Japan Smaller Capitalization Fund
JOF
43 hedge funds and large institutions have $169M invested in Japan Smaller Capitalization Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more capital invested
Capital invested by funds: $148M → $169M (+$20.5M)
1.53% more ownership
Funds ownership: 58.34% → 59.87% (+1.5%)
7% less funds holding
Funds holding: 46 → 43 (-3)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.31M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.73M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.48M |
| 4 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
+$1.19M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$914K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.61M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$797K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$650K |
| 4 |
SG Americas Securities
New York
|
-$645K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$620K |
JOF Hedge Fund Activity: Q1 2015 in Review
43 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q1 2015, worth a combined $169M — up 14% from $148M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of JOF and 2 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 11 added.
The largest buyer was Wells Fargo, adding an estimated $4.31M. The largest seller was Lazard Asset Management, cutting an estimated $1.61M.
- 43 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q1 2015, down from 46 in Q4 2014.
- Funds reported $169M of Japan Smaller Capitalization Fund stock for Q1 2015, up 14% quarter-over-quarter.
- 2 funds opened new Japan Smaller Capitalization Fund positions in Q1 2015 and 5 closed out, a net change of -3 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q1 2015 was Wells Fargo, an estimated $4.31M added.
- The largest Japan Smaller Capitalization Fund seller in Q1 2015 was Lazard Asset Management, an estimated $1.61M sold.
Based on aggregated 13F filings for Q1 2015.