Japan Smaller Capitalization Fund
JOF
54 hedge funds and large institutions have $232M invested in Japan Smaller Capitalization Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more funds holding
Funds holding: 51 → 54 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.17% less ownership
Funds ownership: 74.29% → 74.12% (-0.17%)
5% less capital invested
Capital invested by funds: $245M → $232M (-$12.4M)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$12.9M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.78M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.94M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.91M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$23M |
| 2 |
SAMC
Spectrum Asset Management (California)
Newport Beach,
California
|
-$923K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$318K |
| 4 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
-$264K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$250K |
JOF Hedge Fund Activity: Q3 2018 in Review
54 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q3 2018, worth a combined $232M — down 5% from $245M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JOF positions and 4 closed out — a net gain of 3 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Wells Fargo, adding an estimated $12.9M. The largest seller was Curi RMB Capital, cutting an estimated $23M.
- 54 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q3 2018, up from 51 in Q2 2018.
- Funds reported $232M of Japan Smaller Capitalization Fund stock for Q3 2018, down 5% quarter-over-quarter.
- 7 funds opened new Japan Smaller Capitalization Fund positions in Q3 2018 and 4 closed out, a net change of +3 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q3 2018 was Wells Fargo, an estimated $12.9M added.
- The largest Japan Smaller Capitalization Fund seller in Q3 2018 was Curi RMB Capital, an estimated $23M sold.
Based on aggregated 13F filings for Q3 2018.