Central and Eastern Europe Fund
CEE
26 hedge funds and large institutions have $93.2M invested in Central and Eastern Europe Fund in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 25 → 26 (+1)
3% more capital invested
Capital invested by funds: $90.4M → $93.2M (+$2.76M)
0.95% less ownership
Funds ownership: 56.97% → 56.02% (-0.95%)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$437K |
| 3 |
Citigroup
New York
|
+$431K |
| 4 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
+$174K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$19.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.24M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.46M |
| 3 |
Lazard Asset Management
New York
|
-$708K |
| 4 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$481K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$206K |
CEE Hedge Fund Activity: Q3 2016 in Review
26 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q3 2016, worth a combined $93.2M — up 3.1% from $90.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CEE positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Matisse Capital, adding an estimated $2.7M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.24M sold.
- 26 institutional investors held Central and Eastern Europe Fund (CEE) as of Q3 2016, up from 25 in Q2 2016.
- Funds reported $93.2M of Central and Eastern Europe Fund stock for Q3 2016, up 3.1% quarter-over-quarter.
- 3 funds opened new Central and Eastern Europe Fund positions in Q3 2016 and 2 closed out, a net change of +1 holder.
- The largest Central and Eastern Europe Fund buyer in Q3 2016 was Matisse Capital, an estimated $2.7M added.
- The largest Central and Eastern Europe Fund seller in Q3 2016 was Rivernorth Capital Management, an estimated $2.24M sold.
Based on aggregated 13F filings for Q3 2016.