$USA

$5.97 +$0.04 (0.67%) Close

$USA Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 308.2M shares outstanding

Who owns USA?

By type of holder

Institutions 26.1% Insiders 0.0% Everyone else 73.9%

Concentration Top 10 holders own 11.1%

Morgan Stanley 2.0% · Raymond James Financial Inc 1.6%

Institutional ownership

26.1%

+3.3 pts vs last qtr

Institutional holders

381

-7 vs last qtr

Net shares bought

+10.1M

by institutions in Q2 2026

New / sold out

58 / 65

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Saba Capital Management, L.P. NEW +3.9M
Janney Montgomery Scott LLC NEW +1.7M

Biggest sellers in Q2 2026

Rivernorth Capital Management, LLC −863.3K
Raymond James Financial Inc −660.6K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Liberty All-Star Equity Fund in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for Liberty All-Star Equity Fund.

How patient are the owners?

Institutional shares by how long they've been held

5+ years40% 3–5 years5% 1–3 years17% Under 1 year38%

Quarterly turnover

14.7%

of institutional shares changed hands

Top 10 managers, median time held

3 quarters

Super Investors

Investment managers reporting USA on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
MS Morgan Stanley	6.3M	2.04%	+1.1M (+21.9%)	≤2021	0.0%
Shares held by quarter Peak holding6.3M (Q2'26) Change over 8 quarters+3.1M Share of the company2.040% Morgan Stanley's full portfolio →
RJ Raymond James Financial Inc	4.8M	1.56%	−660.6K (−12.1%)	2024	0.0%
Shares held by quarter Peak holding5.5M (Q1'26) Change over 8 quarters+4.8M Share of the company1.560% Raymond James Financial Inc's full portfolio →

Morgan Stanley

6.3M

% of company

2.04%

Change vs last qtr

+1.1M (+21.9%)

Held since

≤2021

Raymond James Financial Inc

4.8M

% of company

1.56%

Change vs last qtr

−660.6K (−12.1%)

Held since

2024

28 more super investors behind a free account

See every manager holding Liberty All-Star Equity Fund, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting USA on Form N-PORT; together they hold 1.9% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
VT Vanguard Total Stock Market Index Fund Vanguard Index Funds	$17.6M	529.9K	0.17%	0.00%	June 30, 2026
VS Vanguard Small-Cap Index Fund Vanguard Index Funds	$12.7M	380.1K	0.12%	0.01%	June 30, 2026

Vanguard Total Stock Market Index Fund

Vanguard Index Funds

Position value

$17.6M

% of company

0.17%

% of the fund

0.00%

As of

June 30, 2026

Vanguard Small-Cap Index Fund

Vanguard Index Funds

Position value

$12.7M

% of company

0.12%

% of the fund

0.01%

As of

June 30, 2026

23 more funds behind a free account

See every fund holding Liberty All-Star Equity Fund and how much of the fund the position is.

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