Japan Smaller Capitalization Fund
JOF
45 hedge funds and large institutions have $183M invested in Japan Smaller Capitalization Fund in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
16% more capital inflows, than outflows
Capital inflows: $4M | Capital outflows: $3.46M
0% more funds holding
Funds holding: 45 → 45 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.98% less ownership
Funds ownership: 76.78% → 75.8% (-0.98%)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.09M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$600K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$505K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$490K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$319K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$901K |
| 2 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
-$610K |
| 3 |
SCM
Salem Capital Management
Woburn,
Massachusetts
|
-$606K |
| 4 |
LPL Financial
San Diego,
California
|
-$268K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$262K |
JOF Hedge Fund Activity: Q2 2019 in Review
45 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q2 2019, worth a combined $183M — down 4.3% from $191M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JOF positions and 6 closed out — a net gain of 1 holder — while 11 added to existing stakes and 14 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $1.09M. The largest seller was Bank of America, cutting an estimated $901K.
- 45 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $183M of Japan Smaller Capitalization Fund stock for Q2 2019, down 4.3% quarter-over-quarter.
- 7 funds opened new Japan Smaller Capitalization Fund positions in Q2 2019 and 6 closed out, a net change of +1 holder.
- The largest Japan Smaller Capitalization Fund buyer in Q2 2019 was City of London Investment Management, an estimated $1.09M added.
- The largest Japan Smaller Capitalization Fund seller in Q2 2019 was Bank of America, an estimated $901K sold.
Based on aggregated 13F filings for Q2 2019.