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CEE

Central and Eastern Europe Fund

33 hedge funds and large institutions have $179M invested in Central and Eastern Europe Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $170M → $179M (+$8.76M)

2.07% more ownership

Funds ownership: 59.72%61.8% (+2.1%)

0% more funds holding

Funds holding: 3333 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

54% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 13

Holders
33
Holders Change
Holders Change %
0%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
6
Reduced
13
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
COLIM
1
City of London Investment Management
United Kingdom
$68.2M -$8.68M -330,507 -12%
Lazard Asset Management
2
Lazard Asset Management
New York
$55.3M -$1.32M -50,204 -2%
SO
3
STRS Ohio
Ohio
$11.8M +$5.8K +221 +0.1%
Wells Fargo
4
Wells Fargo
California
$10.8M +$44.2K +1,682 +0.4%
1CP
5
1607 Capital Partners
Virginia
$8.75M -$135K -5,135 -2%
GF
6
Gabelli Funds
New York
$5.93M
GFM
7
Gramercy Funds Management
Connecticut
$4.99M +$1.78M +67,687 +61%
RCM
8
Rivernorth Capital Management
Florida
$4.65M
WAM
9
Wolverine Asset Management
Illinois
$1.24M +$777K +29,575 +202%
MIM
10
Montgomery Investment Management
Maryland
$1.03M -$7.12K -271 -0.7%
MIC
11
Meridian Investment Counsel
California
$983K -$6.91K -263 -0.7%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$838K -$1.84M -70,080 -70%
CL
13
CSS LLC
Illinois
$835K
SI
14
SII Investments
Wisconsin
$577K +$542K +20,647 New
Morgan Stanley
15
Morgan Stanley
New York
$564K -$134K -5,099 -20%
OC
16
Oppenheimer & Co
New York
$334K -$1.79K -68 -0.6%
BI
17
Bulldog Investors
New Jersey
$331K
TC
18
TFS Capital
Pennsylvania
$324K +$3.26K +124 +1%
EGA
19
Eagle Global Advisors
Texas
$267K
GI
20
GAMCO Investors
Connecticut
$240K
Truist Financial
21
Truist Financial
North Carolina
$205K +$193K +7,345 New
Bank of America
22
Bank of America
North Carolina
$156K -$92.7K -3,531 -39%
U
23
UBS
Switzerland
$151K -$42.7K -1,626 -23%
AG
24
Ashmore Group
United Kingdom
$151K
TJHA
25
Thomas J. Herzfeld Advisors
Florida
$130K -$5.09K -194 -4%

CEE Hedge Fund Activity: Q2 2014 in Review

33 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q2 2014, worth a combined $179M — up 5.2% from $170M a quarter earlier.

Fund positioning in CEE was balanced in Q2 2014: 4 funds opened new positions, 4 closed out, 6 added to existing stakes and 13 trimmed.

The largest buyer was Gramercy Funds Management, adding an estimated $1.78M. The largest seller was City of London Investment Management, cutting an estimated $8.68M.

  • 33 institutional investors held Central and Eastern Europe Fund (CEE) as of Q2 2014, unchanged from Q1 2014.
  • Funds reported $179M of Central and Eastern Europe Fund stock for Q2 2014, up 5.2% quarter-over-quarter.
  • 4 funds opened new Central and Eastern Europe Fund positions in Q2 2014 and 4 closed out, a net change of 0 holders.
  • The largest Central and Eastern Europe Fund buyer in Q2 2014 was Gramercy Funds Management, an estimated $1.78M added.
  • The largest Central and Eastern Europe Fund seller in Q2 2014 was City of London Investment Management, an estimated $8.68M sold.

Based on aggregated 13F filings for Q2 2014.