Korea Fund
27 hedge funds and large institutions have $154M invested in Korea Fund in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more funds holding
Funds holding: 25 → 27 (+2)
1% more capital invested
Capital invested by funds: $153M → $154M (+$794K)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.91% less ownership
Funds ownership: 65.56% → 64.64% (-0.91%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$489K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$307K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$295K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$289K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$2.73M |
| 2 |
Citigroup
New York
|
-$805K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$322K |
| 4 |
VF
Virtu Financial
New York
|
-$220K |
| 5 |
Morgan Stanley
New York
|
-$84K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | – | – | – |
|
|
RE
27
RBC Europe
London,
United Kingdom
| $3.42K | – | – | – |
|
|
VF
28
Virtu Financial
New York
| – | -$220K | -5,427 | Closed |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| – | -$5K | -117 | Closed |
|
30
SEI Investments
Oaks,
Pennsylvania
| – | -$3K | -80 | Closed |
|
KF Hedge Fund Activity: Q4 2017 in Review
27 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q4 2017, worth a combined $154M — up 0.52% from $153M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KF positions and 3 closed out — a net gain of 2 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $489K. The largest seller was Lazard Asset Management, cutting an estimated $2.73M.
- 27 institutional investors held Korea Fund (KF) as of Q4 2017, up from 25 in Q3 2017.
- Funds reported $154M of Korea Fund stock for Q4 2017, up 0.52% quarter-over-quarter.
- 5 funds opened new Korea Fund positions in Q4 2017 and 3 closed out, a net change of +2 holders.
- The largest Korea Fund buyer in Q4 2017 was 1607 Capital Partners, an estimated $489K added.
- The largest Korea Fund seller in Q4 2017 was Lazard Asset Management, an estimated $2.73M sold.
Based on aggregated 13F filings for Q4 2017.