Korea Fund
27 hedge funds and large institutions have $166M invested in Korea Fund in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
13% more funds holding
Funds holding: 24 → 27 (+3)
0% more capital invested
Capital invested by funds: $165M → $166M (+$485K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.37% less ownership
Funds ownership: 52.31% → 51.94% (-0.37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.47M |
| 2 |
DFIM
Detwiler Fenton Investment Management
Boston,
Massachusetts
|
+$280K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$191K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$169K |
| 5 |
Morgan Stanley
New York
|
+$65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.58M |
| 2 |
Lazard Asset Management
New York
|
-$460K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$261K |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$260K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LNB
26
Ledyard National Bank
| $2K | – | – | – |
|
|
27
CIBC Asset Management
Toronto,
Ontario, Canada
| – | -$260K | -6,478 | Closed |
|
|
DA
28
Doliver Advisors
Houston,
Texas
| – | -$212K | -5,298 | Closed |
|
29
Creative Planning
Overland Park,
Kansas
| – | -$62K | -1,549 | Closed |
|
30
Citigroup
New York
| – | +$374 | +9 | New |
|
KF Hedge Fund Activity: Q2 2015 in Review
27 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q2 2015, worth a combined $166M — up 0.29% from $165M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new KF positions and 3 closed out — a net gain of 3 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Gramercy Funds Management, adding an estimated $1.47M. The largest seller was City of London Investment Management, cutting an estimated $2.58M.
- 27 institutional investors held Korea Fund (KF) as of Q2 2015, up from 24 in Q1 2015.
- Funds reported $166M of Korea Fund stock for Q2 2015, up 0.29% quarter-over-quarter.
- 6 funds opened new Korea Fund positions in Q2 2015 and 3 closed out, a net change of +3 holders.
- The largest Korea Fund buyer in Q2 2015 was Gramercy Funds Management, an estimated $1.47M added.
- The largest Korea Fund seller in Q2 2015 was City of London Investment Management, an estimated $2.58M sold.
Based on aggregated 13F filings for Q2 2015.