AllianceBernstein Income Fund Inc
ACG
ACG was delisted on the 18th of April, 2016.
136 hedge funds and large institutions have $601M invested in AllianceBernstein Income Fund Inc in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 41 increasing their positions, 50 reducing their positions, and 14 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2% less capital invested
Capital invested by funds: $616M → $601M (-$15.1M)
2% less funds holding
Funds holding: 139 → 136 (-3)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
18% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$14M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.61M |
| 3 |
Goldman Sachs
New York
|
+$3.01M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.27M |
| 5 |
Morgan Stanley
New York
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OHA
Oak Hill Advisors
New York
|
-$34.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$13.9M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$8.31M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.86M |
ACG Hedge Fund Activity: Q1 2015 in Review
136 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Income Fund Inc (ACG) for Q1 2015, worth a combined $601M — down 2.5% from $616M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ACG and 12 opened new positions — a net loss of 2 holders — while 50 trimmed existing stakes and 41 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $14M. The largest seller was Oak Hill Advisors, exiting entirely with an estimated $34.3M sold.
- 136 institutional investors held AllianceBernstein Income Fund Inc (ACG) as of Q1 2015, down from 139 in Q4 2014.
- Funds reported $601M of AllianceBernstein Income Fund Inc stock for Q1 2015, down 2.5% quarter-over-quarter.
- 12 funds opened new AllianceBernstein Income Fund Inc positions in Q1 2015 and 14 closed out, a net change of -2 holders.
- The largest AllianceBernstein Income Fund Inc buyer in Q1 2015 was Rivernorth Capital Management, an estimated $14M added.
- The largest AllianceBernstein Income Fund Inc seller in Q1 2015 was Oak Hill Advisors, an estimated $34.3M sold.
Based on aggregated 13F filings for Q1 2015.