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abrdn Emerging Markets ex-China Fund, Inc.

AEF
Exchange
NYSE
SEC CIK
0000846676

In the last 90 days, abrdn Emerging Markets ex-China Fund, Inc. insiders filed 1 open-market purchase and 0 sales; 60 institutions reported holding it in 13F filings for Q2 2026, worth $188.8M in total; no superinvestor holds it.

13F holders, Q1 2026

Institutional positions in abrdn Emerging Markets ex-China Fund, Inc. as of Mar 31, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
63
+2 vs. Q4 2025
Shares held
21.4M
−2.03M (−8.7%) vs. Q4 2025
Total value
$155.8M
−$8.06M (−4.9%) vs. Q4 2025
New holders
9
19 more added
Sold out
7
22 more reduced

1 institution that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting AEF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2026: 63 institutions
Q1 2021: 52 institutionsQ2 2021: 52 institutionsQ3 2021: 48 institutionsQ4 2021: 55 institutionsQ1 2022: 52 institutionsQ2 2022: 53 institutionsQ3 2022: 52 institutionsQ4 2022: 50 institutionsQ1 2023: 51 institutionsQ2 2023: 48 institutionsQ3 2023: 48 institutionsQ4 2023: 48 institutionsQ1 2024: 46 institutionsQ2 2024: 50 institutionsQ3 2024: 49 institutionsQ4 2024: 56 institutionsQ1 2025: 62 institutionsQ2 2025: 64 institutionsQ3 2025: 64 institutionsQ4 2025: 62 institutionsQ1 2026: 63 institutionsQ2 2026: 60 institutions
Value heldQ1 2026: $155.8M
Q1 2021: $278.0MQ2 2021: $298.9MQ3 2021: $275.2MQ4 2021: $255.9MQ1 2022: $215.6MQ2 2022: $175.5MQ3 2022: $144.6MQ4 2022: $163.6MQ1 2023: $171.3MQ2 2023: $166.4MQ3 2023: $156.4MQ4 2023: $174.8MQ1 2024: $172.6MQ2 2024: $184.1MQ3 2024: $204.0MQ4 2024: $185.4MQ1 2025: $132.7MQ2 2025: $152.6MQ3 2025: $157.7MQ4 2025: $163.9MQ1 2026: $155.8MQ2 2026: $188.8M
Institutions holding AEF and their total value by quarter
QuarterHoldersValue
Q2 202660$188.8M
Q1 202663$155.8M
Q4 202562$163.9M
Q3 202564$157.7M
Q2 202564$152.6M
Q1 202562$132.7M
Q4 202456$185.4M
Q3 202449$204.0M
Q2 202450$184.1M
Q1 202446$172.6M
Q4 202348$174.8M
Q3 202348$156.4M
Q2 202348$166.4M
Q1 202351$171.3M
Q4 202250$163.6M
Q3 202252$144.6M
Q2 202253$175.5M
Q1 202252$215.6M
Q4 202155$255.9M
Q3 202148$275.2M
Q2 202152$298.9M
Q1 202152$278.0M

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding abrdn Emerging Markets ex-China Fund, Inc.; share changes are against Q4 2025.

