We are live on ! Find out more
JOF

Japan Smaller Capitalization Fund

49 hedge funds and large institutions have $244M invested in Japan Smaller Capitalization Fund in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

7% more funds holding

Funds holding: 4649 (+3)

1.93% less ownership

Funds ownership: 74.79%72.85% (-1.9%)

8% less capital invested

Capital invested by funds: $266M → $244M (-$22.3M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

44% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 16

Holders
49
Holders Change
+3
Holders Change %
+6.52%
% of All Funds
1.11%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
11
Increased
9
Reduced
16
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$50.4M -$474K -36,968 -0.9%
1CP
2
1607 Capital Partners
Virginia
$50.2M +$33.3K +2,600 +0.1%
Lazard Asset Management
3
Lazard Asset Management
New York
$45.2M +$1.5M +116,972 +3%
CRC
4
Curi RMB Capital
Illinois
$26.1M -$13.4K -1,042 -0%
BIA
5
Barry Investment Advisors
Massachusetts
$20.9M -$5.62M -438,613 -20%
KIM
6
Karpus Investment Management
New York
$13.6M -$4.17M -325,300 -22%
COLIM
7
City of London Investment Management
United Kingdom
$12M +$5.02M +391,832 +63%
BI
8
Bulldog Investors
New Jersey
$8.55M -$2.71M -211,699 -23%
Morgan Stanley
9
Morgan Stanley
New York
$2.61M +$753K +58,751 +36%
TJHA
10
Thomas J. Herzfeld Advisors
Florida
$2.39M +$366K +28,513 +16%
FWSM
11
First Wilshire Securities Management
California
$1.7M -$39.2K -3,059 -2%
MC
12
Matisse Capital
Oregon
$1.4M -$213K -16,600 -12%
OA
13
Oxbow Advisors
Texas
$1.02M +$1.11M +86,617 New
Bank of America
14
Bank of America
North Carolina
$800K +$67.7K +5,278 +8%
CA
15
Cornerstone Advisors
North Carolina
$660K -$853K -66,572 -54%
RJA
16
Raymond James & Associates
Florida
$581K -$324K -25,308 -34%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$473K -$75.6K -5,900 -13%
BC
18
Brinker Capital
Pennsylvania
$473K -$14.9K -1,165 -3%
Nomura Asset Management
19
Nomura Asset Management
Japan
$440K +$63.5K +4,955 +15%
BA
20
Bard Associates
Illinois
$375K -$8.55K -667 -2%
UBS Group
21
UBS Group
Switzerland
$360K +$51K +3,977 +15%
WAM
22
Wolverine Asset Management
Illinois
$351K -$1.5M -116,896 -80%
PVWM
23
Point View Wealth Management
New Jersey
$351K
CL
24
CSS LLC
Illinois
$300K
SAMC
25
Spectrum Asset Management (California)
California
$264K +$287K +22,350 New

JOF Hedge Fund Activity: Q4 2017 in Review

49 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q4 2017, worth a combined $244M — down 8.4% from $266M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new JOF positions and 8 closed out — a net gain of 3 holders — while 9 added to existing stakes and 16 trimmed.

The largest buyer was City of London Investment Management, adding an estimated $5.02M. The largest seller was Barry Investment Advisors, cutting an estimated $5.62M.

  • 49 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q4 2017, up from 46 in Q3 2017.
  • Funds reported $244M of Japan Smaller Capitalization Fund stock for Q4 2017, down 8.4% quarter-over-quarter.
  • 11 funds opened new Japan Smaller Capitalization Fund positions in Q4 2017 and 8 closed out, a net change of +3 holders.
  • The largest Japan Smaller Capitalization Fund buyer in Q4 2017 was City of London Investment Management, an estimated $5.02M added.
  • The largest Japan Smaller Capitalization Fund seller in Q4 2017 was Barry Investment Advisors, an estimated $5.62M sold.

Based on aggregated 13F filings for Q4 2017.