Liberty All-Star Equity Fund
131 hedge funds and large institutions have $178M invested in Liberty All-Star Equity Fund in 2019 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 38 increasing their positions, 28 reducing their positions, and 18 closing their positions.
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
36% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 28
8% more funds holding
Funds holding: 121 → 131 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $185M → $178M (-$6.9M)
1.28% less ownership
Funds ownership: 14.15% → 12.87% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$10.2M |
| 2 |
BP
BBR Partners
New York
|
+$2.64M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.63M |
| 4 |
JAM
Jolley Asset Management
Rocky Mount,
North Carolina
|
+$933K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$618K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$14.6M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$10.1M |
| 3 |
Lazard Asset Management
New York
|
-$3.86M |
| 4 |
Morgan Stanley
New York
|
-$2.58M |
| 5 |
RVPG
Relative Value Partners Group
|
-$2.34M |
USA Hedge Fund Activity: Q4 2019 in Review
131 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q4 2019, worth a combined $178M — down 3.7% from $185M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new USA positions and 18 closed out — a net gain of 13 holders — while 38 added to existing stakes and 28 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $10.2M. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $14.6M sold.
- 131 institutional investors held Liberty All-Star Equity Fund (USA) as of Q4 2019, up from 121 in Q3 2019.
- Funds reported $178M of Liberty All-Star Equity Fund stock for Q4 2019, down 3.7% quarter-over-quarter.
- 31 funds opened new Liberty All-Star Equity Fund positions in Q4 2019 and 18 closed out, a net change of +13 holders.
- The largest Liberty All-Star Equity Fund buyer in Q4 2019 was Penserra Capital Management, an estimated $10.2M added.
- The largest Liberty All-Star Equity Fund seller in Q4 2019 was 1607 Capital Partners, an estimated $14.6M sold.
Based on aggregated 13F filings for Q4 2019.