Japan Smaller Capitalization Fund
JOF
45 hedge funds and large institutions have $181M invested in Japan Smaller Capitalization Fund in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
5% more funds holding
Funds holding: 43 → 45 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7.19% less ownership
Funds ownership: 72.59% → 65.4% (-7.2%)
9% less capital invested
Capital invested by funds: $198M → $181M (-$17.1M)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$3.71M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.43M |
| 3 |
Citigroup
New York
|
+$1.56M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$890K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
-$23M |
| 2 |
Morgan Stanley
New York
|
-$1.86M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.85M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.39M |
| 5 |
AFWA
Ancora Family Wealth Advisors
Cleveland,
Ohio
|
-$338K |
JOF Hedge Fund Activity: Q2 2016 in Review
45 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q2 2016, worth a combined $181M — down 8.6% from $198M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new JOF positions and 5 closed out — a net gain of 3 holders — while 9 added to existing stakes and 15 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $3.71M. The largest seller was Barry Investment Advisors, exiting entirely with an estimated $23M sold.
- 45 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q2 2016, up from 43 in Q1 2016.
- Funds reported $181M of Japan Smaller Capitalization Fund stock for Q2 2016, down 8.6% quarter-over-quarter.
- 8 funds opened new Japan Smaller Capitalization Fund positions in Q2 2016 and 5 closed out, a net change of +3 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q2 2016 was Lazard Asset Management, an estimated $3.71M added.
- The largest Japan Smaller Capitalization Fund seller in Q2 2016 was Barry Investment Advisors, an estimated $23M sold.
Based on aggregated 13F filings for Q2 2016.