Liberty All-Star Equity Fund
111 hedge funds and large institutions have $270M invested in Liberty All-Star Equity Fund in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 17 reducing their positions, and 11 closing their positions.
253% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 17
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
10% more funds holding
Funds holding: 101 → 111 (+10)
1.28% more ownership
Funds ownership: 27.99% → 29.27% (+1.3%)
1% less capital invested
Capital invested by funds: $273M → $270M (-$3.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.96M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.58M |
| 3 |
Citigroup
New York
|
+$2.6M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.77M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$6.42M |
| 2 |
Morgan Stanley
New York
|
-$2.84M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.18M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.33M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$780K |
USA Hedge Fund Activity: Q1 2016 in Review
111 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q1 2016, worth a combined $270M — down 1.4% from $273M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new USA positions and 11 closed out — a net gain of 10 holders — while 60 added to existing stakes and 17 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $7.96M. The largest seller was Bulldog Investors, cutting an estimated $6.42M.
- 111 institutional investors held Liberty All-Star Equity Fund (USA) as of Q1 2016, up from 101 in Q4 2015.
- Funds reported $270M of Liberty All-Star Equity Fund stock for Q1 2016, down 1.4% quarter-over-quarter.
- 21 funds opened new Liberty All-Star Equity Fund positions in Q1 2016 and 11 closed out, a net change of +10 holders.
- The largest Liberty All-Star Equity Fund buyer in Q1 2016 was Karpus Investment Management, an estimated $7.96M added.
- The largest Liberty All-Star Equity Fund seller in Q1 2016 was Bulldog Investors, an estimated $6.42M sold.
Based on aggregated 13F filings for Q1 2016.