AllianceBernstein Income Fund Inc
ACG
ACG was delisted on the 18th of April, 2016.
129 hedge funds and large institutions have $432M invested in AllianceBernstein Income Fund Inc in 2013 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 32 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
56% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 32
12% more capital invested
Capital invested by funds: $384M → $432M (+$47.2M)
6% more funds holding
Funds holding: 122 → 129 (+7)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$18M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$13.8M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$7.28M |
| 4 |
AIM
Assured Investment Management
New York
|
+$6.86M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$3.34M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.78M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.11M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.75M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.62M |
ACG Hedge Fund Activity: Q3 2013 in Review
129 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Income Fund Inc (ACG) for Q3 2013, worth a combined $432M — up 12% from $384M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ACG positions and 12 closed out — a net gain of 9 holders — while 50 added to existing stakes and 32 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $18M. The largest seller was UBS, cutting an estimated $3.34M.
- 129 institutional investors held AllianceBernstein Income Fund Inc (ACG) as of Q3 2013, up from 122 in Q2 2013.
- Funds reported $432M of AllianceBernstein Income Fund Inc stock for Q3 2013, up 12% quarter-over-quarter.
- 21 funds opened new AllianceBernstein Income Fund Inc positions in Q3 2013 and 12 closed out, a net change of +9 holders.
- The largest AllianceBernstein Income Fund Inc buyer in Q3 2013 was Karpus Investment Management, an estimated $18M added.
- The largest AllianceBernstein Income Fund Inc seller in Q3 2013 was UBS, an estimated $3.34M sold.
Based on aggregated 13F filings for Q3 2013.