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CEE

Central and Eastern Europe Fund

25 hedge funds and large institutions have $92.5M invested in Central and Eastern Europe Fund in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.35% more ownership

Funds ownership: 59.6%59.95% (+0.35%)

7% less funds holding

Funds holding: 2725 (-2)

8% less capital invested

Capital invested by funds: $101M → $92.5M (-$8.3M)

44% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 9

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
25
Holders Change
-2
Holders Change %
-7.41%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
5
Reduced
9
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
$30.5M +$2.53M +108,876 +9%
Lazard Asset Management
2
Lazard Asset Management
New York
$22.2M -$253K -10,875 -1%
Wells Fargo
3
Wells Fargo
California
$14.8M +$59.2K +2,547 +0.4%
1CP
4
1607 Capital Partners
Virginia
$7.08M -$19.9K -857 -0.3%
SO
5
STRS Ohio
Ohio
$5.61M +$64.2K +2,760 +1%
GF
6
Gabelli Funds
New York
$3.89M
CA
7
Cornerstone Advisors
North Carolina
$2.38M -$31K -1,332 -1%
MC
8
Matisse Capital
Oregon
$1.92M -$214K -9,191 -10%
UCI
9
Uncommon Cents Investing
Wisconsin
$941K
PVWM
10
Point View Wealth Management
New Jersey
$663K -$1.21K -52 -0.2%
CL
11
CSS LLC
Illinois
$601K
MIC
12
Meridian Investment Counsel
California
$579K
Morgan Stanley
13
Morgan Stanley
New York
$355K -$31.1K -1,337 -8%
MIM
14
Montgomery Investment Management
Maryland
$319K -$7.21K -310 -2%
WT
15
Whittier Trust
California
$173K +$183K +7,856 New
UBS Group
16
UBS Group
Switzerland
$132K +$86.6K +3,725 +162%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$82K
SBL
18
Sargent Bickham Lagudis
Colorado
$58K +$61K +2,623 New
Bank of America
19
Bank of America
North Carolina
$49K -$930 -40 -2%
TJHA
20
Thomas J. Herzfeld Advisors
Florida
$39K
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$19K -$5.23K -225 -20%
TRCT
22
Tower Research Capital (TRC)
New York
$19K +$7.91K +340 +64%
Barclays
23
Barclays
United Kingdom
$15K
WAM
24
Wealthspire Advisors (Maryland)
Maryland
$7K
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$4K

CEE Hedge Fund Activity: Q4 2018 in Review

25 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q4 2018, worth a combined $92.5M — down 8.2% from $101M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of CEE and 2 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 5 added.

The largest buyer was City of London Investment Management, adding an estimated $2.53M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $910K sold.

  • 25 institutional investors held Central and Eastern Europe Fund (CEE) as of Q4 2018, down from 27 in Q3 2018.
  • Funds reported $92.5M of Central and Eastern Europe Fund stock for Q4 2018, down 8.2% quarter-over-quarter.
  • 2 funds opened new Central and Eastern Europe Fund positions in Q4 2018 and 4 closed out, a net change of -2 holders.
  • The largest Central and Eastern Europe Fund buyer in Q4 2018 was City of London Investment Management, an estimated $2.53M added.
  • The largest Central and Eastern Europe Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $910K sold.

Based on aggregated 13F filings for Q4 2018.