Allianzgi Global Equity & Conv Inc Fund
NGZ
NGZ was delisted on the 24th of January, 2014.
20 hedge funds and large institutions have $31M invested in Allianzgi Global Equity & Conv Inc Fund in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
34% more capital invested
Capital invested by funds: $23.2M → $31M (+$7.83M)
25% more funds holding
Funds holding: 16 → 20 (+4)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.27M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.32M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$360K |
| 4 |
SG Americas Securities
New York
|
+$243K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$106K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$101K |
| 3 |
B
Baird
Milwaukee,
Wisconsin
|
-$74.7K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$26.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$22K |
NGZ Hedge Fund Activity: Q4 2013 in Review
20 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Allianzgi Global Equity & Conv Inc Fund (NGZ) for Q4 2013, worth a combined $31M — up 34% from $23.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new NGZ positions and 2 closed out — a net gain of 4 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $3.27M. The largest seller was Morgan Stanley, cutting an estimated $106K.
- 20 institutional investors held Allianzgi Global Equity & Conv Inc Fund (NGZ) as of Q4 2013, up from 16 in Q3 2013.
- Funds reported $31M of Allianzgi Global Equity & Conv Inc Fund stock for Q4 2013, up 34% quarter-over-quarter.
- 6 funds opened new Allianzgi Global Equity & Conv Inc Fund positions in Q4 2013 and 2 closed out, a net change of +4 holders.
- The largest Allianzgi Global Equity & Conv Inc Fund buyer in Q4 2013 was Advisors Asset Management, an estimated $3.27M added.
- The largest Allianzgi Global Equity & Conv Inc Fund seller in Q4 2013 was Morgan Stanley, an estimated $106K sold.
Based on aggregated 13F filings for Q4 2013.