Salem Capital Management’s Japan Smaller Capitalization Fund JOF Stock Holding History

Salem Capital Management’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
2021 Q4	–	Sell	-134,544	Closed	-$1.22M	–	73
2021 Q3	$1.22M	Sell	134,544 -8,442	-6%	-$76.8K	0.67%	37
2021 Q2	$1.29M	Buy	142,986 +1,633	+1%	+$15K	0.71%	36
2021 Q1	$1.31M	Sell	141,353 -3,370	-2%	-$30.9K	0.78%	34
2020 Q4	$1.31M	Sell	144,723 -4,507	-3%	-$40.1K	0.83%	32
2020 Q3	$1.29M	Sell	149,230 -27,062	-15%	-$219K	0.94%	29
2020 Q2	$1.38M	Hold	176,292	–	–	0.99%	30
2020 Q1	$1.24M	Sell	176,292 -13,553	-7%	-$108K	1.03%	30
2019 Q4	$1.7M	Buy	189,845 +12,520	+7%	+$114K	0.92%	32
2019 Q3	$1.55M	Hold	177,325	–	–	0.89%	33
2019 Q2	$1.51M	Sell	177,325 -70,800	-29%	-$606K	0.84%	34
2019 Q1	$2.18M	Buy	248,125 +96,025	+63%	+$838K	1.18%	28
2018 Q4	$1.26M	Buy	152,100 +110,600	+267%	+$1.11M	0.8%	32
2018 Q3	$459K	Buy	+41,500	New	+$460K	0.25%	52

Other funds holding JOF

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

1CP

1607 Capital Partners Richmond, Virginia $1.15B AUM 12.28% 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

KIM

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

BIA

Barry Investment Advisors New Bedford, Massachusetts $478M AUM 23.65% 1-Year Est. Return

GAMA

Graticule Asia Macro Advisors New York $1.33B AUM 1,044.61% 1-Year Est. Return

Cornerstone Advisors Asheville, North Carolina $3.04B AUM 36.62% 1-Year Est. Return

RVPG

Relative Value Partners Group $772M AUM 15.6% 1-Year Est. Return

PHS

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

Salem Capital Management's JOF Position: Q4 2021 in Review

Salem Capital Management sold out of Japan Smaller Capitalization Fund (JOF) in Q4 2021, closing a stake of 134,544 shares — an estimated $1.22M sold.

Salem Capital Management first reported a position in JOF in Q3 2018 and held it in 13 quarters. The position peaked at $2.18M in Q1 2019. 55 funds tracked by Wall St. Rank hold JOF as of Q4 2021.

Salem Capital Management reported no remaining Japan Smaller Capitalization Fund position as of Q4 2021 after selling out during the quarter.
Salem Capital Management sold 134,544 Japan Smaller Capitalization Fund shares in Q4 2021, an estimated $1.22M.
Salem Capital Management first reported a position in Japan Smaller Capitalization Fund in Q3 2018 and held it in 13 quarters.
Salem Capital Management's Japan Smaller Capitalization Fund position peaked at $2.18M in Q1 2019.
55 funds tracked by Wall St. Rank held Japan Smaller Capitalization Fund as of Q4 2021.

Based on Salem Capital Management's 13F filing for Q4 2021, filed 18 Jan 2022.