AllianceBernstein Income Fund Inc
ACG
ACG was delisted on the 18th of April, 2016.
136 hedge funds and large institutions have $578M invested in AllianceBernstein Income Fund Inc in 2014 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 34 increasing their positions, 42 reducing their positions, and 21 closing their positions.
17% more capital invested
Capital invested by funds: $496M → $578M (+$82.2M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
2% more funds holding
Funds holding: 133 → 136 (+3)
19% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$46.6M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$20.6M |
| 3 |
OHA
Oak Hill Advisors
New York
|
+$13.6M |
| 4 |
First Eagle Investment Management
New York
|
+$12.8M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$8.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$22.9M |
| 2 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$8.9M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.18M |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$6.1M |
| 5 |
AIM
Assured Investment Management
New York
|
-$5.06M |
ACG Hedge Fund Activity: Q1 2014 in Review
136 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Income Fund Inc (ACG) for Q1 2014, worth a combined $578M — up 17% from $496M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ACG positions and 21 closed out — a net gain of 3 holders — while 34 added to existing stakes and 42 trimmed.
The largest buyer was Luxor Capital Group, opening a new position worth an estimated $46.6M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $22.9M sold.
- 136 institutional investors held AllianceBernstein Income Fund Inc (ACG) as of Q1 2014, up from 133 in Q4 2013.
- Funds reported $578M of AllianceBernstein Income Fund Inc stock for Q1 2014, up 17% quarter-over-quarter.
- 24 funds opened new AllianceBernstein Income Fund Inc positions in Q1 2014 and 21 closed out, a net change of +3 holders.
- The largest AllianceBernstein Income Fund Inc buyer in Q1 2014 was Luxor Capital Group, an estimated $46.6M added.
- The largest AllianceBernstein Income Fund Inc seller in Q1 2014 was Rivernorth Capital Management, an estimated $22.9M sold.
Based on aggregated 13F filings for Q1 2014.