AllianceBernstein Income Fund Inc
ACG
ACG was delisted on the 18th of April, 2016.
133 hedge funds and large institutions have $496M invested in AllianceBernstein Income Fund Inc in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 29 increasing their positions, 53 reducing their positions, and 16 closing their positions.
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more capital invested
Capital invested by funds: $432M → $496M (+$64.5M)
3% more funds holding
Funds holding: 129 → 133 (+4)
45% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
+$16.2M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$15.8M |
| 3 |
First Eagle Investment Management
New York
|
+$10.6M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$8.79M |
| 5 |
SCM
Saba Capital Management
New York
|
+$8.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$12.4M |
| 2 |
Morgan Stanley
New York
|
-$7.54M |
| 3 |
TCM
Texan Capital Management
Houston,
Texas
|
-$2.07M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2M |
| 5 |
Barclays
London,
United Kingdom
|
-$1.7M |
ACG Hedge Fund Activity: Q4 2013 in Review
133 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Income Fund Inc (ACG) for Q4 2013, worth a combined $496M — up 15% from $432M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ACG positions and 16 closed out — a net gain of 6 holders — while 29 added to existing stakes and 53 trimmed.
The largest buyer was Oxbow Advisors, adding an estimated $16.2M. The largest seller was Financial & Investment Management Group, cutting an estimated $12.4M.
- 133 institutional investors held AllianceBernstein Income Fund Inc (ACG) as of Q4 2013, up from 129 in Q3 2013.
- Funds reported $496M of AllianceBernstein Income Fund Inc stock for Q4 2013, up 15% quarter-over-quarter.
- 22 funds opened new AllianceBernstein Income Fund Inc positions in Q4 2013 and 16 closed out, a net change of +6 holders.
- The largest AllianceBernstein Income Fund Inc buyer in Q4 2013 was Oxbow Advisors, an estimated $16.2M added.
- The largest AllianceBernstein Income Fund Inc seller in Q4 2013 was Financial & Investment Management Group, an estimated $12.4M sold.
Based on aggregated 13F filings for Q4 2013.