Vault-13

LIBERTY ALL STAR EQUITY FD USA

SH BEN INT · Closed-End Fund · CUSIP 530158104

227 institutional holders +8 vs Q1 2026
65,258,21465.3m shares reported held*
$379.2mreported value*
31 new 83 added 60 reduced 25 sold out net bought ≈ $58.3m (+10.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($41 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.81.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 162Q4 22: 175Q1 23: 167Q2 23: 168Q3 23: 177Q4 23: 185Q1 24: 180Q2 24: 183Q3 24: 178Q4 24: 194Q1 25: 192Q2 25: 193Q3 25: 209Q4 25: 227Q1 26: 219Q2 26: 227227Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022162
Q4 2022175
Q1 2023167
Q2 2023168
Q3 2023177
Q4 2023185
Q1 2024180
Q2 2024183
Q3 2024178
Q4 2024194
Q1 2025192
Q2 2025193
Q3 2025209
Q4 2025227
Q1 2026219
Q2 2026227

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 24: 97 bought or addedQ3 24: 52 cut or sold outQ4 24: 72 bought or addedQ4 24: 58 cut or sold outQ4 24Q1 25: 102 bought or addedQ1 25: 62 cut or sold outQ2 25: 86 bought or addedQ2 25: 63 cut or sold outQ2 25Q3 25: 118 bought or addedQ3 25: 50 cut or sold outQ4 25: 92 bought or addedQ4 25: 86 cut or sold outQ4 25Q1 26: 110 bought or addedQ1 26: 84 cut or sold outQ2 26: 114 bought or addedQ2 26: 85 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20249752
Q4 20247258
Q1 202510262
Q2 20258663
Q3 202511850
Q4 20259286
Q1 202611084
Q2 202611485

Biggest buyers

Saba Capital Management, L.P. New +3,859,939+3.9m
Janney Montgomery Scott LLC New +1,661,308+1.7m
MORGAN STANLEY Added +1,166,788+1.2m
Man Group plc Added +791,901+791.9k
Allspring Global Investments Holdings, LLC Added +759,506+759.5k
Shaker Financial Services, LLC Added +698,253+698.3k
Cambridge Investment Research Advisors, Inc. Added +583,163+583.2k
Logan Stone Capital, LLC New +446,990+447.0k
Almitas Capital LLC Added +402,857+402.9k
Quantedge Capital Pte Ltd New +244,300+244.3k

Biggest sellers

RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -863,302-863.3k
RAYMOND JAMES FINANCIAL INC Reduced -644,183-644.2k
ABSOLUTE INVESTMENT ADVISERS, LLC Reduced -238,617-238.6k
Ascentis Independent Advisors Sold out -209,044-209.0k
WELLS FARGO & COMPANY/MN Reduced -144,982-145.0k
Ionic Capital Management LLC Sold out -138,731-138.7k
JPMORGAN CHASE & CO Reduced -135,693-135.7k
COHEN & STEERS, INC. Reduced -105,000-105.0k
Invesco Ltd. Reduced -104,120-104.1k
HighTower Advisors, LLC Reduced -102,751-102.8k

