Korea Fund
25 hedge funds and large institutions have $153M invested in Korea Fund in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
7.55% more ownership
Funds ownership: 58% → 65.56% (+7.6%)
4% more funds holding
Funds holding: 24 → 25 (+1)
1% more capital invested
Capital invested by funds: $152M → $153M (+$877K)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$831K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$321K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$303K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$286K |
| 5 |
Citigroup
New York
|
+$252K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.25M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$540K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$345K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$166K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$45K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
26
Curi RMB Capital
Chicago,
Illinois
| – | -$345K | -8,620 | Closed |
|
|
27
Creative Planning
Overland Park,
Kansas
| – | -$45K | -1,121 | Closed |
|
|
NA
28
NewEdge Advisors
New Orleans,
Louisiana
| – | -$4.01K | -100 | Closed |
|
KF Hedge Fund Activity: Q3 2017 in Review
25 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q3 2017, worth a combined $153M — up 0.58% from $152M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KF positions and 3 closed out — a net gain of 2 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $831K. The largest seller was Lazard Asset Management, cutting an estimated $1.25M.
- 25 institutional investors held Korea Fund (KF) as of Q3 2017, up from 24 in Q2 2017.
- Funds reported $153M of Korea Fund stock for Q3 2017, up 0.58% quarter-over-quarter.
- 5 funds opened new Korea Fund positions in Q3 2017 and 3 closed out, a net change of +2 holders.
- The largest Korea Fund buyer in Q3 2017 was Cornerstone Advisors, an estimated $831K added.
- The largest Korea Fund seller in Q3 2017 was Lazard Asset Management, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2017.