Korea Equity Fund
KEF was delisted on the 17th of July, 2017.
21 hedge funds and large institutions have $68.7M invested in Korea Equity Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
24% more funds holding
Funds holding: 17 → 21 (+4)
17% more capital invested
Capital invested by funds: $58.6M → $68.7M (+$10.1M)
3.11% more ownership
Funds ownership: 76.57% → 79.68% (+3.1%)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.25M |
| 2 |
WIM
Waverton Investment Management
London,
United Kingdom
|
+$1.05M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$384K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$145K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$97.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.06M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$349K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$125K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.5K |
| 5 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$4.32K |
KEF Hedge Fund Activity: Q3 2016 in Review
21 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Korea Equity Fund (KEF) for Q3 2016, worth a combined $68.7M — up 17% from $58.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new KEF positions and 2 closed out — a net gain of 4 holders — while 4 added to existing stakes and 4 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $2.25M. The largest seller was Lazard Asset Management, cutting an estimated $1.06M.
- 21 institutional investors held Korea Equity Fund (KEF) as of Q3 2016, up from 17 in Q2 2016.
- Funds reported $68.7M of Korea Equity Fund stock for Q3 2016, up 17% quarter-over-quarter.
- 6 funds opened new Korea Equity Fund positions in Q3 2016 and 2 closed out, a net change of +4 holders.
- The largest Korea Equity Fund buyer in Q3 2016 was Bulldog Investors, an estimated $2.25M added.
- The largest Korea Equity Fund seller in Q3 2016 was Lazard Asset Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q3 2016.