AllianceBernstein Global High Income Fund
AWF
67 hedge funds and large institutions have $116M invested in AllianceBernstein Global High Income Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 12 closing their positions.
13% more capital invested
Capital invested by funds: $102M → $116M (+$13.7M)
1.06% more ownership
Funds ownership: 7.94% → 9% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 74 → 67 (-7)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$7.74M |
| 2 |
SCM
Saba Capital Management
New York
|
+$4.52M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2.68M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.04M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$784K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.3M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.12M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$775K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$661K |
| 5 |
LPL Financial
San Diego,
California
|
-$597K |
AWF Hedge Fund Activity: Q3 2013 in Review
67 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Global High Income Fund (AWF) for Q3 2013, worth a combined $116M — up 13% from $102M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of AWF and 5 opened new positions — a net loss of 7 holders — while 27 trimmed existing stakes and 23 added.
The largest buyer was Guggenheim Capital, adding an estimated $7.74M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.3M.
- 67 institutional investors held AllianceBernstein Global High Income Fund (AWF) as of Q3 2013, down from 74 in Q2 2013.
- Funds reported $116M of AllianceBernstein Global High Income Fund stock for Q3 2013, up 13% quarter-over-quarter.
- 5 funds opened new AllianceBernstein Global High Income Fund positions in Q3 2013 and 12 closed out, a net change of -7 holders.
- The largest AllianceBernstein Global High Income Fund buyer in Q3 2013 was Guggenheim Capital, an estimated $7.74M added.
- The largest AllianceBernstein Global High Income Fund seller in Q3 2013 was Raymond James Financial Services Advisors, an estimated $1.3M sold.
Based on aggregated 13F filings for Q3 2013.