First Trust/abrdn Emerging Opportunity Fund
FEO was delisted on the 1st of December, 2022.
21 hedge funds and large institutions have $21.9M invested in First Trust/abrdn Emerging Opportunity Fund in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 6 closing their positions.
6% less capital invested
Capital invested by funds: $23.3M → $21.9M (-$1.38M)
16% less funds holding
Funds holding: 25 → 21 (-4)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$469K |
| 2 |
Morgan Stanley
New York
|
+$398K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$288K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$207K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.69M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$830K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$610K |
| 4 |
Lazard Asset Management
New York
|
-$342K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$188K |
FEO Hedge Fund Activity: Q2 2021 in Review
21 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Emerging Opportunity Fund (FEO) for Q2 2021, worth a combined $21.9M — down 5.9% from $23.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FEO and 2 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Baird Financial Group, opening a new position worth an estimated $469K. The largest seller was 1607 Capital Partners, cutting an estimated $1.69M.
- 21 institutional investors held First Trust/abrdn Emerging Opportunity Fund (FEO) as of Q2 2021, down from 25 in Q1 2021.
- Funds reported $21.9M of First Trust/abrdn Emerging Opportunity Fund stock for Q2 2021, down 5.9% quarter-over-quarter.
- 2 funds opened new First Trust/abrdn Emerging Opportunity Fund positions in Q2 2021 and 6 closed out, a net change of -4 holders.
- The largest First Trust/abrdn Emerging Opportunity Fund buyer in Q2 2021 was Baird Financial Group, an estimated $469K added.
- The largest First Trust/abrdn Emerging Opportunity Fund seller in Q2 2021 was 1607 Capital Partners, an estimated $1.69M sold.
Based on aggregated 13F filings for Q2 2021.