Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
30 hedge funds and large institutions have $47.6M invested in Virtus Artificial Intelligence & Technology Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, reducing their positions, and 1 closing their positions.
1,700% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 1
322% more capital invested
Capital invested by funds: $11.3M → $47.6M (+$36.3M)
131% more funds holding
Funds holding: 13 → 30 (+17)
7.85% more ownership
Funds ownership: 1.83% → 9.68% (+7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$9.92M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.3M |
| 3 |
Morgan Stanley
New York
|
+$6.31M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.46M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
-$50K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $32K | +$37.3K | +2,016 | New |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $16K | +$18.5K | +1,000 | New |
|
|
LC
28
Lindbrook Capital
Calabasas,
California
| $8K | +$9.25K | +500 | New |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $5K | +$5.55K | +300 | New |
|
|
CFG
30
Citizens Financial Group
Providence,
Rhode Island
| – | -$50K | -2,500 | Closed |
|
31
Fidelity Investments
Boston,
Massachusetts
| – | +$19 | +1 | New |
|
AIO Hedge Fund Activity: Q1 2020 in Review
30 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) for Q1 2020, worth a combined $47.6M — up 322% from $11.3M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new AIO positions and 1 closed out — a net gain of 17 holders — while 11 added to existing stakes and 0 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $9.92M. The largest seller was Citizens Financial Group, exiting entirely with an estimated $50K sold.
- 30 institutional investors held Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) as of Q1 2020, up from 13 in Q4 2019.
- Funds reported $47.6M of Virtus Artificial Intelligence & Technology Opportunities Fund stock for Q1 2020, up 322% quarter-over-quarter.
- 18 funds opened new Virtus Artificial Intelligence & Technology Opportunities Fund positions in Q1 2020 and 1 closed out, a net change of +17 holders.
- The largest Virtus Artificial Intelligence & Technology Opportunities Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $9.92M added.
- The largest Virtus Artificial Intelligence & Technology Opportunities Fund seller in Q1 2020 was Citizens Financial Group, an estimated $50K sold.
Based on aggregated 13F filings for Q1 2020.