abrdn Emerging Markets Equity Income Fund
AEF
70 hedge funds and large institutions have $246M invested in abrdn Emerging Markets Equity Income Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 10 closing their positions.
19.62% more ownership
Funds ownership: 36.91% → 56.53% (+20%)
18% more capital invested
Capital invested by funds: $209M → $246M (+$37.2M)
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
4% less funds holding
Funds holding: 73 → 70 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.83M |
| 2 |
RVPG
Relative Value Partners Group
|
+$3.46M |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.2M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.08M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$802K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.78M |
| 2 |
VCWA
Vanguard Capital Wealth Advisors
Denver,
Colorado
|
-$741K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$408K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$399K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$357K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HR
76
Howe & Rusling
Rochester,
New York
| – | -$7K | -1,031 | Closed |
|
77
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$4K | -620 | Closed |
|
|
IA
78
IFP Advisors
Tampa,
Florida
| – | -$2K | -247 | Closed |
|
79
Fidelity Investments
Boston,
Massachusetts
| – | +$7 | +1 | New |
|
AEF Hedge Fund Activity: Q1 2019 in Review
70 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in abrdn Emerging Markets Equity Income Fund (AEF) for Q1 2019, worth a combined $246M — up 18% from $209M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of AEF and 7 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 22 added.
The largest buyer was Wells Fargo, adding an estimated $3.83M. The largest seller was 1607 Capital Partners, cutting an estimated $1.78M.
- 70 institutional investors held abrdn Emerging Markets Equity Income Fund (AEF) as of Q1 2019, down from 73 in Q4 2018.
- Funds reported $246M of abrdn Emerging Markets Equity Income Fund stock for Q1 2019, up 18% quarter-over-quarter.
- 7 funds opened new abrdn Emerging Markets Equity Income Fund positions in Q1 2019 and 10 closed out, a net change of -3 holders.
- The largest abrdn Emerging Markets Equity Income Fund buyer in Q1 2019 was Wells Fargo, an estimated $3.83M added.
- The largest abrdn Emerging Markets Equity Income Fund seller in Q1 2019 was 1607 Capital Partners, an estimated $1.78M sold.
Based on aggregated 13F filings for Q1 2019.