Japan Smaller Capitalization Fund
JOF
56 hedge funds and large institutions have $186M invested in Japan Smaller Capitalization Fund in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
12% more funds holding
Funds holding: 50 → 56 (+6)
11% more capital invested
Capital invested by funds: $168M → $186M (+$18.6M)
1.41% more ownership
Funds ownership: 78.16% → 79.58% (+1.4%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.36M |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$1.31M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.07M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$588K |
| 5 |
RL
RPO LLC
Stamford,
Connecticut
|
+$475K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.52M |
| 2 |
Lazard Asset Management
New York
|
-$2.3M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$230K |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$139K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$124K |
JOF Hedge Fund Activity: Q3 2024 in Review
56 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q3 2024, worth a combined $186M — up 11% from $168M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new JOF positions and 2 closed out — a net gain of 7 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.36M. The largest seller was City of London Investment Management, cutting an estimated $2.52M.
- 56 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q3 2024, up from 50 in Q2 2024.
- Funds reported $186M of Japan Smaller Capitalization Fund stock for Q3 2024, up 11% quarter-over-quarter.
- 9 funds opened new Japan Smaller Capitalization Fund positions in Q3 2024 and 2 closed out, a net change of +7 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q3 2024 was Saba Capital Management, an estimated $2.36M added.
- The largest Japan Smaller Capitalization Fund seller in Q3 2024 was City of London Investment Management, an estimated $2.52M sold.
Based on aggregated 13F filings for Q3 2024.