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
202Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 1 buyingQ3 25: 0 sellingQ3 25Q4 25: 2 buyingQ4 25: 0 sellingQ1 26: 1 buyingQ1 26: 0 sellingQ1 26Q2 26: 1 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20250—0——
Q3 20251$9.9k0——
Q4 20252$19.4k0——
Q1 20261$2.1k0——
Q2 20261$13.7k0——
Q3 20260—0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-06-03 HALEY MARK T President · Shares of Beneficial Interest Bought 2,000 $5.81 $11.6k2.0k shares +1%
2026-06-02 HALEY MARK T President · Shares of Beneficial Interest Bought 356 $5.85 $2.1k356 shares +<1%
2026-05-08 MILAS ROBERT Access Person of the Fund · Shares of Beneficial Interest Bought 1,700 $5.82 $9.9k1.7k shares +42%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,858,8805.9m $34.0m $34.0m 0.00% Added +1.2m +1,166,788
2 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 4,806,2334.8m $27.9m $27.9m 0.01% Reduced -644.2k -644,183
3 RIVERNORTH CAPITAL MANAGEMENT, LLC 1.20% of their portfolio WEST PALM BEACH, FL 4,332,9374.3m $25.2m $25.2m 1.20% Reduced -863.3k -863,302
4 Saba Capital Management, L.P. 0.69% of their portfolio NEW YORK, NY 3,859,9393.9m $22.4m $22.4m 0.69% New
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 3,350,9253.4m $19.5m $19.5m 0.00% Reduced -49.8k -49,763
6 Karpus Management, Inc. 0.55% of their portfolio Pittsford, NY 3,271,8673.3m $19.0m $19.0m 0.55% Added +155.4k +155,356
7 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,198,3632.2m $12.8m $12.8m 0.00% Reduced -72.7k -72,745
8 ABSOLUTE INVESTMENT ADVISERS, LLC 1.22% of their portfolio ROSEMARY BEACH, FL 2,176,4892.2m $12.6m $12.6m 1.22% Reduced -238.6k -238,617
9 Man Group plc 0.02% of their portfolio LONDON, X0 2,112,7622.1m $12.3m $12.3m 0.02% Added +791.9k +791,901
10 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 1,661,3081.7m $9.7m $9.7m 0.02% New
11 Shaker Financial Services, LLC 3.00% of their portfolio Arlington, VA 1,646,7761.6m $9.6m $9.6m 3.00% Added +698.3k +698,253
12 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,557,6401.6m $9.1m $9.1m 0.00% Added +13.2k +13,232
13 1607 Capital Partners, LLC 0.75% of their portfolio Richmond, VA 1,484,7391.5m $8.6m $8.6m 0.75% Added +146.5k +146,506
14 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 1,373,4251.4m $8.0m $8.0m 0.01% Added +759.5k +759,506
15 GUGGENHEIM CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 1,341,7061.3m $7.8m $7.8m 0.05% Added +236.3k +236,283
16 Penserra Capital Management LLC 0.06% of their portfolio ORINDA, CA 1,299,7301.3m $7.6m $7.6m 0.06% Added +49.6k +49,602
17 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 1,146,4881.1m $6.7m $6.7m 0.01% Added +583.2k +583,163
18 Quarry LP 0.96% of their portfolio NEW YORK, NY 1,046,4651.0m $6.1m $6.1m 0.96% Reduced -21.1k -21,140
19 WOLVERINE ASSET MANAGEMENT LLC 0.08% of their portfolio CHICAGO, IL 1,029,3201.0m $6.0m $6.0m 0.08% Added +91.1k +91,134
20 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,004,5311.0m $5.8m $5.8m 0.00% Reduced -145.0k -144,982
21 Almitas Capital LLC 1.11% of their portfolio SANTA MONICA, CA 798,342798.3k $4.6m $4.6m 1.11% Added +402.9k +402,857
22 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 793,160793.2k $4.6m $4.6m 0.01% Reduced -22.0k -22,023
23 RPO LLC 16.52% of their portfolio Stamford, CT 690,200690.2k $4.0m $4.0m 16.52% Added +116.5k +116,500
24 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.23% of their portfolio London, X0 659,069659.1k $3.8m $3.8m 0.23% Added +17.5k +17,469
25 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 645,000645.0k $3.7m $3.7m 0.01% Reduced -105.0k -105,000
26 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 616,604616.6k $3.6m $3.6m 0.00% Unchanged
27 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 585,022585.0k $3.4m $3.4m 0.00% Added +27.1k +27,066
28 Logan Stone Capital, LLC 0.55% of their portfolio CHICAGO, IL 446,990447.0k $2.6m $2.6m 0.55% New
29 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 438,144438.1k $2.5m $2.5m 0.00% Added +368 +368
30 INDEPENDENT FINANCIAL GROUP, LLC 0.04% of their portfolio SAN DIEGO, CA 412,818412.8k $2.4m $2.4m 0.04% Reduced -32.3k -32,308
