Korea Equity Fund
KEF was delisted on the 17th of July, 2017.
19 hedge funds and large institutions have $58.2M invested in Korea Equity Fund in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
10% more capital invested
Capital invested by funds: $53.1M → $58.2M (+$5.14M)
1.86% more ownership
Funds ownership: 65.77% → 67.64% (+1.9%)
10% less funds holding
Funds holding: 21 → 19 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.47M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$310K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$6.13K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$102K |
| 2 |
Lazard Asset Management
New York
|
-$66.4K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$41K |
| 4 |
Citigroup
New York
|
-$17K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.43K |
KEF Hedge Fund Activity: Q2 2014 in Review
19 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Korea Equity Fund (KEF) for Q2 2014, worth a combined $58.2M — up 9.7% from $53.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of KEF and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was City of London Investment Management, adding an estimated $1.47M. The largest seller was Karpus Investment Management, cutting an estimated $102K.
- 19 institutional investors held Korea Equity Fund (KEF) as of Q2 2014, down from 21 in Q1 2014.
- Funds reported $58.2M of Korea Equity Fund stock for Q2 2014, up 9.7% quarter-over-quarter.
- 1 fund opened new Korea Equity Fund positions in Q2 2014 and 3 closed out, a net change of -2 holders.
- The largest Korea Equity Fund buyer in Q2 2014 was City of London Investment Management, an estimated $1.47M added.
- The largest Korea Equity Fund seller in Q2 2014 was Karpus Investment Management, an estimated $102K sold.
Based on aggregated 13F filings for Q2 2014.