Aberdeen Latin America Equity Fund
LAQ
LAQ was delisted on the 27th of April, 2018.
23 hedge funds and large institutions have $103M invested in Aberdeen Latin America Equity Fund in 2014 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 25 → 23 (-2)
17% less capital invested
Capital invested by funds: $124M → $103M (-$20.5M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.26M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$129K |
| 4 |
Morgan Stanley
New York
|
+$23.5K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$16.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$973K |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
-$360K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$214K |
| 4 |
MIC
Meridian Investment Counsel
Lafayette,
California
|
-$72.2K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$54K | -2,000 | Closed |
|
27
US Bancorp
Minneapolis,
Minnesota
| – | -$13K | -490 | Closed |
|
LAQ Hedge Fund Activity: Q4 2014 in Review
23 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Latin America Equity Fund (LAQ) for Q4 2014, worth a combined $103M — down 17% from $124M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LAQ and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was City of London Investment Management, adding an estimated $2.1M. The largest seller was Lazard Asset Management, cutting an estimated $973K.
- 23 institutional investors held Aberdeen Latin America Equity Fund (LAQ) as of Q4 2014, down from 25 in Q3 2014.
- Funds reported $103M of Aberdeen Latin America Equity Fund stock for Q4 2014, down 17% quarter-over-quarter.
- 2 funds opened new Aberdeen Latin America Equity Fund positions in Q4 2014 and 4 closed out, a net change of -2 holders.
- The largest Aberdeen Latin America Equity Fund buyer in Q4 2014 was City of London Investment Management, an estimated $2.1M added.
- The largest Aberdeen Latin America Equity Fund seller in Q4 2014 was Lazard Asset Management, an estimated $973K sold.
Based on aggregated 13F filings for Q4 2014.