AllianceBernstein Income Fund Inc
ACG
ACG was delisted on the 18th of April, 2016.
130 hedge funds and large institutions have $684M invested in AllianceBernstein Income Fund Inc in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 46 reducing their positions, and 18 closing their positions.
7% more capital invested
Capital invested by funds: $640M → $684M (+$44.5M)
3% less funds holding
Funds holding: 134 → 130 (-4)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
33% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$45.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$10.1M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$9.47M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$5.86M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Oxbow Advisors
Austin,
Texas
|
-$6.53M |
| 2 |
SCM
Saba Capital Management
New York
|
-$6.07M |
| 3 |
AIM
Assured Investment Management
New York
|
-$5.15M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$5.04M |
| 5 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
-$3.01M |
ACG Hedge Fund Activity: Q3 2014 in Review
130 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Income Fund Inc (ACG) for Q3 2014, worth a combined $684M — up 7% from $640M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of ACG and 14 opened new positions — a net loss of 4 holders — while 46 trimmed existing stakes and 31 added.
The largest buyer was AllianceBernstein, adding an estimated $45.6M. The largest seller was Oxbow Advisors, cutting an estimated $6.53M.
- 130 institutional investors held AllianceBernstein Income Fund Inc (ACG) as of Q3 2014, down from 134 in Q2 2014.
- Funds reported $684M of AllianceBernstein Income Fund Inc stock for Q3 2014, up 7% quarter-over-quarter.
- 14 funds opened new AllianceBernstein Income Fund Inc positions in Q3 2014 and 18 closed out, a net change of -4 holders.
- The largest AllianceBernstein Income Fund Inc buyer in Q3 2014 was AllianceBernstein, an estimated $45.6M added.
- The largest AllianceBernstein Income Fund Inc seller in Q3 2014 was Oxbow Advisors, an estimated $6.53M sold.
Based on aggregated 13F filings for Q3 2014.