Japan Smaller Capitalization Fund
JOF
51 hedge funds and large institutions have $159M invested in Japan Smaller Capitalization Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
9% more funds holding
Funds holding: 47 → 51 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.24% less ownership
Funds ownership: 79% → 78.75% (-0.24%)
2% less capital invested
Capital invested by funds: $161M → $159M (-$2.59M)
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.07M |
| 2 |
RA
Raffles Associates
New York
|
+$552K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$163K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$156K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$588K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$561K |
| 3 |
Morgan Stanley
New York
|
-$429K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$382K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$256K |
JOF Hedge Fund Activity: Q3 2023 in Review
51 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q3 2023, worth a combined $159M — down 1.6% from $161M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new JOF positions and 3 closed out — a net gain of 4 holders — while 9 added to existing stakes and 17 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.07M. The largest seller was Prospera Financial Services, exiting entirely with an estimated $588K sold.
- 51 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q3 2023, up from 47 in Q2 2023.
- Funds reported $159M of Japan Smaller Capitalization Fund stock for Q3 2023, down 1.6% quarter-over-quarter.
- 7 funds opened new Japan Smaller Capitalization Fund positions in Q3 2023 and 3 closed out, a net change of +4 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q3 2023 was Karpus Investment Management, an estimated $1.07M added.
- The largest Japan Smaller Capitalization Fund seller in Q3 2023 was Prospera Financial Services, an estimated $588K sold.
Based on aggregated 13F filings for Q3 2023.