AllianceBernstein Global High Income Fund
AWF
88 hedge funds and large institutions have $174M invested in AllianceBernstein Global High Income Fund in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
7% more funds holding
Funds holding: 82 → 88 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $181M → $174M (-$6.96M)
1.57% less ownership
Funds ownership: 17.96% → 16.39% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.13M |
| 2 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$1.94M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.03M |
| 4 |
CFP
Cornerstone Financial Partners
Huntersville,
North Carolina
|
+$969K |
| 5 |
Cohen & Steers
New York
|
+$821K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$10.5M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.1M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.93M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.69M |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.68M |
AWF Hedge Fund Activity: Q2 2016 in Review
88 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in AllianceBernstein Global High Income Fund (AWF) for Q2 2016, worth a combined $174M — down 3.9% from $181M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new AWF positions and 10 closed out — a net gain of 6 holders — while 25 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.13M. The largest seller was Rivernorth Capital Management, cutting an estimated $10.5M.
- 88 institutional investors held AllianceBernstein Global High Income Fund (AWF) as of Q2 2016, up from 82 in Q1 2016.
- Funds reported $174M of AllianceBernstein Global High Income Fund stock for Q2 2016, down 3.9% quarter-over-quarter.
- 16 funds opened new AllianceBernstein Global High Income Fund positions in Q2 2016 and 10 closed out, a net change of +6 holders.
- The largest AllianceBernstein Global High Income Fund buyer in Q2 2016 was Morgan Stanley, an estimated $2.13M added.
- The largest AllianceBernstein Global High Income Fund seller in Q2 2016 was Rivernorth Capital Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2016.