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ACG

AllianceBernstein Income Fund Inc
ACG

Delisted

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.

New
Increased
Maintained
Reduced
Closed

17% more capital invested

Capital invested by funds: $496M → $578M (+$82.2M)

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

14% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 21

2% more funds holding

Funds holding: 133136 (+3)

19% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 42

Holders
136
Holders Change
+3
Holders Change %
+2.26%
% of All Funds
3.93%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.23%
New
24
Increased
34
Reduced
42
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$77.4M -$7.18M -973,369 -8%
Wells Fargo
2
Wells Fargo
California
$67.1M +$701K +94,957 +1%
LCG
3
Luxor Capital Group
New York
$46.4M +$46.6M +6,321,490 New
1CP
4
1607 Capital Partners
Virginia
$32.3M -$3.07M -416,689 -9%
RVP
5
Relative Value Partners
Illinois
$30.8M -$8.9M -1,206,235 -22%
FIMG
6
Financial & Investment Management Group
Michigan
$27.6M +$8.32M +1,127,423 +43%
First Eagle Investment Management
7
First Eagle Investment Management
New York
$23.7M +$12.8M +1,728,239 +115%
OA
8
Oxbow Advisors
Texas
$22.7M -$56.6K -7,667 -0.2%
WA
9
Whitebox Advisors
Minnesota
$20.5M +$20.6M +2,789,707 New
Invesco
10
Invesco
Georgia
$20.1M -$1.63M -220,531 -7%
PPA
11
Parametric Portfolio Associates
Washington
$18.2M +$8.26M +1,119,127 +82%
Bank of America
12
Bank of America
North Carolina
$15.8M +$1.59M +215,712 +11%
SIA
13
Sit Investment Associates
Minnesota
$15.4M +$998K +135,300 +7%
OHA
14
Oak Hill Advisors
New York
$13.5M +$13.6M +1,845,334 New
Morgan Stanley
15
Morgan Stanley
New York
$11.7M +$637K +86,381 +6%
BI
16
Bulldog Investors
New Jersey
$10.8M -$3.14M -425,870 -22%
SCM
17
Saba Capital Management
New York
$7.73M -$1.01M -137,200 -12%
TAM
18
Trust Asset Management
Texas
$7.69M +$7.73M +1,048,083 New
HK
19
Horizon Kinetics
New York
$6.96M +$1.11M +150,000 +19%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$6.55M +$6.59M +892,905 New
NVIM
21
New Vernon Investment Management
Illinois
$5.89M +$5.93M +803,000 New
U
22
UBS
Switzerland
$5.74M -$1.05M -141,828 -15%
AIM
23
Assured Investment Management
New York
$5.03M -$5.06M -685,170 -50%
Citigroup
24
Citigroup
New York
$4.85M +$3.65M +494,271 +297%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$4.84M -$173K -23,424 -3%

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.