Central and Eastern Europe Fund
CEE
25 hedge funds and large institutions have $99M invested in Central and Eastern Europe Fund in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 4 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
1% more capital invested
Capital invested by funds: $97.9M → $99M (+$1.1M)
0.24% less ownership
Funds ownership: 54.81% → 54.57% (-0.24%)
4% less funds holding
Funds holding: 26 → 25 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$2.5M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$885K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$845K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$382K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SO
STRS Ohio
Columbus,
Ohio
|
-$2.29M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.96M |
| 3 |
Citigroup
New York
|
-$726K |
| 4 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$429K |
| 5 |
KLI
Kelman-Lazarov Inc
Memphis,
Tennessee
|
-$130K |
CEE Hedge Fund Activity: Q1 2017 in Review
25 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q1 2017, worth a combined $99M — up 1.1% from $97.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CEE and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 11 added.
The largest buyer was Lazard Asset Management, adding an estimated $2.5M. The largest seller was STRS Ohio, cutting an estimated $2.29M.
- 25 institutional investors held Central and Eastern Europe Fund (CEE) as of Q1 2017, down from 26 in Q4 2016.
- Funds reported $99M of Central and Eastern Europe Fund stock for Q1 2017, up 1.1% quarter-over-quarter.
- 3 funds opened new Central and Eastern Europe Fund positions in Q1 2017 and 4 closed out, a net change of -1 holder.
- The largest Central and Eastern Europe Fund buyer in Q1 2017 was Lazard Asset Management, an estimated $2.5M added.
- The largest Central and Eastern Europe Fund seller in Q1 2017 was STRS Ohio, an estimated $2.29M sold.
Based on aggregated 13F filings for Q1 2017.