Liberty All-Star Equity Fund
137 hedge funds and large institutions have $293M invested in Liberty All-Star Equity Fund in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 38 reducing their positions, and 17 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 38
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
3% more funds holding
Funds holding: 133 → 137 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3.54% less ownership
Funds ownership: 28.14% → 24.61% (-3.5%)
14% less capital invested
Capital invested by funds: $340M → $293M (-$47.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.66M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.65M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.64M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.73M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$22M |
| 2 |
SCM
Saba Capital Management
New York
|
-$9.97M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$7.52M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$5.15M |
USA Hedge Fund Activity: Q1 2018 in Review
137 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q1 2018, worth a combined $293M — down 14% from $340M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new USA positions and 17 closed out — a net gain of 4 holders — while 57 added to existing stakes and 38 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $4.66M. The largest seller was Rivernorth Capital Management, cutting an estimated $22M.
- 137 institutional investors held Liberty All-Star Equity Fund (USA) as of Q1 2018, up from 133 in Q4 2017.
- Funds reported $293M of Liberty All-Star Equity Fund stock for Q1 2018, down 14% quarter-over-quarter.
- 21 funds opened new Liberty All-Star Equity Fund positions in Q1 2018 and 17 closed out, a net change of +4 holders.
- The largest Liberty All-Star Equity Fund buyer in Q1 2018 was 1607 Capital Partners, an estimated $4.66M added.
- The largest Liberty All-Star Equity Fund seller in Q1 2018 was Rivernorth Capital Management, an estimated $22M sold.
Based on aggregated 13F filings for Q1 2018.