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CEE

Central and Eastern Europe Fund

24 hedge funds and large institutions have $111M invested in Central and Eastern Europe Fund in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.22% more ownership

Funds ownership: 62.89%63.11% (+0.22%)

4% less capital invested

Capital invested by funds: $116M → $111M (-$4.7M)

4% less funds holding

Funds holding: 2524 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

50% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 8

Holders
24
Holders Change
-1
Holders Change %
-4%
% of All Funds
0.53%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
8
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
$40.8M +$881K +33,782 +2%
Lazard Asset Management
2
Lazard Asset Management
New York
$29.1M +$36.5K +1,400 +0.1%
Wells Fargo
3
Wells Fargo
California
$16.7M -$886K -33,969 -5%
1CP
4
1607 Capital Partners
Virginia
$8.45M +$704 +27 +0%
SO
5
STRS Ohio
Ohio
$6.63M
GF
6
Gabelli Funds
New York
$4.46M
UCI
7
Uncommon Cents Investing
Wisconsin
$1.09M
CL
8
CSS LLC
Illinois
$711K
PVWM
9
Point View Wealth Management
New Jersey
$683K -$102K -3,921 -13%
MIC
10
Meridian Investment Counsel
California
$679K -$6.7K -257 -1%
Morgan Stanley
11
Morgan Stanley
New York
$392K -$2.66K -102 -0.7%
WAM
12
Wolverine Asset Management
Illinois
$330K +$265K +10,174 +400%
MC
13
Matisse Capital
Oregon
$311K
MIM
14
Montgomery Investment Management
Maryland
$302K
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$289K +$290K +11,106 New
UBS Group
16
UBS Group
Switzerland
$158K -$35.9K -1,377 -18%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$96K
Bank of America
18
Bank of America
North Carolina
$59K -$130 -5 -0.2%
SBL
19
Sargent Bickham Lagudis
Colorado
$58K -$10.6K -408 -16%
TJHA
20
Thomas J. Herzfeld Advisors
Florida
$47K -$26 -1 -0.1%
Barclays
21
Barclays
United Kingdom
$18K
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$5K
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$3K +$2.61K +100 New
BL
24
Balentine LLC
Georgia
-$27K -1,000 Closed
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
-$25K -912 Closed

CEE Hedge Fund Activity: Q3 2019 in Review

24 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q3 2019, worth a combined $111M — down 4% from $116M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of CEE and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 4 added.

The largest buyer was City of London Investment Management, adding an estimated $881K. The largest seller was Wells Fargo, cutting an estimated $886K.

  • 24 institutional investors held Central and Eastern Europe Fund (CEE) as of Q3 2019, down from 25 in Q2 2019.
  • Funds reported $111M of Central and Eastern Europe Fund stock for Q3 2019, down 4% quarter-over-quarter.
  • 2 funds opened new Central and Eastern Europe Fund positions in Q3 2019 and 3 closed out, a net change of -1 holder.
  • The largest Central and Eastern Europe Fund buyer in Q3 2019 was City of London Investment Management, an estimated $881K added.
  • The largest Central and Eastern Europe Fund seller in Q3 2019 was Wells Fargo, an estimated $886K sold.

Based on aggregated 13F filings for Q3 2019.