First Trust/abrdn Emerging Opportunity Fund
FEO was delisted on the 1st of December, 2022.
22 hedge funds and large institutions have $14.1M invested in First Trust/abrdn Emerging Opportunity Fund in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
22% more funds holding
Funds holding: 18 → 22 (+4)
3% less capital invested
Capital invested by funds: $14.5M → $14.1M (-$393K)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.09M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$241K |
| 3 |
ARC
Advisor Resource Council
Dallas,
Texas
|
+$197K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$154K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.08M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$104K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$27.4K |
| 4 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$12.6K |
| 5 |
Lazard Asset Management
New York
|
-$9.9K |
FEO Hedge Fund Activity: Q2 2022 in Review
22 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in First Trust/abrdn Emerging Opportunity Fund (FEO) for Q2 2022, worth a combined $14.1M — down 2.7% from $14.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FEO positions and 1 closed out — a net gain of 4 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $3.09M. The largest seller was Morgan Stanley, cutting an estimated $2.08M.
- 22 institutional investors held First Trust/abrdn Emerging Opportunity Fund (FEO) as of Q2 2022, up from 18 in Q1 2022.
- Funds reported $14.1M of First Trust/abrdn Emerging Opportunity Fund stock for Q2 2022, down 2.7% quarter-over-quarter.
- 5 funds opened new First Trust/abrdn Emerging Opportunity Fund positions in Q2 2022 and 1 closed out, a net change of +4 holders.
- The largest First Trust/abrdn Emerging Opportunity Fund buyer in Q2 2022 was Saba Capital Management, an estimated $3.09M added.
- The largest First Trust/abrdn Emerging Opportunity Fund seller in Q2 2022 was Morgan Stanley, an estimated $2.08M sold.
Based on aggregated 13F filings for Q2 2022.