VIRTUS ADVISERS, LLC

Q4 2015 13F Combination Report, Options Holdings

Signature - Title: Chetram Persaud - Chief Compliance Officer
Location: New York, NY
Options holdings as of: 31 Dec 2015
Notional value: $4,510,000
Number of holdings: 4
Filing time: 16 Feb 2016, 12:47:04 UTC
Description: A portion of the US holdings for this investor are reported in this report and a portion are reported by other reporting manager(s).
Next filing: Q1 2016 - 16 May 2016
Stock holdings: Showing options holdings, see here for stock holdings

Sym	Company	Class	Option	Share Change	Activity	* Price $	Shares	Notional Value

Compare Q4 2015 to

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Chetram Persaud	Chief Compliance Officer	New York, New York	12 Feb 2016

List of Other Managers Reporting for VIRTUS ADVISERS, LLC:

Name	Holdings Value	Location	File Number
Tuttle Capital Management, LLC	$45,218,116	Riverside, CT	028-16136