Central and Eastern Europe Fund
CEE
23 hedge funds and large institutions have $95.7M invested in Central and Eastern Europe Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
23% more capital invested
Capital invested by funds: $78.1M → $95.7M (+$17.6M)
5% more funds holding
Funds holding: 22 → 23 (+1)
2.88% more ownership
Funds ownership: 65.41% → 68.29% (+2.9%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$1.48M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$954K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$754K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$70.2K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$70K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$236K |
| 2 |
LCM
Legato Capital Management
San Francisco,
California
|
-$148K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$66K |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
-$37.1K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$20.1K |
CEE Hedge Fund Activity: Q2 2020 in Review
23 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q2 2020, worth a combined $95.7M — up 23% from $78.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CEE positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $1.48M. The largest seller was Cornerstone Advisors, cutting an estimated $236K.
- 23 institutional investors held Central and Eastern Europe Fund (CEE) as of Q2 2020, up from 22 in Q1 2020.
- Funds reported $95.7M of Central and Eastern Europe Fund stock for Q2 2020, up 23% quarter-over-quarter.
- 3 funds opened new Central and Eastern Europe Fund positions in Q2 2020 and 2 closed out, a net change of +1 holder.
- The largest Central and Eastern Europe Fund buyer in Q2 2020 was Lazard Asset Management, an estimated $1.48M added.
- The largest Central and Eastern Europe Fund seller in Q2 2020 was Cornerstone Advisors, an estimated $236K sold.
Based on aggregated 13F filings for Q2 2020.