Morgan Stanley China A Share Fund
CAF
33 hedge funds and large institutions have $232M invested in Morgan Stanley China A Share Fund in 2025 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 4 closing their positions.
5% more capital invested
Capital invested by funds: $220M → $232M (+$11.6M)
0.75% more ownership
Funds ownership: 77.54% → 78.29% (+0.75%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
3% less funds holding
Funds holding: 34 → 33 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.99M |
| 2 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
+$1.3M |
| 3 |
Lazard Asset Management
New York
|
+$1.11M |
| 4 |
MG
Marex Group
London,
|
+$665K |
| 5 |
Cohen & Steers
New York
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.81M |
| 2 |
OMC
Oasis Management Company
Grand Cayman,
Cayman Islands
|
-$943K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$824K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$518K |
| 5 |
Morgan Stanley
New York
|
-$475K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BBPWM
26
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $17.4K | – | – | – |
|
27
Rockefeller Capital Management
New York
| $13.9K | – | – | – |
|
28
National Bank of Canada
Montreal,
Quebec, Canada
| $8.65K | +$8.32K | +500 | New |
|
29
Bank of America
Charlotte,
North Carolina
| $7.46K | – | – | – |
|
30
US Bancorp
Minneapolis,
Minnesota
| $6.2K | – | – | – |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $4.55K | – | – | – |
|
32
JP Morgan Chase
New York
| $4.3K | +$4.13K | +248 | New |
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2.73K | +$33 | +2 | +1% |
|
|
OMC
34
Oasis Management Company
Grand Cayman,
Cayman Islands
| – | -$943K | -56,666 | Closed |
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$233K | -13,966 | Closed |
|
|
AI
36
Acuitas Investments
Seattle,
Washington
| – | -$81.1K | -4,868 | Closed |
|
|
MG
37
Mather Group
Chicago,
Illinois
| – | -$2.91K | -175 | Closed |
|
CAF Hedge Fund Activity: Q4 2025 in Review
33 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in Morgan Stanley China A Share Fund (CAF) for Q4 2025, worth a combined $232M — up 5.3% from $220M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CAF and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 10 added.
The largest buyer was Saba Capital Management, adding an estimated $5.99M. The largest seller was Allspring Global Investments, cutting an estimated $3.81M.
- 33 institutional investors held Morgan Stanley China A Share Fund (CAF) as of Q4 2025, down from 34 in Q3 2025.
- Funds reported $232M of Morgan Stanley China A Share Fund stock for Q4 2025, up 5.3% quarter-over-quarter.
- 3 funds opened new Morgan Stanley China A Share Fund positions in Q4 2025 and 4 closed out, a net change of -1 holder.
- The largest Morgan Stanley China A Share Fund buyer in Q4 2025 was Saba Capital Management, an estimated $5.99M added.
- The largest Morgan Stanley China A Share Fund seller in Q4 2025 was Allspring Global Investments, an estimated $3.81M sold.
Based on aggregated 13F filings for Q4 2025.