Morgan Stanley China A Share Fund
CAF
44 hedge funds and large institutions have $155M invested in Morgan Stanley China A Share Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 21 reducing their positions, and 8 closing their positions.
18% more capital invested
Capital invested by funds: $131M → $155M (+$24M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2.66% more ownership
Funds ownership: 27.08% → 29.74% (+2.7%)
2% more funds holding
Funds holding: 43 → 44 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
67% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
+$13.8M |
| 2 |
SG Americas Securities
New York
|
+$2.26M |
| 3 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
+$2.03M |
| 4 |
PRC
Platte River Capital
Denver,
Colorado
|
+$1.23M |
| 5 |
Lazard Asset Management
New York
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCMU
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
|
-$4.53M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.41M |
| 3 |
EM
EnTrustPermal Management
New York
|
-$813K |
| 4 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$731K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$642K |
CAF Hedge Fund Activity: Q4 2013 in Review
44 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Morgan Stanley China A Share Fund (CAF) for Q4 2013, worth a combined $155M — up 18% from $131M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CAF positions and 8 closed out — a net gain of 1 holder — while 7 added to existing stakes and 21 trimmed.
The largest buyer was Davenport & Co, adding an estimated $13.8M. The largest seller was BlueCrest Capital Management (UK), cutting an estimated $4.53M.
- 44 institutional investors held Morgan Stanley China A Share Fund (CAF) as of Q4 2013, up from 43 in Q3 2013.
- Funds reported $155M of Morgan Stanley China A Share Fund stock for Q4 2013, up 18% quarter-over-quarter.
- 9 funds opened new Morgan Stanley China A Share Fund positions in Q4 2013 and 8 closed out, a net change of +1 holder.
- The largest Morgan Stanley China A Share Fund buyer in Q4 2013 was Davenport & Co, an estimated $13.8M added.
- The largest Morgan Stanley China A Share Fund seller in Q4 2013 was BlueCrest Capital Management (UK), an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2013.