First Trust/abrdn Emerging Opportunity Fund
FEO was delisted on the 1st of December, 2022.
24 hedge funds and large institutions have $17.5M invested in First Trust/abrdn Emerging Opportunity Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
8% less funds holding
Funds holding: 26 → 24 (-2)
30% less capital invested
Capital invested by funds: $25M → $17.5M (-$7.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$473K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$396K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$199K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$178K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$884K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$485K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$405K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$265K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$205K |
FEO Hedge Fund Activity: Q1 2020 in Review
24 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Emerging Opportunity Fund (FEO) for Q1 2020, worth a combined $17.5M — down 30% from $25M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FEO positions and 5 closed out — a net gain of 1 holder — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.5M. The largest seller was 1607 Capital Partners, cutting an estimated $884K.
- 24 institutional investors held First Trust/abrdn Emerging Opportunity Fund (FEO) as of Q1 2020, down from 26 in Q4 2019.
- Funds reported $17.5M of First Trust/abrdn Emerging Opportunity Fund stock for Q1 2020, down 30% quarter-over-quarter.
- 6 funds opened new First Trust/abrdn Emerging Opportunity Fund positions in Q1 2020 and 5 closed out, a net change of +1 holder.
- The largest First Trust/abrdn Emerging Opportunity Fund buyer in Q1 2020 was Morgan Stanley, an estimated $1.5M added.
- The largest First Trust/abrdn Emerging Opportunity Fund seller in Q1 2020 was 1607 Capital Partners, an estimated $884K sold.
Based on aggregated 13F filings for Q1 2020.