Japan Smaller Capitalization Fund
JOF
43 hedge funds and large institutions have $244M invested in Japan Smaller Capitalization Fund in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
5% more capital invested
Capital invested by funds: $231M → $244M (+$12.5M)
2% more funds holding
Funds holding: 42 → 43 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.37% less ownership
Funds ownership: 75.36% → 75% (-0.37%)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.07M |
| 2 |
Cohen & Steers
New York
|
+$874K |
| 3 |
Morgan Stanley
New York
|
+$765K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$625K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.88M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.18M |
| 3 |
Lazard Asset Management
New York
|
-$895K |
| 4 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
-$580K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$258K |
JOF Hedge Fund Activity: Q2 2017 in Review
43 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q2 2017, worth a combined $244M — up 5.4% from $231M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new JOF positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $1.07M. The largest seller was Bulldog Investors, cutting an estimated $1.88M.
- 43 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q2 2017, up from 42 in Q1 2017.
- Funds reported $244M of Japan Smaller Capitalization Fund stock for Q2 2017, up 5.4% quarter-over-quarter.
- 5 funds opened new Japan Smaller Capitalization Fund positions in Q2 2017 and 3 closed out, a net change of +2 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q2 2017 was Wolverine Asset Management, an estimated $1.07M added.
- The largest Japan Smaller Capitalization Fund seller in Q2 2017 was Bulldog Investors, an estimated $1.88M sold.
Based on aggregated 13F filings for Q2 2017.