Japan Smaller Capitalization Fund
JOF
44 hedge funds and large institutions have $169M invested in Japan Smaller Capitalization Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3.68% more ownership
Funds ownership: 59.87% → 63.55% (+3.7%)
2% more funds holding
Funds holding: 43 → 44 (+1)
0% more capital invested
Capital invested by funds: $169M → $169M (+$197K)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$6.28M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.47M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$769K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$627K |
| 5 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
+$540K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$285K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$144K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$142K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$130K |
| 5 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$115K |
JOF Hedge Fund Activity: Q2 2015 in Review
44 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q2 2015, worth a combined $169M — up 0.12% from $169M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new JOF positions and 7 closed out — a net gain of 1 holder — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $6.28M. The largest seller was Royal Bank of Canada, cutting an estimated $285K.
- 44 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q2 2015, up from 43 in Q1 2015.
- Funds reported $169M of Japan Smaller Capitalization Fund stock for Q2 2015, up 0.12% quarter-over-quarter.
- 8 funds opened new Japan Smaller Capitalization Fund positions in Q2 2015 and 7 closed out, a net change of +1 holder.
- The largest Japan Smaller Capitalization Fund buyer in Q2 2015 was Lazard Asset Management, an estimated $6.28M added.
- The largest Japan Smaller Capitalization Fund seller in Q2 2015 was Royal Bank of Canada, an estimated $285K sold.
Based on aggregated 13F filings for Q2 2015.