Korea Fund
25 hedge funds and large institutions have $95.4M invested in Korea Fund in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 13 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
9% more funds holding
Funds holding: 23 → 25 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.76% less ownership
Funds ownership: 64.49% → 63.74% (-0.76%)
25% less capital invested
Capital invested by funds: $127M → $95.4M (-$31.4M)
85% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$471K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$264K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$103K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.58K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$460K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$409K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$282K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$256K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$255K |
KF Hedge Fund Activity: Q4 2018 in Review
25 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q4 2018, worth a combined $95.4M — down 25% from $127M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new KF positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 13 trimmed.
The largest buyer was Geode Capital Management, opening a new position worth an estimated $471K. The largest seller was City of London Investment Management, cutting an estimated $460K.
- 25 institutional investors held Korea Fund (KF) as of Q4 2018, up from 23 in Q3 2018.
- Funds reported $95.4M of Korea Fund stock for Q4 2018, down 25% quarter-over-quarter.
- 3 funds opened new Korea Fund positions in Q4 2018 and 1 closed out, a net change of +2 holders.
- The largest Korea Fund buyer in Q4 2018 was Geode Capital Management, an estimated $471K added.
- The largest Korea Fund seller in Q4 2018 was City of London Investment Management, an estimated $460K sold.
Based on aggregated 13F filings for Q4 2018.