abrdn Japan Equity Fund
JEQ
JEQ was delisted on the 10th of October, 2025.
26 hedge funds and large institutions have $73.7M invested in abrdn Japan Equity Fund in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 6 closing their positions.
26% more capital invested
Capital invested by funds: $58.3M → $73.7M (+$15.4M)
5.86% more ownership
Funds ownership: 64.74% → 70.6% (+5.9%)
13% less funds holding
Funds holding: 30 → 26 (-4)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.51M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.43M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.62M |
| 4 |
Morgan Stanley
New York
|
+$578K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$365K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.17M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$813K |
| 3 |
Millennium Management
New York
|
-$569K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$192K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$175K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $3.16K | – | – | – |
|
|
KIM
27
Karpus Investment Management
Pittsford,
New York
| – | -$1.17M | -180,685 | Closed |
|
|
BI
28
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$175K | -26,956 | Closed |
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$142K | -21,875 | Closed |
|
|
DWM
30
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$91.6K | -14,095 | Closed |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$19.9K | -3,060 | Closed |
|
|
TJHA
32
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$9.62K | -1,479 | Closed |
|
JEQ Hedge Fund Activity: Q2 2025 in Review
26 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in abrdn Japan Equity Fund (JEQ) for Q2 2025, worth a combined $73.7M — up 26% from $58.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of JEQ and 2 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Saba Capital Management, adding an estimated $3.51M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.17M sold.
- 26 institutional investors held abrdn Japan Equity Fund (JEQ) as of Q2 2025, down from 30 in Q1 2025.
- Funds reported $73.7M of abrdn Japan Equity Fund stock for Q2 2025, up 26% quarter-over-quarter.
- 2 funds opened new abrdn Japan Equity Fund positions in Q2 2025 and 6 closed out, a net change of -4 holders.
- The largest abrdn Japan Equity Fund buyer in Q2 2025 was Saba Capital Management, an estimated $3.51M added.
- The largest abrdn Japan Equity Fund seller in Q2 2025 was Karpus Investment Management, an estimated $1.17M sold.
Based on aggregated 13F filings for Q2 2025.