Liberty All-Star Equity Fund
126 hedge funds and large institutions have $259M invested in Liberty All-Star Equity Fund in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 57 increasing their positions, 31 reducing their positions, and 19 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.6% less ownership
Funds ownership: 20.88% → 18.28% (-2.6%)
5% less funds holding
Funds holding: 132 → 126 (-6)
6% less capital invested
Capital invested by funds: $275M → $259M (-$16.5M)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.46M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.15M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$989K |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$822K |
| 5 |
LPL Financial
San Diego,
California
|
+$747K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$18.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.52M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.42M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.23M |
USA Hedge Fund Activity: Q3 2018 in Review
126 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q3 2018, worth a combined $259M — down 6% from $275M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of USA and 13 opened new positions — a net loss of 6 holders — while 31 trimmed existing stakes and 57 added.
The largest buyer was Morgan Stanley, adding an estimated $7.46M. The largest seller was Lazard Asset Management, cutting an estimated $18.5M.
- 126 institutional investors held Liberty All-Star Equity Fund (USA) as of Q3 2018, down from 132 in Q2 2018.
- Funds reported $259M of Liberty All-Star Equity Fund stock for Q3 2018, down 6% quarter-over-quarter.
- 13 funds opened new Liberty All-Star Equity Fund positions in Q3 2018 and 19 closed out, a net change of -6 holders.
- The largest Liberty All-Star Equity Fund buyer in Q3 2018 was Morgan Stanley, an estimated $7.46M added.
- The largest Liberty All-Star Equity Fund seller in Q3 2018 was Lazard Asset Management, an estimated $18.5M sold.
Based on aggregated 13F filings for Q3 2018.