First Trust/abrdn Emerging Opportunity Fund
FEO was delisted on the 1st of December, 2022.
22 hedge funds and large institutions have $28.2M invested in First Trust/abrdn Emerging Opportunity Fund in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 3 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
1% less capital invested
Capital invested by funds: $28.5M → $28.2M (-$346K)
8% less funds holding
Funds holding: 24 → 22 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$273K |
| 2 |
Morgan Stanley
New York
|
+$173K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$65.6K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$46.1K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$29.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$754K |
| 2 |
Lazard Asset Management
New York
|
-$602K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$448K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$116K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$40K |
FEO Hedge Fund Activity: Q3 2017 in Review
22 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Emerging Opportunity Fund (FEO) for Q3 2017, worth a combined $28.2M — down 1.2% from $28.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FEO and 1 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Royal Bank of Canada, adding an estimated $273K. The largest seller was 1607 Capital Partners, cutting an estimated $754K.
- 22 institutional investors held First Trust/abrdn Emerging Opportunity Fund (FEO) as of Q3 2017, down from 24 in Q2 2017.
- Funds reported $28.2M of First Trust/abrdn Emerging Opportunity Fund stock for Q3 2017, down 1.2% quarter-over-quarter.
- 1 fund opened new First Trust/abrdn Emerging Opportunity Fund positions in Q3 2017 and 3 closed out, a net change of -2 holders.
- The largest First Trust/abrdn Emerging Opportunity Fund buyer in Q3 2017 was Royal Bank of Canada, an estimated $273K added.
- The largest First Trust/abrdn Emerging Opportunity Fund seller in Q3 2017 was 1607 Capital Partners, an estimated $754K sold.
Based on aggregated 13F filings for Q3 2017.