Japan Smaller Capitalization Fund
JOF
50 hedge funds and large institutions have $173M invested in Japan Smaller Capitalization Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 8 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
9% more capital invested
Capital invested by funds: $159M → $173M (+$14.9M)
1.93% more ownership
Funds ownership: 78.75% → 80.68% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 51 → 50 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$1.74M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.47M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.33M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$592K |
| 5 |
RA
Raffles Associates
New York
|
+$562K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GIM
51
Guild Investment Management
Los Angeles,
California
| – | -$618K | -86,863 | Closed |
|
|
CA
52
Cornerstone Advisors
Asheville,
North Carolina
| – | -$359K | -50,452 | Closed |
|
|
AW
53
Atlas Wealth
Cincinnati,
Ohio
| – | -$120K | -16,910 | Closed |
|
|
PGFC
54
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
| – | -$76K | -10,727 | Closed |
|
|
RFA
55
Register Financial Advisors
Atlanta,
Georgia
| – | -$25.6K | -3,604 | Closed |
|
56
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$23.8K | -3,385 | Closed |
|
57
US Bancorp
Minneapolis,
Minnesota
| – | -$7.11K | -1,000 | Closed |
|
|
GI
58
Gradient Investments
Arden Hills,
Minnesota
| – | -$2.84K | -400 | Closed |
|
JOF Hedge Fund Activity: Q4 2023 in Review
50 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q4 2023, worth a combined $173M — up 9.4% from $159M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of JOF and 7 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $1.74M. The largest seller was Lazard Asset Management, cutting an estimated $2.24M.
- 50 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q4 2023, down from 51 in Q3 2023.
- Funds reported $173M of Japan Smaller Capitalization Fund stock for Q4 2023, up 9.4% quarter-over-quarter.
- 7 funds opened new Japan Smaller Capitalization Fund positions in Q4 2023 and 8 closed out, a net change of -1 holder.
- The largest Japan Smaller Capitalization Fund buyer in Q4 2023 was Morgan Stanley, an estimated $1.74M added.
- The largest Japan Smaller Capitalization Fund seller in Q4 2023 was Lazard Asset Management, an estimated $2.24M sold.
Based on aggregated 13F filings for Q4 2023.