Liberty All-Star Equity Fund
79 hedge funds and large institutions have $262M invested in Liberty All-Star Equity Fund in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 10 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
13% more capital invested
Capital invested by funds: $232M → $262M (+$29.8M)
5% more funds holding
Funds holding: 75 → 79 (+4)
2.26% more ownership
Funds ownership: 22.9% → 25.17% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.9M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$2.94M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.11M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.88M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.8M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$3.67M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.16M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.93M |
USA Hedge Fund Activity: Q4 2013 in Review
79 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q4 2013, worth a combined $262M — up 13% from $232M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new USA positions and 10 closed out — a net gain of 5 holders — while 28 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.9M. The largest seller was Sit Investment Associates, cutting an estimated $5.8M.
- 79 institutional investors held Liberty All-Star Equity Fund (USA) as of Q4 2013, up from 75 in Q3 2013.
- Funds reported $262M of Liberty All-Star Equity Fund stock for Q4 2013, up 13% quarter-over-quarter.
- 15 funds opened new Liberty All-Star Equity Fund positions in Q4 2013 and 10 closed out, a net change of +5 holders.
- The largest Liberty All-Star Equity Fund buyer in Q4 2013 was Morgan Stanley, an estimated $10.9M added.
- The largest Liberty All-Star Equity Fund seller in Q4 2013 was Sit Investment Associates, an estimated $5.8M sold.
Based on aggregated 13F filings for Q4 2013.