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Liberty All-Star Equity Fund

190 hedge funds and large institutions have $213M invested in Liberty All-Star Equity Fund in 2025 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 75 increasing their positions, 38 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 38

17% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 23

2% more capital invested

Capital invested by funds: $208M → $213M (+$4.9M)

0.92% more ownership

Funds ownership: 10.58%11.5% (+0.92%)

1% less funds holding

Funds holding: 191190 (-1)

Holders
190
Holders Change
-1
Holders Change %
-0.52%
% of All Funds
2.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
27
Increased
75
Reduced
38
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$28.6M +$4.98M +720,273 +20%
Morgan Stanley
2
Morgan Stanley
New York
$21.5M +$456K +66,026 +2%
Raymond James Financial
3
Raymond James Financial
Florida
$19.9M +$3.8M +550,101 +22%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$12.5M +$2.3M +333,478 +21%
Ameriprise
5
Ameriprise
Minnesota
$11.1M +$788K +114,044 +7%
B
6
Bensler
Washington
$11M +$632K +91,509 +6%
Janney Montgomery Scott
7
Janney Montgomery Scott
Pennsylvania
$7.72M +$1.14M +164,530 +16%
GC
8
Guggenheim Capital
Illinois
$5.67M -$4.62K -669 -0.1%
Osaic Holdings
9
Osaic Holdings
Arizona
$5.46M +$106K +15,320 +2%
PCM
10
Penserra Capital Management
California
$5.03M +$85.4K +12,365 +2%
Wealth Enhancement Advisory Services
11
Wealth Enhancement Advisory Services
Minnesota
$3.89M -$234K -33,831 -5%
UBS Group
12
UBS Group
Switzerland
$3.45M -$723K -104,654 -17%
IFG
13
Independent Financial Group
California
$3.29M +$103K +14,948 +3%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$2.9M -$196K -28,412 -6%
Invesco
15
Invesco
Georgia
$2.78M +$174K +25,222 +6%
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$2.75M -$66.7K -9,650 -2%
Wells Fargo
17
Wells Fargo
California
$2.72M +$1.49M +216,357 +109%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$2.62M -$260K -37,714 -9%
Cetera Investment Advisers
19
Cetera Investment Advisers
Illinois
$2.44M +$255K +36,874 +11%
Bank of America
20
Bank of America
North Carolina
$2.4M -$25.9K -3,751 -1%
HighTower Advisors
21
HighTower Advisors
Illinois
$2.33M +$170K +24,573 +7%
PAG
22
Private Advisor Group
New Jersey
$2.19M +$302K +43,676 +15%
SFS
23
Shaker Financial Services
Virginia
$2.1M -$614K -88,871 -22%
AAM
24
Advisors Asset Management
Colorado
$1.85M -$1.37M -198,558 -41%
Cohen & Steers
25
Cohen & Steers
New York
$1.77M

USA Hedge Fund Activity: Q1 2025 in Review

190 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q1 2025, worth a combined $213M — up 2.4% from $208M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new USA positions and 23 closed out — a net gain of 4 holders — while 75 added to existing stakes and 38 trimmed.

The largest buyer was LPL Financial, adding an estimated $4.98M. The largest seller was Advisors Asset Management, cutting an estimated $1.37M.

  • 190 institutional investors held Liberty All-Star Equity Fund (USA) as of Q1 2025, down from 191 in Q4 2024.
  • Funds reported $213M of Liberty All-Star Equity Fund stock for Q1 2025, up 2.4% quarter-over-quarter.
  • 27 funds opened new Liberty All-Star Equity Fund positions in Q1 2025 and 23 closed out, a net change of +4 holders.
  • The largest Liberty All-Star Equity Fund buyer in Q1 2025 was LPL Financial, an estimated $4.98M added.
  • The largest Liberty All-Star Equity Fund seller in Q1 2025 was Advisors Asset Management, an estimated $1.37M sold.

Based on aggregated 13F filings for Q1 2025.