AllianceBernstein Income Fund Inc
ACG
ACG was delisted on the 18th of April, 2016.
134 hedge funds and large institutions have $640M invested in AllianceBernstein Income Fund Inc in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 16 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
11% more capital invested
Capital invested by funds: $578M → $640M (+$62.1M)
1% less funds holding
Funds holding: 136 → 134 (-2)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
+$31.6M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$24.8M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$16.4M |
| 4 |
Citigroup
New York
|
+$9.16M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$46.4M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$15.6M |
| 3 |
TAM
Trust Asset Management
Houston,
Texas
|
-$4.03M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.09M |
| 5 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
-$2.98M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
M&T Bank
Buffalo,
New York
| – | -$15K | -2,000 | Closed |
|
|
FNBT
152
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$14K | -1,900 | Closed |
|
ACG Hedge Fund Activity: Q2 2014 in Review
134 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Income Fund Inc (ACG) for Q2 2014, worth a combined $640M — up 11% from $578M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ACG and 14 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 44 added.
The largest buyer was Oak Hill Advisors, adding an estimated $31.6M. The largest seller was Luxor Capital Group, exiting entirely with an estimated $46.4M sold.
- 134 institutional investors held AllianceBernstein Income Fund Inc (ACG) as of Q2 2014, down from 136 in Q1 2014.
- Funds reported $640M of AllianceBernstein Income Fund Inc stock for Q2 2014, up 11% quarter-over-quarter.
- 14 funds opened new AllianceBernstein Income Fund Inc positions in Q2 2014 and 16 closed out, a net change of -2 holders.
- The largest AllianceBernstein Income Fund Inc buyer in Q2 2014 was Oak Hill Advisors, an estimated $31.6M added.
- The largest AllianceBernstein Income Fund Inc seller in Q2 2014 was Luxor Capital Group, an estimated $46.4M sold.
Based on aggregated 13F filings for Q2 2014.