Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
50 hedge funds and large institutions have $92.5M invested in Virtus Artificial Intelligence & Technology Opportunities Fund in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 9 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
5% less capital invested
Capital invested by funds: $97.3M → $92.5M (-$4.81M)
1.98% less ownership
Funds ownership: 17.5% → 15.51% (-2%)
11% less funds holding
Funds holding: 56 → 50 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.22M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$950K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$612K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$578K |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$7.75M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.36M |
| 3 |
QC
Quantedge Capital
Singapore
|
-$1.22M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$831K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$577K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
51
Cornerstone Advisors
Asheville,
North Carolina
| – | -$7.75M | -478,689 | Closed |
|
|
WAM
52
Wolverine Asset Management
Chicago,
Illinois
| – | -$3.36M | -207,775 | Closed |
|
|
LCM
53
Landscape Capital Management
Englewood,
New Jersey
| – | -$577K | -35,639 | Closed |
|
|
SFS
54
Shaker Financial Services
Arlington,
Virginia
| – | -$436K | -26,666 | Closed |
|
55
Cohen & Steers
New York
| – | -$290K | -17,933 | Closed |
|
56
Rockefeller Capital Management
New York
| – | -$109K | -6,794 | Closed |
|
|
MCC
57
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$24.3K | -1,500 | Closed |
|
|
MRCM
58
M&R Capital Management
Summit,
New Jersey
| – | -$23.6K | -1,456 | Closed |
|
|
SWM
59
Sugarloaf Wealth Management
Duluth,
Georgia
| – | -$4.53K | -280 | Closed |
|
AIO Hedge Fund Activity: Q1 2023 in Review
50 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) for Q1 2023, worth a combined $92.5M — down 4.9% from $97.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of AIO and 3 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 24 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.22M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $7.75M sold.
- 50 institutional investors held Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) as of Q1 2023, down from 56 in Q4 2022.
- Funds reported $92.5M of Virtus Artificial Intelligence & Technology Opportunities Fund stock for Q1 2023, down 4.9% quarter-over-quarter.
- 3 funds opened new Virtus Artificial Intelligence & Technology Opportunities Fund positions in Q1 2023 and 9 closed out, a net change of -6 holders.
- The largest Virtus Artificial Intelligence & Technology Opportunities Fund buyer in Q1 2023 was 1607 Capital Partners, an estimated $1.22M added.
- The largest Virtus Artificial Intelligence & Technology Opportunities Fund seller in Q1 2023 was Cornerstone Advisors, an estimated $7.75M sold.
Based on aggregated 13F filings for Q1 2023.