First Trust/abrdn Emerging Opportunity Fund
FEO was delisted on the 1st of December, 2022.
24 hedge funds and large institutions have $20M invested in First Trust/abrdn Emerging Opportunity Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 23 → 24 (+1)
10% less capital invested
Capital invested by funds: $22.2M → $20M (-$2.27M)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$219K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$205K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$91.8K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$22.2K |
| 5 |
TC
Truvestments Capital
Sarasota,
Florida
|
+$10.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$394K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$282K |
| 3 |
Morgan Stanley
New York
|
-$277K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$234K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$219K |
FEO Hedge Fund Activity: Q3 2018 in Review
24 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Emerging Opportunity Fund (FEO) for Q3 2018, worth a combined $20M — down 10% from $22.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FEO positions and 4 closed out — a net gain of 1 holder — while 6 added to existing stakes and 11 trimmed.
The largest buyer was Invesco, adding an estimated $219K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $394K sold.
- 24 institutional investors held First Trust/abrdn Emerging Opportunity Fund (FEO) as of Q3 2018, up from 23 in Q2 2018.
- Funds reported $20M of First Trust/abrdn Emerging Opportunity Fund stock for Q3 2018, down 10% quarter-over-quarter.
- 5 funds opened new First Trust/abrdn Emerging Opportunity Fund positions in Q3 2018 and 4 closed out, a net change of +1 holder.
- The largest First Trust/abrdn Emerging Opportunity Fund buyer in Q3 2018 was Invesco, an estimated $219K added.
- The largest First Trust/abrdn Emerging Opportunity Fund seller in Q3 2018 was Susquehanna International Group, an estimated $394K sold.
Based on aggregated 13F filings for Q3 2018.