Liberty All-Star Equity Fund
85 hedge funds and large institutions have $262M invested in Liberty All-Star Equity Fund in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 47 increasing their positions, 17 reducing their positions, and 3 closing their positions.
176% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 17
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
4% more funds holding
Funds holding: 82 → 85 (+3)
2% more capital invested
Capital invested by funds: $257M → $262M (+$4.23M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.41% less ownership
Funds ownership: 25.09% → 24.68% (-0.41%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.38M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.12M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$873K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$776K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$676K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$10.9M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$586K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$402K |
| 4 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$318K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$261K |
USA Hedge Fund Activity: Q2 2014 in Review
85 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q2 2014, worth a combined $262M — up 1.6% from $257M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new USA positions and 3 closed out — a net gain of 3 holders — while 47 added to existing stakes and 17 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.38M. The largest seller was Lazard Asset Management, cutting an estimated $10.9M.
- 85 institutional investors held Liberty All-Star Equity Fund (USA) as of Q2 2014, up from 82 in Q1 2014.
- Funds reported $262M of Liberty All-Star Equity Fund stock for Q2 2014, up 1.6% quarter-over-quarter.
- 6 funds opened new Liberty All-Star Equity Fund positions in Q2 2014 and 3 closed out, a net change of +3 holders.
- The largest Liberty All-Star Equity Fund buyer in Q2 2014 was Karpus Investment Management, an estimated $2.38M added.
- The largest Liberty All-Star Equity Fund seller in Q2 2014 was Lazard Asset Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2014.