Morgan Stanley China A Share Fund
CAF
64 hedge funds and large institutions have $214M invested in Morgan Stanley China A Share Fund in 2015 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 6 closing their positions.
317% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 6
39% more funds holding
Funds holding: 46 → 64 (+18)
1.8% more ownership
Funds ownership: 54.76% → 56.57% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
13% less capital invested
Capital invested by funds: $248M → $214M (-$33.3M)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
59% less call options, than puts
Call options by funds: $7K | Put options by funds: $17K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
+$16.8M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$10.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.38M |
| 4 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$3.8M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
-$10.7M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$8.95M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$6.56M |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$2.79M |
| 5 |
SG Americas Securities
New York
|
-$2.37M |
CAF Hedge Fund Activity: Q4 2015 in Review
64 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Morgan Stanley China A Share Fund (CAF) for Q4 2015, worth a combined $214M — down 13% from $248M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CAF positions and 6 closed out — a net gain of 19 holders — while 12 added to existing stakes and 14 trimmed.
The largest buyer was Mission Wealth Management, adding an estimated $16.8M. The largest seller was Davenport & Co, cutting an estimated $10.7M.
- 64 institutional investors held Morgan Stanley China A Share Fund (CAF) as of Q4 2015, up from 46 in Q3 2015.
- Funds reported $214M of Morgan Stanley China A Share Fund stock for Q4 2015, down 13% quarter-over-quarter.
- 25 funds opened new Morgan Stanley China A Share Fund positions in Q4 2015 and 6 closed out, a net change of +19 holders.
- The largest Morgan Stanley China A Share Fund buyer in Q4 2015 was Mission Wealth Management, an estimated $16.8M added.
- The largest Morgan Stanley China A Share Fund seller in Q4 2015 was Davenport & Co, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2015.