abrdn Emerging Markets Equity Income Fund
AEF
59 hedge funds and large institutions have $156M invested in abrdn Emerging Markets Equity Income Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 8 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
9.99% more ownership
Funds ownership: 49.49% → 59.48% (+10%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 62 → 59 (-3)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
31% less capital invested
Capital invested by funds: $225M → $156M (-$69.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$5.04M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.77M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.15M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$853K |
| 5 |
Lazard Asset Management
New York
|
+$622K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.63M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.31M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.12M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$980K |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$319K |
AEF Hedge Fund Activity: Q1 2020 in Review
59 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in abrdn Emerging Markets Equity Income Fund (AEF) for Q1 2020, worth a combined $156M — down 31% from $225M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of AEF and 7 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 18 added.
The largest buyer was City of London Investment Management, adding an estimated $5.04M. The largest seller was Wolverine Asset Management, cutting an estimated $2.63M.
- 59 institutional investors held abrdn Emerging Markets Equity Income Fund (AEF) as of Q1 2020, down from 62 in Q4 2019.
- Funds reported $156M of abrdn Emerging Markets Equity Income Fund stock for Q1 2020, down 31% quarter-over-quarter.
- 7 funds opened new abrdn Emerging Markets Equity Income Fund positions in Q1 2020 and 8 closed out, a net change of -1 holder.
- The largest abrdn Emerging Markets Equity Income Fund buyer in Q1 2020 was City of London Investment Management, an estimated $5.04M added.
- The largest abrdn Emerging Markets Equity Income Fund seller in Q1 2020 was Wolverine Asset Management, an estimated $2.63M sold.
Based on aggregated 13F filings for Q1 2020.