Central and Eastern Europe Fund
CEE
28 hedge funds and large institutions have $17.3M invested in Central and Eastern Europe Fund in 2025 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 5 closing their positions.
31% more capital invested
Capital invested by funds: $13.2M → $17.3M (+$4.07M)
1.35% more ownership
Funds ownership: 13.48% → 14.83% (+1.3%)
3% less funds holding
Funds holding: 29 → 28 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
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
|
+$944K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$621K |
| 3 |
MG
Marex Group
London,
|
+$550K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$345K |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$535K |
| 2 |
AWP
Accretive Wealth Partners
Parsippany,
New Jersey
|
-$275K |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$188K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$179K |
| 5 |
IPAM
Investment Partners Asset Management
Metuchen,
New Jersey
|
-$70.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $2.05K | +$2.15K | +134 | New |
|
|
C
27
Covestor
London,
United Kingdom
| $1K | – | – | – |
|
28
Wells Fargo
San Francisco,
California
| $16 | – | – | – |
|
|
AWP
29
Accretive Wealth Partners
Parsippany,
New Jersey
| – | -$275K | -17,699 | Closed |
|
|
30
Balyasny Asset Management
Chicago,
Illinois
| – | -$188K | -12,116 | Closed |
|
|
XT
31
XTX Topco
George Town,
Cayman Islands
| – | -$179K | -11,515 | Closed |
|
32
Bank of America
Charlotte,
North Carolina
| – | -$7.01K | -452 | Closed |
|
33
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$5.41K | -350 | Closed |
|
CEE Hedge Fund Activity: Q3 2025 in Review
28 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q3 2025, worth a combined $17.3M — up 31% from $13.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CEE and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 4 added.
The largest buyer was Bulldog Investors, adding an estimated $944K. The largest seller was Stifel Financial, cutting an estimated $535K.
- 28 institutional investors held Central and Eastern Europe Fund (CEE) as of Q3 2025, down from 29 in Q2 2025.
- Funds reported $17.3M of Central and Eastern Europe Fund stock for Q3 2025, up 31% quarter-over-quarter.
- 4 funds opened new Central and Eastern Europe Fund positions in Q3 2025 and 5 closed out, a net change of -1 holder.
- The largest Central and Eastern Europe Fund buyer in Q3 2025 was Bulldog Investors, an estimated $944K added.
- The largest Central and Eastern Europe Fund seller in Q3 2025 was Stifel Financial, an estimated $535K sold.
Based on aggregated 13F filings for Q3 2025.