Morgan Stanley China A Share Fund
CAF
52 hedge funds and large institutions have $188M invested in Morgan Stanley China A Share Fund in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 22 reducing their positions, and 7 closing their positions.
1.24% more ownership
Funds ownership: 45.9% → 47.14% (+1.2%)
5% less funds holding
Funds holding: 55 → 52 (-3)
13% less capital invested
Capital invested by funds: $216M → $188M (-$27.5M)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
59% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 22
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$19M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.03M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.89M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$751K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$7.64M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$2M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.88M |
| 4 |
Lazard Asset Management
New York
|
-$1.37M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.13M |
CAF Hedge Fund Activity: Q4 2018 in Review
52 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Morgan Stanley China A Share Fund (CAF) for Q4 2018, worth a combined $188M — down 13% from $216M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CAF and 6 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 9 added.
The largest buyer was City of London Investment Management, adding an estimated $19M. The largest seller was Cornerstone Advisors, cutting an estimated $7.64M.
- 52 institutional investors held Morgan Stanley China A Share Fund (CAF) as of Q4 2018, down from 55 in Q3 2018.
- Funds reported $188M of Morgan Stanley China A Share Fund stock for Q4 2018, down 13% quarter-over-quarter.
- 6 funds opened new Morgan Stanley China A Share Fund positions in Q4 2018 and 7 closed out, a net change of -1 holder.
- The largest Morgan Stanley China A Share Fund buyer in Q4 2018 was City of London Investment Management, an estimated $19M added.
- The largest Morgan Stanley China A Share Fund seller in Q4 2018 was Cornerstone Advisors, an estimated $7.64M sold.
Based on aggregated 13F filings for Q4 2018.