Japan Smaller Capitalization Fund
JOF
40 hedge funds and large institutions have $195M invested in Japan Smaller Capitalization Fund in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 6 closing their positions.
3% more capital invested
Capital invested by funds: $189M → $195M (+$5.74M)
0.82% more ownership
Funds ownership: 76.2% → 77.01% (+0.82%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less funds holding
Funds holding: 41 → 40 (-1)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.64M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.33M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.17M |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$159K |
| 5 |
SCM
Salem Capital Management
Woburn,
Massachusetts
|
+$114K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$1.11M |
| 2 |
Lazard Asset Management
New York
|
-$1.1M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.01M |
| 4 |
BIA
Barry Investment Advisors
New Bedford,
Massachusetts
|
-$578K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$535K |
JOF Hedge Fund Activity: Q4 2019 in Review
40 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q4 2019, worth a combined $195M — up 3% from $189M a quarter earlier.
Fund positioning in JOF was balanced in Q4 2019: 6 funds opened new positions, 6 closed out, 10 added to existing stakes and 16 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $2.64M. The largest seller was First Wilshire Securities Management, exiting entirely with an estimated $1.11M sold.
- 40 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q4 2019, down from 41 in Q3 2019.
- Funds reported $195M of Japan Smaller Capitalization Fund stock for Q4 2019, up 3% quarter-over-quarter.
- 6 funds opened new Japan Smaller Capitalization Fund positions in Q4 2019 and 6 closed out, a net change of 0 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q4 2019 was City of London Investment Management, an estimated $2.64M added.
- The largest Japan Smaller Capitalization Fund seller in Q4 2019 was First Wilshire Securities Management, an estimated $1.11M sold.
Based on aggregated 13F filings for Q4 2019.