Japan Smaller Capitalization Fund
JOF
43 hedge funds and large institutions have $198M invested in Japan Smaller Capitalization Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 7 closing their positions.
5.1% more ownership
Funds ownership: 67.49% → 72.59% (+5.1%)
1% more capital invested
Capital invested by funds: $196M → $198M (+$2.88M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
4% less funds holding
Funds holding: 45 → 43 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$4.53M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.63M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.02M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.71M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$882K |
| 2 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$207K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$193K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$185K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$152K |
JOF Hedge Fund Activity: Q1 2016 in Review
43 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q1 2016, worth a combined $198M — up 1.5% from $196M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of JOF and 6 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 11 added.
The largest buyer was Lazard Asset Management, adding an estimated $4.53M. The largest seller was Curi RMB Capital, cutting an estimated $882K.
- 43 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q1 2016, down from 45 in Q4 2015.
- Funds reported $198M of Japan Smaller Capitalization Fund stock for Q1 2016, up 1.5% quarter-over-quarter.
- 6 funds opened new Japan Smaller Capitalization Fund positions in Q1 2016 and 7 closed out, a net change of -1 holder.
- The largest Japan Smaller Capitalization Fund buyer in Q1 2016 was Lazard Asset Management, an estimated $4.53M added.
- The largest Japan Smaller Capitalization Fund seller in Q1 2016 was Curi RMB Capital, an estimated $882K sold.
Based on aggregated 13F filings for Q1 2016.