abrdn Emerging Markets Equity Income Fund
AEF
27 hedge funds and large institutions have $29.8M invested in abrdn Emerging Markets Equity Income Fund in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 5 closing their positions.
18% more capital invested
Capital invested by funds: $25.2M → $29.8M (+$4.56M)
3.64% more ownership
Funds ownership: 31.99% → 35.63% (+3.6%)
0% more funds holding
Funds holding: 27 → 27 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.09M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.37M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$646K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$415K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$631K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$484K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$345K |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$236K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $2K | +$1.72K | +200 | New |
|
|
NSIM
27
North Star Investment Management
Chicago,
Illinois
| $1K | – | – | – |
|
|
SCM
28
Saba Capital Management
New York
| – | -$631K | -75,240 | Closed |
|
|
IA
29
Icon Advisers
Greenwood Village,
Colorado
| – | -$236K | -28,102 | Closed |
|
|
SI
30
SII Investments
Appleton,
Wisconsin
| – | -$129K | -15,438 | Closed |
|
31
Creative Planning
Overland Park,
Kansas
| – | -$121K | -14,410 | Closed |
|
|
MIG
32
Mariner Investment Group
Harrison,
New York
| – | -$84K | -10,000 | Closed |
|
AEF Hedge Fund Activity: Q4 2017 in Review
27 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in abrdn Emerging Markets Equity Income Fund (AEF) for Q4 2017, worth a combined $29.8M — up 18% from $25.2M a quarter earlier.
Fund positioning in AEF was balanced in Q4 2017: 5 funds opened new positions, 5 closed out, 7 added to existing stakes and 10 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.09M. The largest seller was Saba Capital Management, exiting entirely with an estimated $631K sold.
- 27 institutional investors held abrdn Emerging Markets Equity Income Fund (AEF) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $29.8M of abrdn Emerging Markets Equity Income Fund stock for Q4 2017, up 18% quarter-over-quarter.
- 5 funds opened new abrdn Emerging Markets Equity Income Fund positions in Q4 2017 and 5 closed out, a net change of 0 holders.
- The largest abrdn Emerging Markets Equity Income Fund buyer in Q4 2017 was Karpus Investment Management, an estimated $2.09M added.
- The largest abrdn Emerging Markets Equity Income Fund seller in Q4 2017 was Saba Capital Management, an estimated $631K sold.
Based on aggregated 13F filings for Q4 2017.