Japan Smaller Capitalization Fund
JOF
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.
4% more capital invested
Capital invested by funds: $183M → $189M (+$6.72M)
0.4% more ownership
Funds ownership: 75.8% → 76.2% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 45 → 41 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.1M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.85M |
| 3 |
Lazard Asset Management
New York
|
+$948K |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
+$429K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$368K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.3M |
| 2 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
-$419K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$316K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$232K |
| 5 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
-$213K |
JOF Hedge Fund Activity: Q3 2019 in Review
41 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q3 2019, worth a combined $189M — up 3.7% from $183M 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 3.7% 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.