First Trust/abrdn Emerging Opportunity Fund
FEO was delisted on the 1st of December, 2022.
24 hedge funds and large institutions have $30.4M invested in First Trust/abrdn Emerging Opportunity Fund in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 5 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
3% less capital invested
Capital invested by funds: $31.4M → $30.4M (-$1.01M)
14% less funds holding
Funds holding: 28 → 24 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$825K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$730K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$555K |
| 4 |
LPL Financial
San Diego,
California
|
+$80.1K |
| 5 |
Morgan Stanley
New York
|
+$80K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.47M |
| 2 |
Lazard Asset Management
New York
|
-$1.33M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$924K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$183K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$139K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
26
Doliver Advisors
Houston,
Texas
| – | -$183K | -13,136 | Closed |
|
|
FAAS
27
First Allied Advisory Services
San Diego,
California
| – | -$139K | -10,010 | Closed |
|
28
Creative Planning
Overland Park,
Kansas
| – | -$8K | -600 | Closed |
|
|
AA
29
Ancora Advisors
Cleveland,
Ohio
| – | -$3K | -209 | Closed |
|
FEO Hedge Fund Activity: Q1 2017 in Review
24 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Emerging Opportunity Fund (FEO) for Q1 2017, worth a combined $30.4M — down 3.2% from $31.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FEO and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 13 added.
The largest buyer was Wells Fargo, adding an estimated $825K. The largest seller was City of London Investment Management, exiting entirely with an estimated $3.47M sold.
- 24 institutional investors held First Trust/abrdn Emerging Opportunity Fund (FEO) as of Q1 2017, down from 28 in Q4 2016.
- Funds reported $30.4M of First Trust/abrdn Emerging Opportunity Fund stock for Q1 2017, down 3.2% quarter-over-quarter.
- 2 funds opened new First Trust/abrdn Emerging Opportunity Fund positions in Q1 2017 and 5 closed out, a net change of -3 holders.
- The largest First Trust/abrdn Emerging Opportunity Fund buyer in Q1 2017 was Wells Fargo, an estimated $825K added.
- The largest First Trust/abrdn Emerging Opportunity Fund seller in Q1 2017 was City of London Investment Management, an estimated $3.47M sold.
Based on aggregated 13F filings for Q1 2017.