Japan Smaller Capitalization Fund
JOF
46 hedge funds and large institutions have $266M invested in Japan Smaller Capitalization Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
9% more capital invested
Capital invested by funds: $244M → $266M (+$22.1M)
7% more funds holding
Funds holding: 43 → 46 (+3)
0.21% less ownership
Funds ownership: 75% → 74.79% (-0.21%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.11M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$637K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$484K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$389K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
-$1.5M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.33M |
| 3 |
Cohen & Steers
New York
|
-$869K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$625K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$544K |
JOF Hedge Fund Activity: Q3 2017 in Review
46 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q3 2017, worth a combined $266M — up 9.1% from $244M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new JOF positions and 2 closed out — a net gain of 4 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $3.11M. The largest seller was Barry Investment Advisors, cutting an estimated $1.5M.
- 46 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q3 2017, up from 43 in Q2 2017.
- Funds reported $266M of Japan Smaller Capitalization Fund stock for Q3 2017, up 9.1% quarter-over-quarter.
- 6 funds opened new Japan Smaller Capitalization Fund positions in Q3 2017 and 2 closed out, a net change of +4 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q3 2017 was City of London Investment Management, an estimated $3.11M added.
- The largest Japan Smaller Capitalization Fund seller in Q3 2017 was Barry Investment Advisors, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2017.