Korea Fund
27 hedge funds and large institutions have $150M invested in Korea Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
1% more capital invested
Capital invested by funds: $149M → $150M (+$1.64M)
0% more funds holding
Funds holding: 27 → 27 (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
1.74% less ownership
Funds ownership: 65.24% → 63.5% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$774K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$549K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$419K |
| 4 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$395K |
| 5 |
Lazard Asset Management
New York
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$5.34M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$412K |
| 3 |
SG Americas Securities
New York
|
-$251K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$186K |
| 5 |
Morgan Stanley
New York
|
-$7.41K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
|
MWP
27
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| $3K | +$303 | +10 | +14% |
|
|
28
SG Americas Securities
New York
| – | -$251K | -7,875 | Closed |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| – | -$4K | -117 | Closed |
|
KF Hedge Fund Activity: Q1 2016 in Review
27 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q1 2016, worth a combined $150M — up 1.1% from $149M a quarter earlier.
Fund positioning in KF was balanced in Q1 2016: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 6 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $774K. The largest seller was Aberdeen Asset Management, cutting an estimated $5.34M.
- 27 institutional investors held Korea Fund (KF) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $150M of Korea Fund stock for Q1 2016, up 1.1% quarter-over-quarter.
- 2 funds opened new Korea Fund positions in Q1 2016 and 2 closed out, a net change of 0 holders.
- The largest Korea Fund buyer in Q1 2016 was Citigroup, an estimated $774K added.
- The largest Korea Fund seller in Q1 2016 was Aberdeen Asset Management, an estimated $5.34M sold.
Based on aggregated 13F filings for Q1 2016.