Korea Equity Fund
KEF was delisted on the 17th of July, 2017.
21 hedge funds and large institutions have $53.1M invested in Korea Equity Fund in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 6 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
2% more capital invested
Capital invested by funds: $52M → $53.1M (+$1.03M)
19% less funds holding
Funds holding: 26 → 21 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.75M |
| 2 |
Lazard Asset Management
New York
|
+$401K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$47.5K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$39.6K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$31.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Ashmore Group
London,
United Kingdom
|
-$1.15M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$885K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$303K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$292K |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$222K |
KEF Hedge Fund Activity: Q1 2014 in Review
21 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Korea Equity Fund (KEF) for Q1 2014, worth a combined $53.1M — up 2% from $52M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of KEF and 1 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was City of London Investment Management, adding an estimated $3.75M. The largest seller was Ashmore Group, exiting entirely with an estimated $1.15M sold.
- 21 institutional investors held Korea Equity Fund (KEF) as of Q1 2014, down from 26 in Q4 2013.
- Funds reported $53.1M of Korea Equity Fund stock for Q1 2014, up 2% quarter-over-quarter.
- 1 fund opened new Korea Equity Fund positions in Q1 2014 and 6 closed out, a net change of -5 holders.
- The largest Korea Equity Fund buyer in Q1 2014 was City of London Investment Management, an estimated $3.75M added.
- The largest Korea Equity Fund seller in Q1 2014 was Ashmore Group, an estimated $1.15M sold.
Based on aggregated 13F filings for Q1 2014.