Liberty All-Star Equity Fund
119 hedge funds and large institutions have $348M invested in Liberty All-Star Equity Fund in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 38 reducing their positions, and 17 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 38
0% less capital invested
Capital invested by funds: $348M → $348M (-$526K)
2.23% less ownership
Funds ownership: 32.47% → 30.25% (-2.2%)
3% less funds holding
Funds holding: 123 → 119 (-4)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$16.3M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.81M |
| 3 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
+$2.15M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.42M |
| 5 |
Cohen & Steers
New York
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$11.3M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$5.72M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$4.13M |
| 4 |
Lazard Asset Management
New York
|
-$3.77M |
| 5 |
Morgan Stanley
New York
|
-$3.53M |
USA Hedge Fund Activity: Q3 2017 in Review
119 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q3 2017, worth a combined $348M — down 0.15% from $348M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of USA and 15 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 47 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $16.3M. The largest seller was Karpus Investment Management, cutting an estimated $11.3M.
- 119 institutional investors held Liberty All-Star Equity Fund (USA) as of Q3 2017, down from 123 in Q2 2017.
- Funds reported $348M of Liberty All-Star Equity Fund stock for Q3 2017, down 0.15% quarter-over-quarter.
- 15 funds opened new Liberty All-Star Equity Fund positions in Q3 2017 and 17 closed out, a net change of -2 holders.
- The largest Liberty All-Star Equity Fund buyer in Q3 2017 was Rivernorth Capital Management, an estimated $16.3M added.
- The largest Liberty All-Star Equity Fund seller in Q3 2017 was Karpus Investment Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2017.