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CEE

Central and Eastern Europe Fund

24 hedge funds and large institutions have $36.5M invested in Central and Eastern Europe Fund in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

4% more funds holding

Funds holding: 2324 (+1)

26.64% less ownership

Funds ownership: 68.9%42.25% (-27%)

38% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 8

69% less capital invested

Capital invested by funds: $118M → $36.5M (-$81M)

Holders
24
Holders Change
+1
Holders Change %
+4.35%
% of All Funds
0.38%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
5
Reduced
8
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
1
Lazard Asset Management
New York
$15.7M -$785K -42,529 -3%
COLIM
2
City of London Investment Management
United Kingdom
$9.02M -$16.1M -873,125 -56%
1CP
3
1607 Capital Partners
Virginia
$3.96M +$142K +7,686 +3%
GF
4
Gabelli Funds
New York
$2.1M +$93K +5,036 +3%
UCI
5
Uncommon Cents Investing
Wisconsin
$1.03M +$267K +14,488 +23%
NFG
6
Nations Financial Group
Iowa
$762K +$1.05M +56,944 New
CG
7
Cutler Group
California
$535K +$738K +40,000 New
Stifel Financial
8
Stifel Financial
Missouri
$513K +$707K +38,285 New
MC
9
Matisse Capital
Oregon
$483K -$425K -23,005 -39%
Rockefeller Capital Management
10
Rockefeller Capital Management
New York
$482K +$665K +36,000 New
BI
11
Bulldog Investors
New Jersey
$331K
CC
12
Cannell Capital
Wyoming
$249K +$343K +18,593 New
Morgan Stanley
13
Morgan Stanley
New York
$231K -$20.3K -1,099 -6%
MIC
14
Meridian Investment Counsel
California
$223K
PGFC
15
Peapack-Gladstone Financial Corp
New Jersey
$213K -$112K -6,060 -28%
Belvedere Trading
16
Belvedere Trading
Illinois
$211K +$350K +18,934 New
SFS
17
Shaker Financial Services
Virginia
$202K -$849 -46 -0.3%
SPIA
18
Steward Partners Investment Advisory
New York
$143K +$198K +10,714 New
Bank of America
19
Bank of America
North Carolina
$42K -$4.04K -219 -7%
Barclays
20
Barclays
United Kingdom
$6K
UB
21
UMB Bank
Missouri
$6K +$332 +18 +4%
Wells Fargo
22
Wells Fargo
California
$4K -$645K -34,958 -99%
TJHA
23
Thomas J. Herzfeld Advisors
Florida
$3K
UBS Group
24
UBS Group
Switzerland
$1K +$37 +2 +4%
Allspring Global Investments
25
Allspring Global Investments
North Carolina
-$18.9M -715,086 Closed

CEE Hedge Fund Activity: Q1 2022 in Review

24 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Central and Eastern Europe Fund (CEE) for Q1 2022, worth a combined $36.5M — down 69% from $118M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new CEE positions and 6 closed out — a net gain of 1 holder — while 5 added to existing stakes and 8 trimmed.

The largest buyer was Nations Financial Group, opening a new position worth an estimated $1.05M. The largest seller was Allspring Global Investments, exiting entirely with an estimated $18.9M sold.

  • 24 institutional investors held Central and Eastern Europe Fund (CEE) as of Q1 2022, up from 23 in Q4 2021.
  • Funds reported $36.5M of Central and Eastern Europe Fund stock for Q1 2022, down 69% quarter-over-quarter.
  • 7 funds opened new Central and Eastern Europe Fund positions in Q1 2022 and 6 closed out, a net change of +1 holder.
  • The largest Central and Eastern Europe Fund buyer in Q1 2022 was Nations Financial Group, an estimated $1.05M added.
  • The largest Central and Eastern Europe Fund seller in Q1 2022 was Allspring Global Investments, an estimated $18.9M sold.

Based on aggregated 13F filings for Q1 2022.