First Trust/abrdn Emerging Opportunity Fund
FEO was delisted on the 1st of December, 2022.
18 hedge funds and large institutions have $14.5M invested in First Trust/abrdn Emerging Opportunity Fund in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 2 closing their positions.
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
5% less funds holding
Funds holding: 19 → 18 (-1)
18% less capital invested
Capital invested by funds: $17.7M → $14.5M (-$3.12M)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$585K |
| 2 |
SCM
Saba Capital Management
New York
|
+$323K |
| 3 |
Morgan Stanley
New York
|
+$210K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$193K |
| 5 |
Lazard Asset Management
New York
|
+$48.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$184K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$112K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$56.6K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$55.3K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$45.3K |
FEO Hedge Fund Activity: Q1 2022 in Review
18 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Emerging Opportunity Fund (FEO) for Q1 2022, worth a combined $14.5M — down 18% from $17.7M a quarter earlier.
Fund positioning in FEO was balanced in Q1 2022: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 8 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $585K. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $184K sold.
- 18 institutional investors held First Trust/abrdn Emerging Opportunity Fund (FEO) as of Q1 2022, down from 19 in Q4 2021.
- Funds reported $14.5M of First Trust/abrdn Emerging Opportunity Fund stock for Q1 2022, down 18% quarter-over-quarter.
- 2 funds opened new First Trust/abrdn Emerging Opportunity Fund positions in Q1 2022 and 2 closed out, a net change of 0 holders.
- The largest First Trust/abrdn Emerging Opportunity Fund buyer in Q1 2022 was Wolverine Asset Management, an estimated $585K added.
- The largest First Trust/abrdn Emerging Opportunity Fund seller in Q1 2022 was Bank of New York Mellon, an estimated $184K sold.
Based on aggregated 13F filings for Q1 2022.