Allianzgi Global Equity & Conv Inc Fund
NGZ
NGZ was delisted on the 24th of January, 2014.
16 hedge funds and large institutions have $23.2M invested in Allianzgi Global Equity & Conv Inc Fund in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
39% more capital invested
Capital invested by funds: $16.6M → $23.2M (+$6.55M)
20% less funds holding
Funds holding: 20 → 16 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$5.44M |
| 2 |
Morgan Stanley
New York
|
+$344K |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
+$179K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$58.6K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$54.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$562K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$299K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$195K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$41.2K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$38.3K |
NGZ Hedge Fund Activity: Q3 2013 in Review
16 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Allianzgi Global Equity & Conv Inc Fund (NGZ) for Q3 2013, worth a combined $23.2M — up 39% from $16.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NGZ and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 6 added.
The largest buyer was Advisors Asset Management, adding an estimated $5.44M. The largest seller was Doliver Advisors, exiting entirely with an estimated $562K sold.
- 16 institutional investors held Allianzgi Global Equity & Conv Inc Fund (NGZ) as of Q3 2013, down from 20 in Q2 2013.
- Funds reported $23.2M of Allianzgi Global Equity & Conv Inc Fund stock for Q3 2013, up 39% quarter-over-quarter.
- 1 fund opened new Allianzgi Global Equity & Conv Inc Fund positions in Q3 2013 and 5 closed out, a net change of -4 holders.
- The largest Allianzgi Global Equity & Conv Inc Fund buyer in Q3 2013 was Advisors Asset Management, an estimated $5.44M added.
- The largest Allianzgi Global Equity & Conv Inc Fund seller in Q3 2013 was Doliver Advisors, an estimated $562K sold.
Based on aggregated 13F filings for Q3 2013.