Central and Eastern Europe Fund
CEE
29 hedge funds and large institutions have $13.2M invested in Central and Eastern Europe Fund in 2025 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
7% more funds holding
Funds holding: 27 → 29 (+2)
2.53% less ownership
Funds ownership: 16.01% → 13.48% (-2.5%)
11% less capital invested
Capital invested by funds: $14.8M → $13.2M (-$1.61M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$197K |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$179K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$178K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$170K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Rangeley Capital
New Canaan,
Connecticut
|
-$1.64M |
| 2 |
MG
Marex Group
London,
|
-$759K |
| 3 |
THC
Truffle Hound Capital
Bethesda,
Maryland
|
-$443K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$241K |
| 5 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$142K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $3.34K | – | – | – |
|
|
RFG
27
REAP Financial Group
Austin,
Texas
| $2.45K | – | – | – |
|
|
C
28
Covestor
London,
United Kingdom
| $1K | – | – | – |
|
29
Wells Fargo
San Francisco,
California
| $10 | – | – | – |
|
|
RC
30
Rangeley Capital
New Canaan,
Connecticut
| – | -$1.64M | -113,892 | Closed |
|
|
MG
31
Marex Group
London,
| – | -$759K | -52,623 | Closed |
|
|
THC
32
Truffle Hound Capital
Bethesda,
Maryland
| – | -$443K | -30,683 | Closed |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$241K | -16,697 | Closed |
|
CEE Hedge Fund Activity: Q2 2025 in Review
29 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q2 2025, worth a combined $13.2M — down 11% from $14.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new CEE positions and 4 closed out — a net gain of 2 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $197K. The largest seller was Rangeley Capital, exiting entirely with an estimated $1.64M sold.
- 29 institutional investors held Central and Eastern Europe Fund (CEE) as of Q2 2025, up from 27 in Q1 2025.
- Funds reported $13.2M of Central and Eastern Europe Fund stock for Q2 2025, down 11% quarter-over-quarter.
- 6 funds opened new Central and Eastern Europe Fund positions in Q2 2025 and 4 closed out, a net change of +2 holders.
- The largest Central and Eastern Europe Fund buyer in Q2 2025 was Bulldog Investors, an estimated $197K added.
- The largest Central and Eastern Europe Fund seller in Q2 2025 was Rangeley Capital, an estimated $1.64M sold.
Based on aggregated 13F filings for Q2 2025.