Liberty All-Star Equity Fund
82 hedge funds and large institutions have $257M invested in Liberty All-Star Equity Fund in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 5 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 20
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
4% more funds holding
Funds holding: 79 → 82 (+3)
0.07% less ownership
Funds ownership: 25.17% → 25.09% (-0.07%)
2% less capital invested
Capital invested by funds: $262M → $257M (-$4.61M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.17M |
| 2 |
Morgan Stanley
New York
|
+$1.73M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.43M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.13M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$916K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$4.56M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.07M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.6M |
| 4 |
SG Americas Securities
New York
|
-$1.36M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.04M |
USA Hedge Fund Activity: Q1 2014 in Review
82 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q1 2014, worth a combined $257M — down 1.8% from $262M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new USA positions and 5 closed out — a net gain of 4 holders — while 39 added to existing stakes and 20 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $3.17M. The largest seller was Lazard Asset Management, cutting an estimated $4.56M.
- 82 institutional investors held Liberty All-Star Equity Fund (USA) as of Q1 2014, up from 79 in Q4 2013.
- Funds reported $257M of Liberty All-Star Equity Fund stock for Q1 2014, down 1.8% quarter-over-quarter.
- 9 funds opened new Liberty All-Star Equity Fund positions in Q1 2014 and 5 closed out, a net change of +4 holders.
- The largest Liberty All-Star Equity Fund buyer in Q1 2014 was Advisors Asset Management, an estimated $3.17M added.
- The largest Liberty All-Star Equity Fund seller in Q1 2014 was Lazard Asset Management, an estimated $4.56M sold.
Based on aggregated 13F filings for Q1 2014.