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AKP

Alliance Californa Muni Fd
AKP

Delisted

AKP was delisted on the 2nd of May, 2019.

26 hedge funds and large institutions have $44M invested in Alliance Californa Muni Fd in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $40.5M → $44M (+$3.56M)

4% less funds holding

Funds holding: 2726 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

50% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 12

Holders
26
Holders Change
-1
Holders Change %
-3.7%
% of All Funds
0.56%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
4
Increased
6
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BI
1
Bulldog Investors
New Jersey
$15M -$1.04M -72,933 -7%
RCM
2
Rivernorth Capital Management
Florida
$8.63M -$3.48M -244,316 -29%
SIA
3
Sit Investment Associates
Minnesota
$4.22M +$2.86M +200,711 +237%
IA
4
Icon Advisers
Colorado
$3.72M +$3.59M +251,962 New
AC
5
Almitas Capital
California
$2.51M -$1.44M -101,100 -37%
GC
6
Guggenheim Capital
Illinois
$2.29M -$125K -8,754 -5%
AAM
7
Advisors Asset Management
Colorado
$1.44M -$350K -24,610 -20%
Wells Fargo
8
Wells Fargo
California
$987K -$46K -3,234 -5%
YCM
9
Yakira Capital Management
Connecticut
$967K +$932K +65,453 New
Morgan Stanley
10
Morgan Stanley
New York
$959K -$42.8K -3,005 -4%
Bank of America
11
Bank of America
North Carolina
$561K +$1.38K +97 +0.3%
BFM
12
Boothbay Fund Management
New York
$502K +$93.4K +6,564 +24%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$365K +$71.2K +5,005 +25%
RJA
14
Raymond James & Associates
Florida
$281K -$11.3K -797 -4%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$276K
Invesco
16
Invesco
Georgia
$216K -$2.45K -172 -1%
UBS Group
17
UBS Group
Switzerland
$214K +$171 +12 +0.1%
AA
18
AQR Arbitrage
Connecticut
$195K -$81.8K -5,748 -30%
WAM
19
Wolverine Asset Management
Illinois
$178K +$172K +12,053 New
TCM
20
Tradewinds Capital Management
Washington
$148K
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$121K -$71.6K -5,031 -38%
GSWM
22
Golden State Wealth Management
California
$89K +$86.2K +6,054 New
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$84K +$47.1K +3,309 +138%
WT
24
Whittier Trust
California
$44K
Northwestern Mutual Wealth Management
25
Northwestern Mutual Wealth Management
Wisconsin
$28K -$93K -6,532 -78%

AKP Hedge Fund Activity: Q1 2019 in Review

26 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Alliance Californa Muni Fd (AKP) for Q1 2019, worth a combined $44M — up 8.8% from $40.5M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of AKP and 4 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 6 added.

The largest buyer was Icon Advisers, opening a new position worth an estimated $3.59M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.48M.

  • 26 institutional investors held Alliance Californa Muni Fd (AKP) as of Q1 2019, down from 27 in Q4 2018.
  • Funds reported $44M of Alliance Californa Muni Fd stock for Q1 2019, up 8.8% quarter-over-quarter.
  • 4 funds opened new Alliance Californa Muni Fd positions in Q1 2019 and 5 closed out, a net change of -1 holder.
  • The largest Alliance Californa Muni Fd buyer in Q1 2019 was Icon Advisers, an estimated $3.59M added.
  • The largest Alliance Californa Muni Fd seller in Q1 2019 was Rivernorth Capital Management, an estimated $3.48M sold.

Based on aggregated 13F filings for Q1 2019.