First Trust/abrdn Emerging Opportunity Fund
FEO was delisted on the 1st of December, 2022.
19 hedge funds and large institutions have $20.5M invested in First Trust/abrdn Emerging Opportunity Fund in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
7% less capital invested
Capital invested by funds: $21.9M → $20.5M (-$1.43M)
10% less funds holding
Funds holding: 21 → 19 (-2)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$579K |
| 2 |
SCM
Saba Capital Management
New York
|
+$334K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$246K |
| 4 |
Morgan Stanley
New York
|
+$241K |
| 5 |
Lazard Asset Management
New York
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.23M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$469K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$434K |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
-$68.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$44.7K |
FEO Hedge Fund Activity: Q3 2021 in Review
19 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Emerging Opportunity Fund (FEO) for Q3 2021, worth a combined $20.5M — down 6.5% from $21.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FEO and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was Private Advisor Group, adding an estimated $579K. The largest seller was Wells Fargo, cutting an estimated $1.23M.
- 19 institutional investors held First Trust/abrdn Emerging Opportunity Fund (FEO) as of Q3 2021, down from 21 in Q2 2021.
- Funds reported $20.5M of First Trust/abrdn Emerging Opportunity Fund stock for Q3 2021, down 6.5% quarter-over-quarter.
- 1 fund opened new First Trust/abrdn Emerging Opportunity Fund positions in Q3 2021 and 2 closed out, a net change of -1 holder.
- The largest First Trust/abrdn Emerging Opportunity Fund buyer in Q3 2021 was Private Advisor Group, an estimated $579K added.
- The largest First Trust/abrdn Emerging Opportunity Fund seller in Q3 2021 was Wells Fargo, an estimated $1.23M sold.
Based on aggregated 13F filings for Q3 2021.