Aberdeen Latin America Equity Fund
LAQ
LAQ was delisted on the 27th of April, 2018.
23 hedge funds and large institutions have $125M invested in Aberdeen Latin America Equity Fund in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more capital invested
Capital invested by funds: $106M → $125M (+$18.8M)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
8% less funds holding
Funds holding: 25 → 23 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$505K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$482K |
| 3 |
Morgan Stanley
New York
|
+$462K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$417K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$327K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.88M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$873K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$369K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$223K |
| 5 |
Citigroup
New York
|
-$218K |
LAQ Hedge Fund Activity: Q1 2017 in Review
23 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Aberdeen Latin America Equity Fund (LAQ) for Q1 2017, worth a combined $125M — up 18% from $106M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LAQ and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 8 added.
The largest buyer was City of London Investment Management, adding an estimated $505K. The largest seller was Lazard Asset Management, cutting an estimated $1.88M.
- 23 institutional investors held Aberdeen Latin America Equity Fund (LAQ) as of Q1 2017, down from 25 in Q4 2016.
- Funds reported $125M of Aberdeen Latin America Equity Fund stock for Q1 2017, up 18% quarter-over-quarter.
- 3 funds opened new Aberdeen Latin America Equity Fund positions in Q1 2017 and 4 closed out, a net change of -1 holder.
- The largest Aberdeen Latin America Equity Fund buyer in Q1 2017 was City of London Investment Management, an estimated $505K added.
- The largest Aberdeen Latin America Equity Fund seller in Q1 2017 was Lazard Asset Management, an estimated $1.88M sold.
Based on aggregated 13F filings for Q1 2017.