First Trust/abrdn Emerging Opportunity Fund
FEO was delisted on the 1st of December, 2022.
28 hedge funds and large institutions have $31.4M invested in First Trust/abrdn Emerging Opportunity Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
12% more funds holding
Funds holding: 25 → 28 (+3)
18% less capital invested
Capital invested by funds: $38.2M → $31.4M (-$6.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.54M |
| 2 |
Lazard Asset Management
New York
|
+$800K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$453K |
| 4 |
Morgan Stanley
New York
|
+$444K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
-$4.44M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.9M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$172K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$169K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$118K |
FEO Hedge Fund Activity: Q4 2016 in Review
28 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Emerging Opportunity Fund (FEO) for Q4 2016, worth a combined $31.4M — down 18% from $38.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FEO positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Matisse Capital, opening a new position worth an estimated $1.54M. The largest seller was Camarda Financial Advisors, exiting entirely with an estimated $4.44M sold.
- 28 institutional investors held First Trust/abrdn Emerging Opportunity Fund (FEO) as of Q4 2016, up from 25 in Q3 2016.
- Funds reported $31.4M of First Trust/abrdn Emerging Opportunity Fund stock for Q4 2016, down 18% quarter-over-quarter.
- 6 funds opened new First Trust/abrdn Emerging Opportunity Fund positions in Q4 2016 and 3 closed out, a net change of +3 holders.
- The largest First Trust/abrdn Emerging Opportunity Fund buyer in Q4 2016 was Matisse Capital, an estimated $1.54M added.
- The largest First Trust/abrdn Emerging Opportunity Fund seller in Q4 2016 was Camarda Financial Advisors, an estimated $4.44M sold.
Based on aggregated 13F filings for Q4 2016.