Japan Smaller Capitalization Fund
JOF
47 hedge funds and large institutions have $161M invested in Japan Smaller Capitalization Fund in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 7 closing their positions.
3% more capital invested
Capital invested by funds: $156M → $161M (+$4.78M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.03% less ownership
Funds ownership: 80.02% → 79% (-1%)
4% less funds holding
Funds holding: 49 → 47 (-2)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$1.39M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$848K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$584K |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
+$252K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.02M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$986K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$879K |
| 4 |
PAS
Park Avenue Securities
New York
|
-$839K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$632K |
JOF Hedge Fund Activity: Q2 2023 in Review
47 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q2 2023, worth a combined $161M — up 3.1% from $156M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of JOF and 5 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 11 added.
The largest buyer was Lazard Asset Management, adding an estimated $1.39M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.02M sold.
- 47 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q2 2023, down from 49 in Q1 2023.
- Funds reported $161M of Japan Smaller Capitalization Fund stock for Q2 2023, up 3.1% quarter-over-quarter.
- 5 funds opened new Japan Smaller Capitalization Fund positions in Q2 2023 and 7 closed out, a net change of -2 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q2 2023 was Lazard Asset Management, an estimated $1.39M added.
- The largest Japan Smaller Capitalization Fund seller in Q2 2023 was Wolverine Asset Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q2 2023.