Vault-13

ABRDN EMERGING MARKETS EX CH AEF

COM · Closed-End Fund · CUSIP 00301W105

60 institutional holders -3 vs Q1 2026
19,663,98619.7m shares reported held*
$188.8mreported value*
9 new 18 added 20 reduced 12 sold out net sold ≈ $16.4m (-1.7m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $9.60.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 53Q4 22: 52Q1 23: 52Q2 23: 49Q3 23: 50Q4 23: 49Q1 24: 47Q2 24: 51Q3 24: 50Q4 24: 58Q1 25: 63Q2 25: 65Q3 25: 64Q4 25: 62Q1 26: 63Q2 26: 6060Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202253
Q4 202252
Q1 202352
Q2 202349
Q3 202350
Q4 202349
Q1 202447
Q2 202451
Q3 202450
Q4 202458
Q1 202563
Q2 202565
Q3 202564
Q4 202562
Q1 202663
Q2 202660

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 23 bought or addedQ3 24: 15 cut or sold outQ4 24: 21 bought or addedQ4 24: 19 cut or sold outQ4 24Q1 25: 28 bought or addedQ1 25: 35 cut or sold outQ2 25: 30 bought or addedQ2 25: 27 cut or sold outQ2 25Q3 25: 26 bought or addedQ3 25: 34 cut or sold outQ4 25: 21 bought or addedQ4 25: 33 cut or sold outQ4 25Q1 26: 28 bought or addedQ1 26: 28 cut or sold outQ2 26: 27 bought or addedQ2 26: 32 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242315
Q4 20242119
Q1 20252835
Q2 20253027
Q3 20252634
Q4 20252133
Q1 20262828
Q2 20262732

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +707,771+707.8k
Steward Partners Investment Advisory, LLC New +145,589+145.6k
BANK OF AMERICA CORP /DE/ Added +49,644+49.6k
XTX Topco Ltd Added +44,420+44.4k
LPL Financial LLC Added +39,897+39.9k
Invesco Ltd. Added +26,852+26.9k
WELLS FARGO & COMPANY/MN Added +20,065+20.1k
Abel Hall, LLC New +20,000+20.0k
JANE STREET GROUP, LLC Added +19,210+19.2k
VISTA INVESTMENT PARTNERS II, LLC New +16,924+16.9k

Biggest sellers

CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Reduced -838,456-838.5k
1607 Capital Partners, LLC Reduced -452,984-453.0k
Allspring Global Investments Holdings, LLC Reduced -325,043-325.0k
RIVERNORTH CAPITAL MANAGEMENT, LLC Sold out -252,729-252.7k
ENVESTNET ASSET MANAGEMENT INC Sold out -198,699-198.7k
Private Advisor Group, LLC Sold out -191,749-191.7k
Vanguard Capital Wealth Advisors Reduced -106,005-106.0k
WOLVERINE ASSET MANAGEMENT LLC Reduced -91,361-91.4k
TrueMark Investments, LLC Sold out -82,992-83.0k
Alexander Randolph Advisory, Inc. Sold out -74,642-74.6k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 13G · institution -1.3 pts · filed 2026-10-23 24.5% -1.3 pts 9.9m≈ $95.5m 2026-10-23
FIRST TRUST PORTFOLIOS LP 13G · institution +1.8 pts · filed 2026-10-14 16.5% +1.8 pts 6.7m≈ $64.1m 2026-10-14

