Japan Smaller Capitalization Fund
JOF
38 hedge funds and large institutions have $93.4M invested in Japan Smaller Capitalization Fund in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
16% more capital invested
Capital invested by funds: $80.2M → $93.4M (+$13.2M)
3.02% more ownership
Funds ownership: 31.63% → 34.65% (+3%)
3% more funds holding
Funds holding: 37 → 38 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$5.05M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.1M |
| 3 |
DT
Diversified Trust
Memphis,
Tennessee
|
+$2.07M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$515K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$493K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$852K |
| 2 |
PRC
Platte River Capital
Denver,
Colorado
|
-$767K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$744K |
| 4 |
Morgan Stanley
New York
|
-$516K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$384K |
JOF Hedge Fund Activity: Q3 2013 in Review
38 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q3 2013, worth a combined $93.4M — up 16% from $80.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new JOF positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 15 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $5.05M. The largest seller was TFS Capital, cutting an estimated $852K.
- 38 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q3 2013, up from 37 in Q2 2013.
- Funds reported $93.4M of Japan Smaller Capitalization Fund stock for Q3 2013, up 16% quarter-over-quarter.
- 4 funds opened new Japan Smaller Capitalization Fund positions in Q3 2013 and 2 closed out, a net change of +2 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q3 2013 was Lazard Asset Management, an estimated $5.05M added.
- The largest Japan Smaller Capitalization Fund seller in Q3 2013 was TFS Capital, an estimated $852K sold.
Based on aggregated 13F filings for Q3 2013.