Aberdeen Latin America Equity Fund
LAQ
LAQ was delisted on the 27th of April, 2018.
29 hedge funds and large institutions have $148M invested in Aberdeen Latin America Equity Fund in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
32% more funds holding
Funds holding: 22 → 29 (+7)
21% more capital invested
Capital invested by funds: $123M → $148M (+$25.3M)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPFA
Provida Pension Fund Administrator
Las Condes, Santiago,
Chile
|
+$2.41M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.03M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$480K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$317K |
| 5 |
Morgan Stanley
New York
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$963K |
| 2 |
Citigroup
New York
|
-$412K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$408K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$80.6K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$59.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $8K | +$7.85K | +302 | New |
|
|
NSIM
27
North Star Investment Management
Chicago,
Illinois
| $3K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $3K | +$2.75K | +106 | New |
|
|
29
Citigroup
New York
| – | -$412K | -17,759 | Closed |
|
LAQ Hedge Fund Activity: Q3 2017 in Review
29 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Latin America Equity Fund (LAQ) for Q3 2017, worth a combined $148M — up 21% from $123M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new LAQ positions and 1 closed out — a net gain of 8 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Provida Pension Fund Administrator, opening a new position worth an estimated $2.41M. The largest seller was Lazard Asset Management, cutting an estimated $963K.
- 29 institutional investors held Aberdeen Latin America Equity Fund (LAQ) as of Q3 2017, up from 22 in Q2 2017.
- Funds reported $148M of Aberdeen Latin America Equity Fund stock for Q3 2017, up 21% quarter-over-quarter.
- 9 funds opened new Aberdeen Latin America Equity Fund positions in Q3 2017 and 1 closed out, a net change of +8 holders.
- The largest Aberdeen Latin America Equity Fund buyer in Q3 2017 was Provida Pension Fund Administrator, an estimated $2.41M added.
- The largest Aberdeen Latin America Equity Fund seller in Q3 2017 was Lazard Asset Management, an estimated $963K sold.
Based on aggregated 13F filings for Q3 2017.