Morgan Stanley China A Share Fund
CAF
46 hedge funds and large institutions have $248M invested in Morgan Stanley China A Share Fund in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 17 closing their positions.
108% more capital inflows, than outflows
Capital inflows: $113M | Capital outflows: $54.1M
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
10.3% more ownership
Funds ownership: 44.46% → 54.76% (+10%)
15% less funds holding
Funds holding: 54 → 46 (-8)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mission Wealth Management
Santa Barbara,
California
|
+$27.8M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
+$15.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$14M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$12.4M |
| 5 |
Lazard Asset Management
New York
|
+$9.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Davenport & Co
Richmond,
Virginia
|
-$27.5M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$7.52M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$4.71M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3.54M |
| 5 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
-$2.24M |
CAF Hedge Fund Activity: Q3 2015 in Review
46 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Morgan Stanley China A Share Fund (CAF) for Q3 2015, worth a combined $248M — down 25% from $331M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of CAF and 10 opened new positions — a net loss of 7 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was Mission Wealth Management, opening a new position worth an estimated $27.8M. The largest seller was Davenport & Co, cutting an estimated $27.5M.
- 46 institutional investors held Morgan Stanley China A Share Fund (CAF) as of Q3 2015, down from 54 in Q2 2015.
- Funds reported $248M of Morgan Stanley China A Share Fund stock for Q3 2015, down 25% quarter-over-quarter.
- 10 funds opened new Morgan Stanley China A Share Fund positions in Q3 2015 and 17 closed out, a net change of -7 holders.
- The largest Morgan Stanley China A Share Fund buyer in Q3 2015 was Mission Wealth Management, an estimated $27.8M added.
- The largest Morgan Stanley China A Share Fund seller in Q3 2015 was Davenport & Co, an estimated $27.5M sold.
Based on aggregated 13F filings for Q3 2015.