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CEE

Central and Eastern Europe Fund

24 hedge funds and large institutions have $108M invested in Central and Eastern Europe Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 5

7.75% more ownership

Funds ownership: 52.23%59.98% (+7.7%)

0% more capital invested

Capital invested by funds: $108M → $108M (+$218K)

4% less funds holding

Funds holding: 2524 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
24
Holders Change
-1
Holders Change %
-4%
% of All Funds
0.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
8
Reduced
5
Closed
3
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
$32.7M -$4.06M -181,708 -10%
Lazard Asset Management
2
Lazard Asset Management
New York
$30.8M +$65.8K +2,950 +0.2%
Wells Fargo
3
Wells Fargo
California
$15M +$2.72M +121,919 +20%
SO
4
STRS Ohio
Ohio
$7.96M
1CP
5
1607 Capital Partners
Virginia
$6.49M +$289K +12,968 +4%
GF
6
Gabelli Funds
New York
$4.07M
RCM
7
Rivernorth Capital Management
Florida
$3.1M
GFM
8
Gramercy Funds Management
Connecticut
$2.58M -$1.62M -72,545 -37%
MIM
9
Montgomery Investment Management
Maryland
$1.1M
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$907K +$203K +9,113 +26%
CL
11
CSS LLC
Illinois
$832K
SI
12
SII Investments
Wisconsin
$702K +$174K +7,775 +30%
MIC
13
Meridian Investment Counsel
California
$666K -$12.4K -556 -2%
Morgan Stanley
14
Morgan Stanley
New York
$441K -$42.1K -1,888 -8%
DA
15
Doliver Advisors
Texas
$416K +$445K +19,939 New
PVWM
16
Point View Wealth Management
New Jersey
$309K +$331K +14,825 New
UBS Group
17
UBS Group
Switzerland
$139K +$50.4K +2,260 +51%
TJHA
18
Thomas J. Herzfeld Advisors
Florida
$86K
Bank of America
19
Bank of America
North Carolina
$82K -$30.4K -1,360 -26%
Citigroup
20
Citigroup
New York
$46K +$14.8K +664 +63%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$11K
TRCT
22
Tower Research Capital (TRC)
New York
$3K +$1.36K +61 +65%
AIG
23
American International Group
New York
$814
Canada Life
24
Canada Life
Manitoba, Canada
-$26K -1,291 Closed
Creative Planning
25
Creative Planning
Kansas
-$15K -752 Closed

CEE Hedge Fund Activity: Q2 2015 in Review

24 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q2 2015, worth a combined $108M — up 0.2% from $108M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of CEE and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 8 added.

The largest buyer was Wells Fargo, adding an estimated $2.72M. The largest seller was City of London Investment Management, cutting an estimated $4.06M.

  • 24 institutional investors held Central and Eastern Europe Fund (CEE) as of Q2 2015, down from 25 in Q1 2015.
  • Funds reported $108M of Central and Eastern Europe Fund stock for Q2 2015, up 0.2% quarter-over-quarter.
  • 2 funds opened new Central and Eastern Europe Fund positions in Q2 2015 and 3 closed out, a net change of -1 holder.
  • The largest Central and Eastern Europe Fund buyer in Q2 2015 was Wells Fargo, an estimated $2.72M added.
  • The largest Central and Eastern Europe Fund seller in Q2 2015 was City of London Investment Management, an estimated $4.06M sold.

Based on aggregated 13F filings for Q2 2015.