Korea Fund
28 hedge funds and large institutions have $169M invested in Korea Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13.65% more ownership
Funds ownership: 51.94% → 65.59% (+14%)
4% more funds holding
Funds holding: 27 → 28 (+1)
2% more capital invested
Capital invested by funds: $166M → $169M (+$3.52M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AEC
Advance Emerging Capital
London,
United Kingdom
|
+$25M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$598K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$310K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$135K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$57.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$213K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$202K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$110K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$82.4K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$80.2K |
KF Hedge Fund Activity: Q3 2015 in Review
28 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q3 2015, worth a combined $169M — up 2.1% from $166M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new KF positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Advance Emerging Capital, opening a new position worth an estimated $25M. The largest seller was Lazard Asset Management, cutting an estimated $213K.
- 28 institutional investors held Korea Fund (KF) as of Q3 2015, up from 27 in Q2 2015.
- Funds reported $169M of Korea Fund stock for Q3 2015, up 2.1% quarter-over-quarter.
- 3 funds opened new Korea Fund positions in Q3 2015 and 1 closed out, a net change of +2 holders.
- The largest Korea Fund buyer in Q3 2015 was Advance Emerging Capital, an estimated $25M added.
- The largest Korea Fund seller in Q3 2015 was Lazard Asset Management, an estimated $213K sold.
Based on aggregated 13F filings for Q3 2015.