AllianceBernstein Income Fund Inc
ACG
ACG was delisted on the 18th of April, 2016.
139 hedge funds and large institutions have $616M invested in AllianceBernstein Income Fund Inc in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 49 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
7% more funds holding
Funds holding: 130 → 139 (+9)
10% less capital invested
Capital invested by funds: $684M → $616M (-$68.5M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
33% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$24.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$8.64M |
| 3 |
Citigroup
New York
|
+$3.94M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.93M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$45.8M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$21.6M |
| 3 |
OHA
Oak Hill Advisors
New York
|
-$12.7M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$6.73M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$6.69M |
ACG Hedge Fund Activity: Q4 2014 in Review
139 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Income Fund Inc (ACG) for Q4 2014, worth a combined $616M — down 10% from $684M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ACG positions and 9 closed out — a net gain of 13 holders — while 33 added to existing stakes and 49 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $24.5M. The largest seller was AllianceBernstein, cutting an estimated $45.8M.
- 139 institutional investors held AllianceBernstein Income Fund Inc (ACG) as of Q4 2014, up from 130 in Q3 2014.
- Funds reported $616M of AllianceBernstein Income Fund Inc stock for Q4 2014, down 10% quarter-over-quarter.
- 22 funds opened new AllianceBernstein Income Fund Inc positions in Q4 2014 and 9 closed out, a net change of +13 holders.
- The largest AllianceBernstein Income Fund Inc buyer in Q4 2014 was Sit Investment Associates, an estimated $24.5M added.
- The largest AllianceBernstein Income Fund Inc seller in Q4 2014 was AllianceBernstein, an estimated $45.8M sold.
Based on aggregated 13F filings for Q4 2014.