisors, LLC

Value ($000) $1,146 (-0.1%) Shares 146,133 (+1.2%)

Cetera Investment Advisers

Value ($000) $244 (+8.2%) Shares 31,155 (+9.6%)

Allworth Financial LP

Value ($000) $8 (+393.4%) Shares 1,000 (+400.0%)

Institution	Prev Shares	Curr Shares	Change
SIT INVESTMENT ASSOCIATES INC	1,906,070	2,057,760	+151,690 (+8.0%)
Fiera Capital Corp	110,188	156,236	+46,048 (+41.8%)
Founders Financial Alliance, LLC	16,122	18,526	+2,404 (+14.9%)
OSAIC HOLDINGS, INC.	53,803	77,351	+23,548 (+43.8%)
LPL Financial LLC	287,583	313,639	+26,056 (+9.1%)
WELLS FARGO & COMPANY/MN	25,027	36,767	+11,740 (+46.9%)
Integrity Advisory Solutions, LLC	11,427	13,386	+1,959 (+17.1%)
CoreCap Advisors, LLC	144,358	146,133	+1,775 (+1.2%)
Cetera Investment Advisers	28,430	31,155	+2,725 (+9.6%)
Allworth Financial LP	200	1,000	+800 (+400.0%)

Decreased Positions (11)

Shaker Financial Services, LLC

Value ($000) $2,300 (-6.8%) Shares 293,404 (-5.6%)

1607 Capital Partners, LLC

Value ($000) $1,060 (-21.1%) Shares 135,244 (-20.1%)

Worth Asset Management, LLC

Value ($000) $118 (-25.2%) Shares 15,049 (-24.2%)

STIFEL FINANCIAL CORP

Value ($000) $932 (-25.2%) Shares 118,847 (-24.2%)

NewEdge Advisors, LLC

Value ($000) $1,021 (-8.5%) Shares 130,206 (-7.2%)

MORGAN STANLEY

Value ($000) $2,109 (-3.3%) Shares 268,980 (-2.0%)

SeaCrest Wealth Management, LLC

Value ($000) $375 (-3.5%) Shares 47,575 (-2.3%)

BANK OF AMERICA CORP /DE/

Value ($000) $61 (-26.4%) Shares 7,780 (-25.5%)

COMERICA BANK

Value ($000) $36 (-21.3%) Shares 4,639 (-20.3%)

UBS Group AG

Value ($000) $149 (-3.0%) Shares 18,978 (-1.7%)

Cambridge Investment Research Advisors, Inc.

Value ($000) $0 (-4.7%) Shares 59,325 (-3.5%)

Institution	Prev Shares	Curr Shares	Change
Shaker Financial Services, LLC	310,852	293,404	-17,448 (-5.6%)
1607 Capital Partners, LLC	169,244	135,244	-34,000 (-20.1%)
Worth Asset Management, LLC	19,864	15,049	-4,815 (-24.2%)
STIFEL FINANCIAL CORP	156,833	118,847	-37,986 (-24.2%)
NewEdge Advisors, LLC	140,371	130,206	-10,165 (-7.2%)
MORGAN STANLEY	274,506	268,980	-5,526 (-2.0%)
SeaCrest Wealth Management, LLC	48,704	47,575	-1,129 (-2.3%)
BANK OF AMERICA CORP /DE/	10,440	7,780	-2,660 (-25.5%)
COMERICA BANK	5,818	4,639	-1,179 (-20.3%)
UBS Group AG	19,305	18,978	-327 (-1.7%)
Cambridge Investment Research Advisors, Inc.	61,485	59,325	-2,160 (-3.5%)

Exited Positions (2)

Mach-1 Financial Group, LLC

Value ($000) $91 Shares 11,427

ENVESTNET ASSET MANAGEMENT INC

Value ($000) $84 Shares 10,548

Institution	Prev Shares	Prev Value ($000)
Mach-1 Financial Group, LLC	11,427	$91
ENVESTNET ASSET MANAGEMENT INC	10,548	$84