Liberty All-Star Equity Fund
98 hedge funds and large institutions have $280M invested in Liberty All-Star Equity Fund in 2015 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 45 increasing their positions, 25 reducing their positions, and 15 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 25
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
0.59% more ownership
Funds ownership: 26.47% → 27.06% (+0.59%)
1% less capital invested
Capital invested by funds: $283M → $280M (-$3.02M)
4% less funds holding
Funds holding: 102 → 98 (-4)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$8.72M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$6.39M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$5.84M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.93M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$7.63M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.03M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.07M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.92M |
| 5 |
Morgan Stanley
New York
|
-$1.21M |
USA Hedge Fund Activity: Q2 2015 in Review
98 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q2 2015, worth a combined $280M — down 1.1% from $283M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of USA and 12 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 45 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $8.72M. The largest seller was Bulldog Investors, cutting an estimated $7.63M.
- 98 institutional investors held Liberty All-Star Equity Fund (USA) as of Q2 2015, down from 102 in Q1 2015.
- Funds reported $280M of Liberty All-Star Equity Fund stock for Q2 2015, down 1.1% quarter-over-quarter.
- 12 funds opened new Liberty All-Star Equity Fund positions in Q2 2015 and 15 closed out, a net change of -3 holders.
- The largest Liberty All-Star Equity Fund buyer in Q2 2015 was Rivernorth Capital Management, an estimated $8.72M added.
- The largest Liberty All-Star Equity Fund seller in Q2 2015 was Bulldog Investors, an estimated $7.63M sold.
Based on aggregated 13F filings for Q2 2015.