31 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 377,865377.9k $2.2m $2.2m 0.01% Reduced -2.0k -2,038
32 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 372,913372.9k $2.2m $2.2m 0.01% Added +53.1k +53,118
33 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 367,042367.0k $2.1m $2.1m 0.01% Reduced -5.8k -5,837
34 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 345,100345.1k $2.0m $2.0m 0.04% Added +58.2k +58,250
35 SIT INVESTMENT ASSOCIATES INC 0.04% of their portfolio Minneapolis, MN 329,021329.0k $1.9m $1.9m 0.04% Added +100.0k +100,000
36 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 296,240296.2k $1.7m $1.7m 0.00% Added +12.6k +12,609
37 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 295,803295.8k $1.8m $1.8m 0.00% Added +60.8k +60,844
38 PMG Family Office LLC 1.48% of their portfolio PLANO, TX 276,048276.0k $1.6m $1.6m 1.48% Added +10.4k +10,402
39 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.20% of their portfolio BLUE BELL, PA 275,077275.1k $1.6m $1.6m 0.20% Added +237.9k +237,861
40 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 270,456270.5k $1.6m $1.6m 0.00% Reduced -102.8k -102,751
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 258,483258.5k $1.5m $1.5m 0.00% Reduced -99.2k -99,157
42 Quantedge Capital Pte Ltd 1.08% of their portfolio Singapore, U0 244,300244.3k $1.4m $1.4m 1.08% New
43 MINDSET WEALTH MANAGEMENT, LLC 0.26% of their portfolio INDIANAPOLIS, IN 236,396236.4k $1.4m $1.4m 0.26% Reduced -1.2k -1,202
44 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 222,485222.5k $1.3m $1.3m 0.01% Added +31.2k +31,169
45 CSS LLC/IL 0.05% of their portfolio CHICAGO, IL 212,652212.7k $1.2m $1.2m 0.05% Added +5.4k +5,424
46 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 209,862209.9k $1.2m $1.2m 0.00% Reduced -104.1k -104,120
47 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 208,912208.9k $1.2m $1.2m 0.00% Added +31.7k +31,697
48 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 205,822205.8k $1.2m $1.2m 0.00% Added +91.4k +91,360
49 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 203,254203.3k $1.2m $1.2m 0.00% Added +14.9k +14,950
50 Gladstone Institutional Advisory LLC 0.04% of their portfolio Bedminster, NJ 193,049193.0k $1.1m $1.1m 0.04% New
51 KINGSWOOD WEALTH ADVISORS, LLC 0.04% of their portfolio SAN DIEGO, CA 169,180169.2k $982.9k $982.9k 0.04% Added +97.0k +97,024
52 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 168,027168.0k $976.2k $976.2k 0.01% Reduced -13.0k -12,967
53 WEDBUSH SECURITIES INC 0.03% of their portfolio PASADENA, CA 167,727167.7k $974.0k $974.0k 0.03% Added +16.6k +16,618
54 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 167,444167.4k $972.9k $972.9k 0.01% Reduced -37.9k -37,936
55 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 166,757166.8k $968.9k $968.9k 0.01% Added +152.1k +152,133
56 Westbourne Investment Advisors, Inc. 0.26% of their portfolio ANNAPOLIS, MD 163,700163.7k $951.1k $951.1k 0.26% Reduced -21.0k -21,000
57 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 162,383162.4k $943.4k $943.4k 0.01% Added +4.1k +4,127
58 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.01% of their portfolio CINCINNATI, OH 159,826159.8k $928.6k $928.6k 0.01% Reduced -14.4k -14,410
59 Live Oak Private Wealth LLC 0.12% of their portfolio WILMINGTON, NC 158,585158.6k $921.4k $921.4k 0.12% Unchanged
60 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 156,103156.1k $907.0k $907.0k 0.01% Added +24.1k +24,075
61 LANGLEY WEALTH MANAGEMENT, LLC 0.87% of their portfolio CORINTH, MS 154,145154.1k $895.6k $895.6k 0.87% First filing
62 Advocate Investing Services LLC 0.68% of their portfolio WOODBINE, MD 151,243151.2k $878.7k $878.7k 0.68% Added +2.9k +2,874
63 Advisors Asset Management, Inc. 0.01% of their portfolio Monument, CO 144,455144.5k $839.3k $839.3k 0.01% New
64 FLYNN ZITO CAPITAL MANAGEMENT, LLC 0.23% of their portfolio GARDEN CITY, NY 143,881143.9k $835.9k $835.9k 0.23% Reduced -13.3k -13,277
65 Bleakley Financial Group, LLC 0.01% of their portfolio PARSIPPANY, NJ 143,862143.9k $835.8k $835.8k 0.01% New
