Japan Smaller Capitalization Fund
JOF
52 hedge funds and large institutions have $202M invested in Japan Smaller Capitalization Fund in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
18% more funds holding
Funds holding: 44 → 52 (+8)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
4% more capital invested
Capital invested by funds: $195M → $202M (+$7.51M)
0.32% less ownership
Funds ownership: 79.29% → 78.97% (-0.32%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAMA
Graticule Asia Macro Advisors
New York
|
+$4.61M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.98M |
| 3 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$682K |
| 4 |
GIM
Guild Investment Management
Los Angeles,
California
|
+$539K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.1M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.09M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.83M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.37M |
| 5 |
OMC
Oasis Management Company
Grand Cayman,
Cayman Islands
|
-$932K |
JOF Hedge Fund Activity: Q4 2020 in Review
52 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q4 2020, worth a combined $202M — up 3.9% from $195M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new JOF positions and 1 closed out — a net gain of 8 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Graticule Asia Macro Advisors, opening a new position worth an estimated $4.61M. The largest seller was 1607 Capital Partners, cutting an estimated $2.1M.
- 52 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q4 2020, up from 44 in Q3 2020.
- Funds reported $202M of Japan Smaller Capitalization Fund stock for Q4 2020, up 3.9% quarter-over-quarter.
- 9 funds opened new Japan Smaller Capitalization Fund positions in Q4 2020 and 1 closed out, a net change of +8 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q4 2020 was Graticule Asia Macro Advisors, an estimated $4.61M added.
- The largest Japan Smaller Capitalization Fund seller in Q4 2020 was 1607 Capital Partners, an estimated $2.1M sold.
Based on aggregated 13F filings for Q4 2020.