Japan Smaller Capitalization Fund
JOF
56 hedge funds and large institutions have $176M invested in Japan Smaller Capitalization Fund in 2024 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
1.12% more ownership
Funds ownership: 79.7% → 80.82% (+1.1%)
0% more funds holding
Funds holding: 56 → 56 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $186M → $176M (-$10.8M)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.54M |
| 2 |
HC
Hara Capital
Bellevue,
Washington
|
+$3.05M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$764K |
| 4 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
+$548K |
| 5 |
ICM
Ionic Capital Management
New York
|
+$441K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.7M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.13M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$647K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$613K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$303K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| $7.67K | – | – | – |
|
52
Bessemer Group
Woodbridge,
New Jersey
| $5K | -$490 | -63 | -10% |
|
|
AA
53
Ancora Advisors
Cleveland,
Ohio
| $4.6K | – | – | – |
|
54
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | +$1.94K | +250 | New |
|
|
BC
55
Broadwater Capital
Boston,
Massachusetts
| $1.34K | – | – | – |
|
56
Wells Fargo
San Francisco,
California
| $460 | +$467 | +60 | New |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| – | -$647K | -78,228 | Closed |
|
|
LSC
58
Logan Stone Capital
Chicago,
Illinois
| – | -$613K | -74,144 | Closed |
|
|
IAIM
59
International Assets Investment Management
Orlando,
Florida
| – | -$4.6K | -38,042 | Closed |
|
|
DWM
60
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$164K | -19,792 | Closed |
|
61
Citadel Advisors
Miami,
Florida
| – | -$106K | -12,764 | Closed |
|
|
VF
62
Virtu Financial
New York
| – | -$104K | -12,588 | Closed |
|
JOF Hedge Fund Activity: Q4 2024 in Review
56 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q4 2024, worth a combined $176M — down 5.8% from $186M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JOF positions and 6 closed out — a net gain of 1 holder — while 16 added to existing stakes and 19 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $5.54M. The largest seller was Allspring Global Investments, cutting an estimated $3.7M.
- 56 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q4 2024, unchanged from Q3 2024.
- Funds reported $176M of Japan Smaller Capitalization Fund stock for Q4 2024, down 5.8% quarter-over-quarter.
- 7 funds opened new Japan Smaller Capitalization Fund positions in Q4 2024 and 6 closed out, a net change of +1 holder.
- The largest Japan Smaller Capitalization Fund buyer in Q4 2024 was Saba Capital Management, an estimated $5.54M added.
- The largest Japan Smaller Capitalization Fund seller in Q4 2024 was Allspring Global Investments, an estimated $3.7M sold.
Based on aggregated 13F filings for Q4 2024.