abrdn Emerging Markets Equity Income Fund
AEF
27 hedge funds and large institutions have $25.2M invested in abrdn Emerging Markets Equity Income Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 5 closing their positions.
46% more capital invested
Capital invested by funds: $17.3M → $25.2M (+$7.94M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
5.99% more ownership
Funds ownership: 25.99% → 31.99% (+6%)
4% more funds holding
Funds holding: 26 → 27 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.62M |
| 2 |
SCM
Saba Capital Management
New York
|
+$592K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$433K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$344K |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$197K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$186K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$184K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$162K |
| 5 |
BAPIM
British Airways Pensions Investment Management
London,
United Kingdom
|
-$114K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $6K | -$22.4K | -2,846 | -80% |
|
|
BWA
27
BDO Wealth Advisors
Jacksonville,
Florida
| $1K | – | – | – |
|
|
NSIM
28
North Star Investment Management
Chicago,
Illinois
| $1K | – | – | – |
|
|
GC
29
Guggenheim Capital
Chicago,
Illinois
| – | -$197K | -27,847 | Closed |
|
|
BAPIM
30
British Airways Pensions Investment Management
London,
United Kingdom
| – | -$114K | -16,099 | Closed |
|
31
Geode Capital Management
Boston,
Massachusetts
| – | -$110K | -15,649 | Closed |
|
|
DWM
32
Destination Wealth Management
Walnut Creek,
California
| – | -$90K | -12,750 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
AEF Hedge Fund Activity: Q3 2017 in Review
27 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in abrdn Emerging Markets Equity Income Fund (AEF) for Q3 2017, worth a combined $25.2M — up 46% from $17.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new AEF positions and 5 closed out — a net gain of 1 holder — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $3.62M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $197K sold.
- 27 institutional investors held abrdn Emerging Markets Equity Income Fund (AEF) as of Q3 2017, up from 26 in Q2 2017.
- Funds reported $25.2M of abrdn Emerging Markets Equity Income Fund stock for Q3 2017, up 46% quarter-over-quarter.
- 6 funds opened new abrdn Emerging Markets Equity Income Fund positions in Q3 2017 and 5 closed out, a net change of +1 holder.
- The largest abrdn Emerging Markets Equity Income Fund buyer in Q3 2017 was Bulldog Investors, an estimated $3.62M added.
- The largest abrdn Emerging Markets Equity Income Fund seller in Q3 2017 was Guggenheim Capital, an estimated $197K sold.
Based on aggregated 13F filings for Q3 2017.