Raffles Associates’s Japan Smaller Capitalization Fund JOF Stock Holding History

Raffles Associates’s Portfolio JOF Stock Details JOF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$1.31M	Hold	110,967	–	–	1.11%	23
2026 Q1	$1.21M	Sell	110,967 -28,495	-20%	-$325K	1.05%	27
2025 Q4	$1.55M	Sell	139,462 -7,827	-5%	-$82.2K	1.16%	24
2025 Q3	$1.55M	Buy	147,289 +8,440	+6%	+$86.6K	1.45%	21
2025 Q2	$1.34M	Sell	138,849 -106,519	-43%	-$957K	1.39%	22
2025 Q1	$2.06M	Sell	245,368 -2,800	-1%	-$22.3K	2.51%	13
2024 Q4	$1.9M	Buy	248,168 +24,143	+11%	+$188K	2.05%	16
2024 Q3	$1.85M	Buy	224,025 +31,000	+16%	+$242K	1.9%	16
2024 Q2	$1.46M	Buy	193,025 +38,530	+25%	+$297K	1.65%	17
2024 Q1	$1.23M	Hold	154,495	–	–	1.43%	18
2023 Q4	$1.17M	Buy	154,495 +78,812	+104%	+$562K	1.48%	16
2023 Q3	$538K	Buy	+75,683	New	+$552K	0.71%	31

Other funds holding JOF

Allspring Global Investments Charlotte, North Carolina $65.2B AUM 39.42% 1-Year Est. Return

COLIM

City of London Investment Management London, United Kingdom $1.66B AUM 59.71% 1-Year Est. Return

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

1CP

1607 Capital Partners Richmond, Virginia $1.15B AUM 12.28% 1-Year Est. Return

SCM

Saba Capital Management New York $3.9B AUM 12.9% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

KIM

Karpus Investment Management Pittsford, New York $3.48B AUM 10.49% 1-Year Est. Return

Almitas Capital Santa Monica, California $417M AUM 22.81% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

PHS

Pekin Hardy Strauss Chicago, Illinois $1.14B AUM 37.36% 1-Year Est. Return

Raffles Associates's JOF Position: Q2 2026 in Review

Raffles Associates held its Japan Smaller Capitalization Fund (JOF) position steady in Q2 2026 at 110,967 shares worth $1.31M. The position accounts for 1.11% of the portfolio, ranked #23.

Raffles Associates first reported a position in JOF in Q3 2023 and has held it in 12 quarters since. The position peaked at $2.06M in Q1 2025. 57 funds tracked by Wall St. Rank hold JOF as of Q2 2026.

Raffles Associates held 110,967 shares of Japan Smaller Capitalization Fund worth $1.31M as of Q2 2026.
Raffles Associates left its Japan Smaller Capitalization Fund share count unchanged in Q2 2026.
Japan Smaller Capitalization Fund made up 1.11% of Raffles Associates's portfolio in Q2 2026, its #23 holding.
Raffles Associates first reported a position in Japan Smaller Capitalization Fund in Q3 2023 and has held it in 12 quarters since.
Raffles Associates's Japan Smaller Capitalization Fund position peaked at $2.06M in Q1 2025.
57 funds tracked by Wall St. Rank held Japan Smaller Capitalization Fund as of Q2 2026.

Based on Raffles Associates's 13F filing for Q2 2026, filed 14 Aug 2026.