66 RB Capital Management, LLC 0.16% of their portfolio RENO, NV 136,664136.7k $794.0k $794.0k 0.16% Reduced -5.4k -5,412
67 TrueMark Investments, LLC 0.10% of their portfolio CHICAGO, IL 134,253134.3k $780.0k $780.0k 0.10% Added +8.9k +8,877
68 ASHTON THOMAS SECURITIES, LLC 0.11% of their portfolio ROCHESTER, NY 125,801125.8k $730.9k $730.9k 0.11% Added +3.2k +3,196
69 Mariner, LLC 0.00% of their portfolio Overland Park, KS 125,374125.4k $728.4k $728.4k 0.00% Reduced -2.6k -2,603
70 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 125,199125.2k $727.4k $727.4k 0.01% New
71 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 124,755124.8k $724.8k $724.8k 0.01% Reduced -1.0k -1,007
72 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 119,554119.6k $694.6k $694.6k 0.00% Added +44.0k +44,030
73 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 117,220117.2k $681.1k $681.1k 0.00% Reduced -10.9k -10,922
74 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 105,567105.6k $612.3k $612.3k 0.00% Added +21.5k +21,487
75 EVOLVE PRIVATE WEALTH, LLC 0.04% of their portfolio LOS ANGELES, CA 105,207105.2k $611.3k $611.3k 0.04% Added +58.7k +58,747
76 Abel Hall, LLC 0.10% of their portfolio BATON ROUGE, LA 103,000103.0k $598.4k $598.4k 0.10% Unchanged
77 Stockman Wealth Management, Inc. 0.06% of their portfolio BILLINGS, MT 99,56399.6k $578.5k $578.5k 0.06% Unchanged
78 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio ORLANDO, FL 97,20597.2k $565.7k $565.7k 0.03% Reduced -10.8k -10,793
79 Advisory Advocates, LLC 0.48% of their portfolio GRAND RAPIDS, MI 96,68096.7k $561.7k $561.7k 0.48% Reduced -3.8k -3,848
80 Clear Creek Financial Management, LLC 0.03% of their portfolio SILVERDALE, WA 93,25293.3k $541.8k $541.8k 0.03% Reduced -6.6k -6,555
81 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 83,51883.5k $485.2k $485.2k 0.00% Added +12.9k +12,925
82 Dakota Wealth Management 0.01% of their portfolio PALM BEACH GARDENS, FL 82,78982.8k $481.0k $481.0k 0.01% Added +7.8k +7,811
83 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 79,43779.4k $461.5k $461.5k 0.00% Reduced -2 -2
84 Samalin Investment Counsel, LLC 0.14% of their portfolio CHAPPAQUA, NY 76,46876.5k $444.3k $444.3k 0.14% Reduced -26.0k -26,009
85 WEALTH EFFECTS LLC 0.12% of their portfolio BOSTON, MA 76,24476.2k $443.0k $443.0k 0.12% Added +2.0k +2,000
86 Intrua Financial, LLC 0.04% of their portfolio Houston, TX 75,88075.9k $440.9k $440.9k 0.04% New
87 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 65,70865.7k $381.8k $381.8k 0.00% New
88 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 62,27562.3k $361.8k $361.8k 0.00% Added +4.2k +4,152
89 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.05% of their portfolio LEAWOOD, KS 61,47161.5k $357.1k $357.1k 0.05% New
90 Patten Group, Inc. 0.05% of their portfolio CHATTANOOGA, TN 60,02860.0k $348.8k $348.8k 0.05% Reduced -3.7k -3,746
91 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 59,88659.9k $347.9k $347.9k 0.01% Reduced -3.0k -3,006
92 Coquina Private Wealth LLC 0.23% of their portfolio PORT CHARLOTTE, FL 58,70158.7k $341.1k $341.1k 0.23% Reduced -6.7k -6,652
93 Kovack Advisors, Inc. 0.02% of their portfolio FT. LAUDERDALE, FL 57,27957.3k $333.0k $333.0k 0.02% Added +995 +995
94 HighPoint Advisor Group LLC 0.01% of their portfolio DOWNERS GROVE, IL 54,78054.8k $318.3k $318.3k 0.01% Added +1.4k +1,393
95 READYSTATE ASSET MANAGEMENT LP 0.01% of their portfolio CHICAGO, IL 54,37654.4k $315.9k $315.9k 0.01% New
96 Sage Capital Advisors,llc 0.06% of their portfolio SIOUX FALLS, SD 52,49252.5k $305.0k $305.0k 0.06% Added +1.0k +1,010
97 Heritage Wealth Management, Inc. 0.08% of their portfolio CINCINNATI, OH 51,82551.8k $301.1k $301.1k 0.08% New
98 MSH Capital Advisors LLC 0.05% of their portfolio SCOTTSDALE, AZ 50,19050.2k $291.6k $291.6k 0.05% Reduced -770 -770
99 WealthTrust Asset Management, LLC 0.14% of their portfolio Destin, FL 44,51044.5k $258.6k $258.6k 0.14% Reduced -6.3k -6,341
100 Avior Wealth Management, LLC 0.01% of their portfolio OMAHA, NE 43,57743.6k $253.2k $253.2k 0.01% Unchanged