AllianceBernstein Income Fund Inc
ACG
ACG was delisted on the 18th of April, 2016.
122 hedge funds and large institutions have $738M invested in AllianceBernstein Income Fund Inc in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 16 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
6% more capital invested
Capital invested by funds: $699M → $738M (+$38.8M)
3% less funds holding
Funds holding: 126 → 122 (-4)
13% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 38
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$8.64M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.06M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.33M |
| 4 |
RVPG
Relative Value Partners Group
|
+$6.3M |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.93M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$2.58M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.36M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.1M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.77M |
ACG Hedge Fund Activity: Q1 2016 in Review
122 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Income Fund Inc (ACG) for Q1 2016, worth a combined $738M — up 5.5% from $699M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ACG and 12 opened new positions — a net loss of 4 holders — while 38 trimmed existing stakes and 33 added.
The largest buyer was Weiss Asset Management, adding an estimated $8.64M. The largest seller was Karpus Investment Management, cutting an estimated $4.93M.
- 122 institutional investors held AllianceBernstein Income Fund Inc (ACG) as of Q1 2016, down from 126 in Q4 2015.
- Funds reported $738M of AllianceBernstein Income Fund Inc stock for Q1 2016, up 5.5% quarter-over-quarter.
- 12 funds opened new AllianceBernstein Income Fund Inc positions in Q1 2016 and 16 closed out, a net change of -4 holders.
- The largest AllianceBernstein Income Fund Inc buyer in Q1 2016 was Weiss Asset Management, an estimated $8.64M added.
- The largest AllianceBernstein Income Fund Inc seller in Q1 2016 was Karpus Investment Management, an estimated $4.93M sold.
Based on aggregated 13F filings for Q1 2016.