Korea Equity Fund
KEF was delisted on the 17th of July, 2017.
19 hedge funds and large institutions have $63.8M invested in Korea Equity Fund in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
7% less capital invested
Capital invested by funds: $68.7M → $63.8M (-$4.88M)
10% less funds holding
Funds holding: 21 → 19 (-2)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Waverton Investment Management
London,
United Kingdom
|
+$1.86M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$928K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$185K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$117K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$4.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$513K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$117K |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$70.3K |
| 4 |
Morgan Stanley
New York
|
-$64.9K |
| 5 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$12.1K |
KEF Hedge Fund Activity: Q4 2016 in Review
19 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Korea Equity Fund (KEF) for Q4 2016, worth a combined $63.8M — down 7.1% from $68.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of KEF and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Waverton Investment Management, adding an estimated $1.86M. The largest seller was Lazard Asset Management, cutting an estimated $513K.
- 19 institutional investors held Korea Equity Fund (KEF) as of Q4 2016, down from 21 in Q3 2016.
- Funds reported $63.8M of Korea Equity Fund stock for Q4 2016, down 7.1% quarter-over-quarter.
- 1 fund opened new Korea Equity Fund positions in Q4 2016 and 3 closed out, a net change of -2 holders.
- The largest Korea Equity Fund buyer in Q4 2016 was Waverton Investment Management, an estimated $1.86M added.
- The largest Korea Equity Fund seller in Q4 2016 was Lazard Asset Management, an estimated $513K sold.
Based on aggregated 13F filings for Q4 2016.