Central and Eastern Europe Fund
CEE
24 hedge funds and large institutions have $16.5M invested in Central and Eastern Europe Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
14% more funds holding
Funds holding: 21 → 24 (+3)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
0% less capital invested
Capital invested by funds: $16.6M → $16.5M (-$54.3K)
3.75% less ownership
Funds ownership: 30.99% → 27.24% (-3.7%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.11M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.17M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$694K |
| 4 |
MAP
Madison Avenue Partners
New York
|
+$553K |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGIC
Continental General Insurance Company
Austin,
Texas
|
-$5.02M |
| 2 |
WCM
Whitefort Capital Management
New York
|
-$1.8M |
| 3 |
Rockefeller Capital Management
New York
|
-$209K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$39.6K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$28.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| – | -$9 | -1 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$35 | +4 | New |
|
|
C
28
Covestor
London,
United Kingdom
| – | +$44 | +5 | +19% |
|
CEE Hedge Fund Activity: Q4 2023 in Review
24 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q4 2023, worth a combined $16.5M — down 0.33% from $16.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new CEE positions and 4 closed out — a net gain of 3 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $2.11M. The largest seller was Continental General Insurance Company, exiting entirely with an estimated $5.02M sold.
- 24 institutional investors held Central and Eastern Europe Fund (CEE) as of Q4 2023, up from 21 in Q3 2023.
- Funds reported $16.5M of Central and Eastern Europe Fund stock for Q4 2023, down 0.33% quarter-over-quarter.
- 7 funds opened new Central and Eastern Europe Fund positions in Q4 2023 and 4 closed out, a net change of +3 holders.
- The largest Central and Eastern Europe Fund buyer in Q4 2023 was Bulldog Investors, an estimated $2.11M added.
- The largest Central and Eastern Europe Fund seller in Q4 2023 was Continental General Insurance Company, an estimated $5.02M sold.
Based on aggregated 13F filings for Q4 2023.