AllianceBernstein
119 hedge funds and large institutions have $563M invested in AllianceBernstein in 2013 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 26 reducing their positions, and 24 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 26
33% more call options, than puts
Call options by funds: $5.56M | Put options by funds: $4.19M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.04% less ownership
Funds ownership: 28.81% → 26.76% (-2%)
4% less funds holding
Funds holding: 124 → 119 (-5)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
35% less capital inflows, than outflows
Capital inflows: $72.9M | Capital outflows: $113M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Contrarius Investment Management
St. Helier,
Jersey
|
+$19.7M |
| 2 |
ING Group
Amsterdam,
Netherlands
|
+$12.8M |
| 3 |
Levin Capital Strategies
New York
|
+$10.3M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$6.96M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$66.6M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
-$10.8M |
| 3 |
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$8.02M |
| 4 |
Waddell & Reed Financial
Overland Park,
Kansas
|
-$5.55M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$4.48M |
AB Hedge Fund Activity: Q3 2013 in Review
119 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein (AB) for Q3 2013, worth a combined $563M — down 11% from $631M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of AB and 20 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 41 added.
The largest buyer was Contrarius Investment Management, adding an estimated $19.7M. The largest seller was Fidelity Investments, cutting an estimated $66.6M.
- 119 institutional investors held AllianceBernstein (AB) as of Q3 2013, down from 124 in Q2 2013.
- Funds reported $563M of AllianceBernstein stock for Q3 2013, down 11% quarter-over-quarter.
- 20 funds opened new AllianceBernstein positions in Q3 2013 and 24 closed out, a net change of -4 holders.
- The largest AllianceBernstein buyer in Q3 2013 was Contrarius Investment Management, an estimated $19.7M added.
- The largest AllianceBernstein seller in Q3 2013 was Fidelity Investments, an estimated $66.6M sold.
Based on aggregated 13F filings for Q3 2013.