Japan Smaller Capitalization Fund
JOF
53 hedge funds and large institutions have $187M invested in Japan Smaller Capitalization Fund in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
8% more capital invested
Capital invested by funds: $173M → $187M (+$14.5M)
0.71% less ownership
Funds ownership: 79.45% → 78.75% (-0.71%)
5% less funds holding
Funds holding: 56 → 53 (-3)
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.38M |
| 2 |
Lazard Asset Management
New York
|
+$620K |
| 3 |
Morgan Stanley
New York
|
+$369K |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$340K |
| 5 |
MG
Marex Group
London,
|
+$232K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.53M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.34M |
| 3 |
RL
RPO LLC
Stamford,
Connecticut
|
-$774K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$437K |
| 5 |
ICM
Ionic Capital Management
New York
|
-$435K |
JOF Hedge Fund Activity: Q1 2025 in Review
53 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Japan Smaller Capitalization Fund (JOF) for Q1 2025, worth a combined $187M — up 8.4% from $173M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of JOF and 4 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 14 added.
The largest buyer was Saba Capital Management, adding an estimated $4.38M. The largest seller was 1607 Capital Partners, cutting an estimated $2.53M.
- 53 institutional investors held Japan Smaller Capitalization Fund (JOF) as of Q1 2025, down from 56 in Q4 2024.
- Funds reported $187M of Japan Smaller Capitalization Fund stock for Q1 2025, up 8.4% quarter-over-quarter.
- 4 funds opened new Japan Smaller Capitalization Fund positions in Q1 2025 and 7 closed out, a net change of -3 holders.
- The largest Japan Smaller Capitalization Fund buyer in Q1 2025 was Saba Capital Management, an estimated $4.38M added.
- The largest Japan Smaller Capitalization Fund seller in Q1 2025 was 1607 Capital Partners, an estimated $2.53M sold.
Based on aggregated 13F filings for Q1 2025.