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JOF

Japan Smaller Capitalization Fund

41 hedge funds and large institutions have $189M invested in Japan Smaller Capitalization Fund in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $180M → $189M (+$9.73M)

0.4% more ownership

Funds ownership: 75.8%76.2% (+0.4%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

9% less funds holding

Funds holding: 4541 (-4)

47% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 15

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5

Holders
41
Holders Change
-4
Holders Change %
-8.89%
% of All Funds
0.9%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
1
Increased
8
Reduced
15
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$49.5M -$3.3M -387,397 -6%
1CP
2
1607 Capital Partners
Virginia
$48.6M +$2.1M +246,023 +5%
Lazard Asset Management
3
Lazard Asset Management
New York
$31.6M +$948K +111,277 +3%
COLIM
4
City of London Investment Management
United Kingdom
$19.1M +$1.85M +217,532 +11%
BIA
5
Barry Investment Advisors
Massachusetts
$13.1M -$419K -49,202 -3%
KIM
6
Karpus Investment Management
New York
$9.11M +$146K +17,125 +2%
BI
7
Bulldog Investors
New Jersey
$3.1M
RJA
8
Raymond James & Associates
Florida
$3M +$237K +27,809 +9%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$2.5M
SCM
10
Salem Capital Management
Massachusetts
$1.55M
FWSM
11
First Wilshire Securities Management
California
$1.11M -$31.5K -3,700 -3%
WAM
12
Wolverine Asset Management
Illinois
$1.01M -$184K -21,613 -16%
Morgan Stanley
13
Morgan Stanley
New York
$670K -$83.2K -9,763 -11%
MC
14
Matisse Capital
Oregon
$512K +$368K +43,200 +284%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$500K -$2.06K -242 -0.4%
6M
16
6 Meridian
Kansas
$442K +$429K +50,401 New
Nomura Asset Management
17
Nomura Asset Management
Japan
$390K
LCM
18
Landscape Capital Management
New Jersey
$374K -$28.9K -3,387 -7%
TJHA
19
Thomas J. Herzfeld Advisors
Florida
$286K -$232K -27,249 -46%
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$279K
DWM
21
Dakota Wealth Management
Florida
$268K +$1.02K +120 +0.4%
CL
22
CSS LLC
Illinois
$266K
BA
23
Bard Associates
Illinois
$262K -$4.47K -525 -2%
CRC
24
Curi RMB Capital
Illinois
$238K -$6.6K -774 -3%
GC
25
Guggenheim Capital
Illinois
$236K

JOF Hedge Fund Activity: Q3 2019 in Review

41 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q3 2019, worth a combined $189M — up 5.4% from $180M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of JOF and 1 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 8 added.

The largest buyer was 1607 Capital Partners, adding an estimated $2.1M. The largest seller was Wells Fargo, cutting an estimated $3.3M.

  • 41 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q3 2019, down from 45 in Q2 2019.
  • Funds reported $189M of Japan Smaller Capitalization Fund stock for Q3 2019, up 5.4% quarter-over-quarter.
  • 1 fund opened new Japan Smaller Capitalization Fund positions in Q3 2019 and 5 closed out, a net change of -4 holders.
  • The largest Japan Smaller Capitalization Fund buyer in Q3 2019 was 1607 Capital Partners, an estimated $2.1M added.
  • The largest Japan Smaller Capitalization Fund seller in Q3 2019 was Wells Fargo, an estimated $3.3M sold.

Based on aggregated 13F filings for Q3 2019.