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EEA

European Equity Fund

26 hedge funds and large institutions have $33.1M invested in European Equity Fund in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

8% more funds holding

Funds holding: 2426 (+2)

4.46% less ownership

Funds ownership: 41.32%36.87% (-4.5%)

10% less capital invested

Capital invested by funds: $36.7M → $33.1M (-$3.58M)

63% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 8

Holders
26
Holders Change
+2
Holders Change %
+8.33%
% of All Funds
0.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
3
Reduced
8
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$10.8M -$159K -17,830 -1%
Lazard Asset Management
2
Lazard Asset Management
New York
$7.17M -$476K -53,223 -6%
KIM
3
Karpus Investment Management
New York
$6.43M -$218K -24,368 -3%
Wells Fargo
4
Wells Fargo
California
$2.61M -$1.39M -155,275 -35%
SFS
5
Shaker Financial Services
Virginia
$2.14M +$718K +80,290 +51%
GFM
6
Gramercy Funds Management
Connecticut
$1.88M -$283K -31,600 -13%
FAAS
7
First Allied Advisory Services
California
$531K -$2.16K -242 -0.4%
GF
8
Gabelli Funds
New York
$316K
RJA
9
Raymond James & Associates
Florida
$295K -$33.5K -3,750 -10%
PNC Financial Services Group
10
PNC Financial Services Group
Pennsylvania
$181K
Morgan Stanley
11
Morgan Stanley
New York
$159K +$79K +8,836 +101%
TJHA
12
Thomas J. Herzfeld Advisors
Florida
$153K
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$100K
TC
14
TFS Capital
Pennsylvania
$99K +$98.2K +10,979 New
BBPWM
15
Blue Bell Private Wealth Management
Pennsylvania
$91K +$90.2K +10,090 New
NSIM
16
North Star Investment Management
Illinois
$56K +$55K +6,152 New
US Bancorp
17
US Bancorp
Minnesota
$35K
Bank of America
18
Bank of America
North Carolina
$31K -$127K -14,250 -81%
Citigroup
19
Citigroup
New York
$29K +$17.4K +1,947 +151%
U
20
UBS
Switzerland
$16K +$15.8K +1,763 New
WAM
21
Wolverine Asset Management
Illinois
$10K +$10.2K +1,145 New
1IC
22
1919 Investment Counsel
Maryland
$5K
DAM
23
Delta Asset Management
Tennessee
$5K
NES
24
New England Securities
New York
$3K
TRCT
25
Tower Research Capital (TRC)
New York
$1K +$1.26K +141 New

EEA Hedge Fund Activity: Q1 2014 in Review

26 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in European Equity Fund (EEA) for Q1 2014, worth a combined $33.1M — down 9.8% from $36.7M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new EEA positions and 2 closed out — a net gain of 4 holders — while 3 added to existing stakes and 8 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $718K. The largest seller was Wells Fargo, cutting an estimated $1.39M.

  • 26 institutional investors held European Equity Fund (EEA) as of Q1 2014, up from 24 in Q4 2013.
  • Funds reported $33.1M of European Equity Fund stock for Q1 2014, down 9.8% quarter-over-quarter.
  • 6 funds opened new European Equity Fund positions in Q1 2014 and 2 closed out, a net change of +4 holders.
  • The largest European Equity Fund buyer in Q1 2014 was Shaker Financial Services, an estimated $718K added.
  • The largest European Equity Fund seller in Q1 2014 was Wells Fargo, an estimated $1.39M sold.

Based on aggregated 13F filings for Q1 2014.