Liberty All-Star Equity Fund
139 hedge funds and large institutions have $179M invested in Liberty All-Star Equity Fund in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 53 increasing their positions, 34 reducing their positions, and 21 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 34
4% less capital invested
Capital invested by funds: $187M → $179M (-$8.28M)
1% less ownership
Funds ownership: 12% → 11% (-1%)
2% less funds holding
Funds holding: 142 → 139 (-3)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.02M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.44M |
| 3 |
Morgan Stanley
New York
|
+$1.43M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.31M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$11.3M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.6M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.27M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.18M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.74M |
USA Hedge Fund Activity: Q1 2021 in Review
139 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q1 2021, worth a combined $179M — down 4.4% from $187M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of USA and 18 opened new positions — a net loss of 3 holders — while 34 trimmed existing stakes and 53 added.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $2.02M. The largest seller was Karpus Investment Management, cutting an estimated $11.3M.
- 139 institutional investors held Liberty All-Star Equity Fund (USA) as of Q1 2021, down from 142 in Q4 2020.
- Funds reported $179M of Liberty All-Star Equity Fund stock for Q1 2021, down 4.4% quarter-over-quarter.
- 18 funds opened new Liberty All-Star Equity Fund positions in Q1 2021 and 21 closed out, a net change of -3 holders.
- The largest Liberty All-Star Equity Fund buyer in Q1 2021 was Bank of Montreal, an estimated $2.02M added.
- The largest Liberty All-Star Equity Fund seller in Q1 2021 was Karpus Investment Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q1 2021.