Japan Smaller Capitalization Fund
JOF
45 hedge funds and large institutions have $191M invested in Japan Smaller Capitalization Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $178M → $191M (+$13.1M)
1.29% more ownership
Funds ownership: 75.49% → 76.78% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 47 → 45 (-2)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.35M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.22M |
| 3 |
SCM
Salem Capital Management
Woburn,
Massachusetts
|
+$838K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$780K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$735K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.43M |
| 2 |
Cohen & Steers
New York
|
-$408K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$379K |
| 4 |
Morgan Stanley
New York
|
-$312K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$305K |
JOF Hedge Fund Activity: Q1 2019 in Review
45 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q1 2019, worth a combined $191M — up 7.4% from $178M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of JOF and 4 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 11 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.35M. The largest seller was Lazard Asset Management, cutting an estimated $1.43M.
- 45 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q1 2019, down from 47 in Q4 2018.
- Funds reported $191M of Japan Smaller Capitalization Fund stock for Q1 2019, up 7.4% quarter-over-quarter.
- 4 funds opened new Japan Smaller Capitalization Fund positions in Q1 2019 and 6 closed out, a net change of -2 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q1 2019 was 1607 Capital Partners, an estimated $1.35M added.
- The largest Japan Smaller Capitalization Fund seller in Q1 2019 was Lazard Asset Management, an estimated $1.43M sold.
Based on aggregated 13F filings for Q1 2019.