Alliance New York Income Fund
AYN
AYN was delisted on the 5th of August, 2015.
22 hedge funds and large institutions have $8.8M invested in Alliance New York Income Fund in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
27% more capital invested
Capital invested by funds: $6.94M → $8.8M (+$1.87M)
22% more funds holding
Funds holding: 18 → 22 (+4)
3.5% more ownership
Funds ownership: 11.88% → 15.38% (+3.5%)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.28M |
| 2 |
6CM
683 Capital Management
New York
|
+$489K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$247K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$246K |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$495K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$188K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$129K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$122K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$85.6K |
AYN Hedge Fund Activity: Q4 2013 in Review
22 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Alliance New York Income Fund (AYN) for Q4 2013, worth a combined $8.8M — up 27% from $6.94M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new AYN positions and 2 closed out — a net gain of 4 holders — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.28M. The largest seller was Morgan Stanley, cutting an estimated $495K.
- 22 institutional investors held Alliance New York Income Fund (AYN) as of Q4 2013, up from 18 in Q3 2013.
- Funds reported $8.8M of Alliance New York Income Fund stock for Q4 2013, up 27% quarter-over-quarter.
- 6 funds opened new Alliance New York Income Fund positions in Q4 2013 and 2 closed out, a net change of +4 holders.
- The largest Alliance New York Income Fund buyer in Q4 2013 was Karpus Investment Management, an estimated $1.28M added.
- The largest Alliance New York Income Fund seller in Q4 2013 was Morgan Stanley, an estimated $495K sold.
Based on aggregated 13F filings for Q4 2013.