Liberty All-Star Equity Fund
142 hedge funds and large institutions have $118M invested in Liberty All-Star Equity Fund in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 19 closing their positions.
68% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 19
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
8% more funds holding
Funds holding: 131 → 142 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.08% less ownership
Funds ownership: 12.87% → 11.8% (-1.1%)
34% less capital invested
Capital invested by funds: $178M → $118M (-$60.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.61M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.97M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$710K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$552K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$19M |
| 2 |
BP
BBR Partners
New York
|
-$2.73M |
| 3 |
Morgan Stanley
New York
|
-$2.03M |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$1.08M |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$813K |
USA Hedge Fund Activity: Q1 2020 in Review
142 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q1 2020, worth a combined $118M — down 34% from $178M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new USA positions and 19 closed out — a net gain of 13 holders — while 50 added to existing stakes and 35 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $8.61M. The largest seller was UBS Group, cutting an estimated $19M.
- 142 institutional investors held Liberty All-Star Equity Fund (USA) as of Q1 2020, up from 131 in Q4 2019.
- Funds reported $118M of Liberty All-Star Equity Fund stock for Q1 2020, down 34% quarter-over-quarter.
- 32 funds opened new Liberty All-Star Equity Fund positions in Q1 2020 and 19 closed out, a net change of +13 holders.
- The largest Liberty All-Star Equity Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $8.61M added.
- The largest Liberty All-Star Equity Fund seller in Q1 2020 was UBS Group, an estimated $19M sold.
Based on aggregated 13F filings for Q1 2020.