Korea Fund
28 hedge funds and large institutions have $176M invested in Korea Fund in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 2 closing their positions.
6% more capital invested
Capital invested by funds: $165M → $176M (+$10.5M)
0.11% more ownership
Funds ownership: 48.08% → 48.19% (+0.11%)
0% more funds holding
Funds holding: 28 → 28 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$7.11M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$424K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$388K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$209K |
| 5 |
LK
Lumbard & Kellner
Hollis,
New Hampshire
|
+$19.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$6.31M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$624K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$579K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$191K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$41.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWP
26
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| $3K | – | – | – |
|
|
LNB
27
Ledyard National Bank
| $2K | – | – | – |
|
28
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | +$1.37K | +33 | New |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$15K | -380 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$5K | -121 | Closed |
|
KF Hedge Fund Activity: Q2 2014 in Review
28 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q2 2014, worth a combined $176M — up 6.3% from $165M a quarter earlier.
Fund positioning in KF was balanced in Q2 2014: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 8 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $7.11M. The largest seller was Lazard Asset Management, cutting an estimated $6.31M.
- 28 institutional investors held Korea Fund (KF) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $176M of Korea Fund stock for Q2 2014, up 6.3% quarter-over-quarter.
- 2 funds opened new Korea Fund positions in Q2 2014 and 2 closed out, a net change of 0 holders.
- The largest Korea Fund buyer in Q2 2014 was City of London Investment Management, an estimated $7.11M added.
- The largest Korea Fund seller in Q2 2014 was Lazard Asset Management, an estimated $6.31M sold.
Based on aggregated 13F filings for Q2 2014.