Institutions holding AEF in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
City of London Investment Management Co Ltd11,332,320$82.6M6.00%−36,187−0.3%Reduced
Allspring Global Investments Holdings, LLC2,685,723$19.6M0.03%−155,022−5.5%Reduced
Morgan Stanley1,789,141$13.0M0.00%+32,815+1.9%Added
1607 Capital Partners, LLC1,246,229$9.09M0.65%−272,297−17.9%Reduced
Lazard Asset Management LLC1,113,010$8.11M0.01%−331,403−22.9%Reduced
Uncommon Cents Investing LLC322,426$2.35M0.55%−1,300−0.4%Reduced
Rivernorth Capital Management, LLC252,729$1.84M0.09%−14,057−5.3%Reduced
LPL Financial LLC227,167$1.66M0.00%+83,658+58.3%Added
Vanguard Capital Wealth Advisors226,694$1.65M1.53%−225,015−49.8%Reduced
Envestnet Asset Management Inc198,699$1.45M0.00%−22,178−10.0%Reduced
Private Advisor Group, LLC191,749$1.40M0.01%+13,205+7.4%Added
Guggenheim Capital LLC176,919$1.29M0.01%+5,229+3.0%Added
Bank of America Corp169,315$1.23M0.00%−25,528−13.1%Reduced
Shaker Financial Services, LLC157,459$1.15M0.40%+63,128+66.9%Added
Wolverine Asset Management LLC156,841$1.14M0.02%+156,841New
Public Employees Retirement System of Ohio149,520$1.09M0.00%−255,418−63.1%Reduced
Evolve Private Wealth, LLC112,511$820.2K0.04%+3,468+3.2%Added
TrueMark Investments, LLC82,992$605.0K0.12%−14,057−14.5%Reduced
Closed-End Fund Advisors, Inc.75,028$547.0K0.56%−2,271−2.9%Reduced
Alexander Randolph Advisory, Inc.74,642$544.1K0.47%−9,040−10.8%Reduced
Commonwealth Equity Services, LLC64,588$470.9K0.00%+2,066+3.3%Added
Millennium Management LLC56,100$409.0K0.00%+56,100New
Blue Bell Private Wealth Management, LLC47,558$346.7K0.05%00.0%Unchanged
Invesco Ltd.44,665$325.6K0.00%+5,455+13.9%Added
Uhlmann Price Securities, LLC40,859$297.9K0.02%+2,129+5.5%Added
Raymond James Financial Inc31,726$231.3K0.00%+13,648+75.5%Added
Integrated Capital Management, Inc.28,058$204.5K0.14%−5,696−16.9%Reduced
Readystate Asset Management LP27,795$202.6K0.01%+27,795New
Wiley Bros.-Aintree Capital, LLC23,865$174.0K0.00%+23,865New
Rockefeller Capital Management L.P.22,962$167.4K0.00%−24,177−51.3%Reduced
Jane Street Group, LLC21,171$154.3K0.00%+9,242+77.5%Added
Decision Investments, Inc20,760$151.3K0.17%00.0%Unchanged
Clearstead Advisors, LLC20,000$145.8K0.00%00.0%Unchanged
Creative Planning19,910$145.1K0.00%+8,177+69.7%Added
Blair William & Co16,538$120.6K0.00%−9−0.1%Reduced
Paragon Capital Management Ltd16,046$117.0K0.02%+831+5.5%Added
Wesbanco Bank Inc14,800$107.9K0.00%00.0%Unchanged
Peapack Gladstone Financial Corp14,520$106.0K0.00%00.0%Unchanged
MML Investors Services, LLC14,452$105.4K0.00%−3,866−21.1%Reduced
XTX Topco Ltd13,153$95.9K0.00%+13,153New
Royal Bank of Canada12,657$92.0K0.00%−314−2.4%Reduced
Advisor Group Holdings, Inc.12,188$88.9K0.00%+2,524+26.1%Added
Colony Group, LLC11,960$87.2K0.00%+165+1.4%Added
Cetera Investment Advisers10,340$75.4K0.00%−58−0.6%Reduced
Bard Associates Inc7,971$58.1K0.01%00.0%Unchanged
Wells Fargo & Company3,611$26.3K0.00%+2,474+217.6%Added
US Bancorp3,395$24.8K0.00%00.0%Unchanged
UBS Group AG2,355$17.2K0.00%+306+14.9%Added
Kilter Group LLC1,645$12.0K0.01%−246−13.0%Reduced
CWM, LLC1,486$10.8K0.00%00.0%Unchanged
Pinnacle Wealth Planning Services, Inc.1,075$7.84K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.709$5.17K0.00%−361−33.7%Reduced
Thomas J. Herzfeld Advisors, Inc.667$4.86K0.00%−1,457−68.6%Reduced
Northwestern Mutual Wealth Management Co540$3.94K0.00%00.0%Unchanged
WPG Advisers, LLC472$3.44K0.00%+35+8.0%Added
Ancora Advisors, LLC459$3.35K0.00%00.0%Unchanged
Signaturefd, LLC298$2.17K0.00%+298New
Creative Capital Management Investments LLC213$1.55K0.00%+213New
BlackRock, Inc.194$1.41K0.00%+194New
IFP Advisors, Inc182$1.33K0.00%00.0%Unchanged
Root Financial Partners, LLC63$4590.00%+63New
Glen Eagle Advisors, LLC11$780.00%+1+10.0%Added
Gables Capital Management Inc.6$440.00%00.0%Unchanged
Penserra Capital Management LLC0$00.00%−737,157−100.0%Sold out
Park Avenue Securities LLC0$00.00%−195,847−100.0%Sold out
CF Capital LLC0$00.00%−152,370−100.0%Sold out
Karpus Management, Inc.0$00.00%−40,947−100.0%Sold out
Provida Pension Fund Administrator0$00.00%−19,202−100.0%Sold out
Wealth Enhancement Advisory Services, LLC0$00.00%−10,067−100.0%Sold out
The PNC Financial Services Group, Inc.0$00.00%−2,770−100.0%Sold out
Global Retirement Partners, LLC––––Not filed