Liberty All-Star Equity Fund
209 hedge funds and large institutions have $266M invested in Liberty All-Star Equity Fund in 2025 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 86 increasing their positions, 35 reducing their positions, and 14 closing their positions.
157% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 14
146% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 35
12% more capital invested
Capital invested by funds: $238M → $266M (+$27.8M)
10% more funds holding
Funds holding: 190 → 209 (+19)
2.56% more ownership
Funds ownership: 12.89% → 15.45% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$13.3M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$5.87M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.97M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.35M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bensler
Bellevue,
Washington
|
-$11.2M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.16M |
| 3 |
Jane Street
New York
|
-$641K |
| 4 |
EC
Elequin Capital
New York
|
-$431K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$431K |
USA Hedge Fund Activity: Q3 2025 in Review
209 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Liberty All-Star Equity Fund (USA) for Q3 2025, worth a combined $266M — up 12% from $238M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new USA positions and 14 closed out — a net gain of 22 holders — while 86 added to existing stakes and 35 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $13.3M. The largest seller was Bensler, cutting an estimated $11.2M.
- 209 institutional investors held Liberty All-Star Equity Fund (USA) as of Q3 2025, up from 190 in Q2 2025.
- Funds reported $266M of Liberty All-Star Equity Fund stock for Q3 2025, up 12% quarter-over-quarter.
- 36 funds opened new Liberty All-Star Equity Fund positions in Q3 2025 and 14 closed out, a net change of +22 holders.
- The largest Liberty All-Star Equity Fund buyer in Q3 2025 was Rivernorth Capital Management, an estimated $13.3M added.
- The largest Liberty All-Star Equity Fund seller in Q3 2025 was Bensler, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2025.