Aberdeen Latin America Equity Fund
LAQ
LAQ was delisted on the 27th of April, 2018.
25 hedge funds and large institutions have $124M invested in Aberdeen Latin America Equity Fund in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 6 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $134M → $124M (-$10.3M)
17% less funds holding
Funds holding: 30 → 25 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4.48M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$754K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$207K |
| 4 |
Morgan Stanley
New York
|
+$33.9K |
| 5 |
Citigroup
New York
|
+$25.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$2.13M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.04M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$982K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$209K |
| 5 |
BA
Bard Associates
Chicago,
Illinois
|
-$202K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.04M | -34,688 | Closed |
|
|
27
Truist Financial
Charlotte,
North Carolina
| – | -$209K | -6,993 | Closed |
|
|
BA
28
Bard Associates
Chicago,
Illinois
| – | -$202K | -6,770 | Closed |
|
|
RIL
29
Rothschild Investment LLC
Chicago,
Illinois
| – | -$201K | -6,741 | Closed |
|
|
PAS
30
Partnervest Advisory Services
Santa Barbara,
California
| – | -$9K | -302 | Closed |
|
|
GSC
31
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$1K | -20 | Closed |
|
LAQ Hedge Fund Activity: Q3 2014 in Review
25 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Latin America Equity Fund (LAQ) for Q3 2014, worth a combined $124M — down 7.7% from $134M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LAQ and 1 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was City of London Investment Management, adding an estimated $4.48M. The largest seller was Lazard Asset Management, cutting an estimated $2.13M.
- 25 institutional investors held Aberdeen Latin America Equity Fund (LAQ) as of Q3 2014, down from 30 in Q2 2014.
- Funds reported $124M of Aberdeen Latin America Equity Fund stock for Q3 2014, down 7.7% quarter-over-quarter.
- 1 fund opened new Aberdeen Latin America Equity Fund positions in Q3 2014 and 6 closed out, a net change of -5 holders.
- The largest Aberdeen Latin America Equity Fund buyer in Q3 2014 was City of London Investment Management, an estimated $4.48M added.
- The largest Aberdeen Latin America Equity Fund seller in Q3 2014 was Lazard Asset Management, an estimated $2.13M sold.
Based on aggregated 13F filings for Q3 2014.