AllianceBernstein Global High Income Fund
AWF
95 hedge funds and large institutions have $165M invested in AllianceBernstein Global High Income Fund in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 33 reducing their positions, and 9 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
10% more capital invested
Capital invested by funds: $149M → $165M (+$15.5M)
2.91% more ownership
Funds ownership: 14.36% → 17.27% (+2.9%)
2% more funds holding
Funds holding: 93 → 95 (+2)
36% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$23.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$7.54M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.31M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.06M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$745K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.06M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.35M |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$1.21M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$931K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$768K |
AWF Hedge Fund Activity: Q3 2015 in Review
95 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Global High Income Fund (AWF) for Q3 2015, worth a combined $165M — up 10% from $149M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new AWF positions and 9 closed out — a net gain of 4 holders — while 21 added to existing stakes and 33 trimmed.
The largest buyer was McGowan Group Asset Management, opening a new position worth an estimated $23.6M. The largest seller was Newgate Capital Management, cutting an estimated $2.06M.
- 95 institutional investors held AllianceBernstein Global High Income Fund (AWF) as of Q3 2015, up from 93 in Q2 2015.
- Funds reported $165M of AllianceBernstein Global High Income Fund stock for Q3 2015, up 10% quarter-over-quarter.
- 13 funds opened new AllianceBernstein Global High Income Fund positions in Q3 2015 and 9 closed out, a net change of +4 holders.
- The largest AllianceBernstein Global High Income Fund buyer in Q3 2015 was McGowan Group Asset Management, an estimated $23.6M added.
- The largest AllianceBernstein Global High Income Fund seller in Q3 2015 was Newgate Capital Management, an estimated $2.06M sold.
Based on aggregated 13F filings for Q3 2015.