Aberdeen Emerging Markets Smaller Company Opportunities Fund
ABE
ABE was delisted on the 27th of April, 2018.
22 hedge funds and large institutions have $89.8M invested in Aberdeen Emerging Markets Smaller Company Opportunities Fund in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 19 increasing their positions, 2 reducing their positions, and 5 closing their positions.
850% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 2
10% more capital invested
Capital invested by funds: $81.5M → $89.8M (+$8.3M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 26 → 22 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$6.96M |
| 2 |
Lazard Asset Management
New York
|
+$3.88M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.46M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$903K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$3.31M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$915K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$402K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$21K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$17K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$17K | -1,305 | Closed |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$7K | -474 | Closed |
|
ABE Hedge Fund Activity: Q1 2014 in Review
22 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Emerging Markets Smaller Company Opportunities Fund (ABE) for Q1 2014, worth a combined $89.8M — up 10% from $81.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ABE and 1 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 19 added.
The largest buyer was City of London Investment Management, adding an estimated $6.96M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $3.31M sold.
- 22 institutional investors held Aberdeen Emerging Markets Smaller Company Opportunities Fund (ABE) as of Q1 2014, down from 26 in Q4 2013.
- Funds reported $89.8M of Aberdeen Emerging Markets Smaller Company Opportunities Fund stock for Q1 2014, up 10% quarter-over-quarter.
- 1 fund opened new Aberdeen Emerging Markets Smaller Company Opportunities Fund positions in Q1 2014 and 5 closed out, a net change of -4 holders.
- The largest Aberdeen Emerging Markets Smaller Company Opportunities Fund buyer in Q1 2014 was City of London Investment Management, an estimated $6.96M added.
- The largest Aberdeen Emerging Markets Smaller Company Opportunities Fund seller in Q1 2014 was Weiss Asset Management, an estimated $3.31M sold.
Based on aggregated 13F filings for Q1 2014.