Fell to 5% or below in the last year: Allspring Global Investments Holdings, LLC (4.9%, 2026-10-07)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 1 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 1 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 1 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20251$5.4k0——
Q3 20250—0——
Q4 20251$10.8k0——
Q1 20260—0——
Q2 20260—0——
Q3 20261$43.3k0——
DateInsiderTradeSharesPrice ValueTheir holding
2026-09-24 Clark Anthony S. Director Bought 4,500 $9.63 $43.3k4.5k shares +300%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 6.06% of their portfolio London, X0 10,493,86410.5m $100.7m $100.7m 6.06% Reduced -838.5k -838,456
2 Allspring Global Investments Holdings, LLC 0.03% of their portfolio CHARLOTTE, NC 2,360,6802.4m $22.7m $22.7m 0.03% Reduced -325.0k -325,043
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,749,0281.7m $16.8m $16.8m 0.00% Reduced -40.1k -40,113
4 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,101,1121.1m $10.6m $10.6m 0.02% Reduced -11.9k -11,898
5 1607 Capital Partners, LLC 0.66% of their portfolio Richmond, VA 793,245793.2k $7.6m $7.6m 0.66% Reduced -453.0k -452,984
6 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 739,497739.5k $7.1m $7.1m 0.00% Added +707.8k +707,771
7 Uncommon Cents Investing LLC 0.67% of their portfolio JANESVILLE, WI 322,126322.1k $3.1m $3.1m 0.67% Reduced -300 -300
8 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 267,064267.1k $2.6m $2.6m 0.00% Added +39.9k +39,897
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 218,959219.0k $2.1m $2.1m 0.00% Added +49.6k +49,644
10 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 175,891175.9k $1.7m $1.7m 0.01% Reduced -1.0k -1,028
11 Shaker Financial Services, LLC 0.49% of their portfolio Arlington, VA 163,459163.5k $1.6m $1.6m 0.49% Added +6.0k +6,000
12 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 149,520149.5k $1.4m $1.4m 0.00% Unchanged
13 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 145,589145.6k $1.4m $1.4m 0.01% New
14 Vanguard Capital Wealth Advisors 0.78% of their portfolio DENVER, CO 120,689120.7k $1.2m $1.2m 0.78% Reduced -106.0k -106,005
15 EVOLVE PRIVATE WEALTH, LLC 0.06% of their portfolio LOS ANGELES, CA 107,573107.6k $1.0m $1.0m 0.06% Reduced -4.9k -4,938
16 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 71,51771.5k $686.6k $686.6k 0.00% Added +26.9k +26,852
17 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 65,48065.5k $628.6k $628.6k 0.01% Reduced -91.4k -91,361
18 Closed-End Fund Advisors, Inc. 0.60% of their portfolio RICHMOND, VA 63,82063.8k $612.7k $612.7k 0.60% Reduced -11.2k -11,208
19 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 57,57357.6k $552.7k $552.7k 0.01% Added +44.4k +44,420
20 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 49,90649.9k $479.1k $479.1k 0.00% Reduced -14.7k -14,682
21 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.06% of their portfolio BLUE BELL, PA 47,15847.2k $452.7k $452.7k 0.06% Reduced -400 -400
22 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 40,38140.4k $387.7k $387.7k 0.00% Added +19.2k +19,210
23 UHLMANN PRICE SECURITIES, LLC 0.01% of their portfolio SKOKIE, IL 30,68830.7k $294.6k $294.6k 0.01% Reduced -10.2k -10,171
24 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 25,71125.7k $246.8k $246.8k 0.00% Added +15.4k +15,371
25 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 23,71023.7k $227.6k $227.6k 0.00% Reduced -155 -155
26 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 23,67623.7k $227.3k $227.3k 0.00% Added +20.1k +20,065
27 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 23,19023.2k $222.6k $222.6k 0.00% Added +228 +228
28 DECISION INVESTMENTS, INC 0.19% of their portfolio SAN DIEGO, CA 21,59021.6k $207.3k $207.3k 0.19% Added +830 +830
29 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 20,00020.0k $192.0k $192.0k 0.00% Unchanged
30 Abel Hall, LLC 0.03% of their portfolio BATON ROUGE, LA 20,00020.0k $192.0k $192.0k 0.03% New
31 VISTA INVESTMENT PARTNERS II, LLC 0.06% of their portfolio RICHMOND, IN 16,92416.9k $162.5k $162.5k 0.06% New
32 Paragon Capital Management Ltd 0.03% of their portfolio DENVER, CO 16,43116.4k $157.7k $157.7k 0.03% Added +385 +385
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 16,37916.4k $157.2k $157.2k 0.00% Added +14.0k +14,024
34 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 15,50115.5k $148.8k $148.8k 0.00% Reduced -1.0k -1,037
35 WESBANCO BANK INC 0.00% of their portfolio WHEELING, WV 14,80014.8k $142.1k $142.1k 0.00% Unchanged
36 PEAPACK GLADSTONE FINANCIAL CORP 0.00% of their portfolio BEDMINSTER, NJ 14,52014.5k $139.0k $139.0k 0.00% Unchanged
37 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 14,15614.2k $136.0k $136.0k 0.00% Added +1.5k +1,499
38 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 14,04414.0k $134.8k $134.8k 0.00% Added +1.9k +1,856
39 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 12,58712.6k $120.8k $120.8k 0.00% Reduced -43.5k -43,513
40 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 12,14112.1k $116.6k $116.6k 0.00% Added +181 +181
41 BARD ASSOCIATES INC 0.01% of their portfolio CHICAGO, IL 6,7926.8k $65.2k $65.2k 0.01% Reduced -1.2k -1,179
42 Noble Wealth Management PBC 0.02% of their portfolio GREENWOOD VILLAGE, CO 3,5703.6k $34.3k $34.3k 0.02% New
43 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 3,3953.4k $32.6k $32.6k 0.00% Unchanged
44 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 3,0493.0k $29.3k $29.3k 0.00% First filing
45 Thomas J. Herzfeld Advisors, Inc. 0.01% of their portfolio MIAMI BEACH, FL 2,0462.0k $19.6k $19.6k 0.01% Added +1.4k +1,379
46 Pinnacle Wealth Planning Services, Inc. 0.00% of their portfolio MANSFIELD, OH 1,0751.1k $10.3k $10.3k 0.00% Unchanged
47 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1,0701.1k $10.3k $10.3k 0.00% Added +361 +361
48 Institute for Wealth Management, LLC. 0.00% of their portfolio DENVER, CO 664664 $6.4k $6.4k 0.00% New
49 WPG Advisers, LLC 0.00% of their portfolio BALTIMORE, MD 464464 $4.5k $4.5k 0.00% Reduced -8 -8
50 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 459459 $4.4k $4.4k 0.00% Unchanged
51 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 300300 $2.9k $2.9k 0.00% New
52 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 298298 $2.9k $2.9k 0.00% Unchanged
53 Creative Capital Management Investments LLC 0.00% of their portfolio SAN DIEGO, CA 213213 $2.0k $2.0k 0.00% Unchanged
54 Axiom Investment Management LLC 0.00% of their portfolio NEW YORK, NY 202202 $1.9k $1.9k 0.00% New
55 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 182182 $1.7k $1.7k 0.00% Unchanged
56 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 1111 $105 $105 0.00% Unchanged
57 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1010 $96 $96 0.00% New
58 GABLES CAPITAL MANAGEMENT INC. 0.00% of their portfolio MIAMI, FL 66 $58 $58 0.00% Unchanged
59 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 11 $10 $10 0.00% New
60 Kilter Group LLC 0.00% of their portfolio RHINEBECK, NY 00 $1 $1 0.00% Reduced -1.6k -1,645