Korea Fund
25 hedge funds and large institutions have $85.8M invested in Korea Fund in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more funds holding
Funds holding: 24 → 25 (+1)
5% more capital invested
Capital invested by funds: $81.7M → $85.8M (+$4.05M)
2.43% less ownership
Funds ownership: 70.99% → 68.56% (-2.4%)
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.27M |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
+$2.83M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.86M |
| 4 |
MAA
Mraz Amerine & Associates
Modesto,
California
|
+$310K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$20.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$5.56M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.56M |
| 3 |
Morgan Stanley
New York
|
-$1.15M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$780K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$434K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LC
26
Lindbrook Capital
Calabasas,
California
| $1.27K | +$1.16K | +50 | New |
|
|
LSC
27
Logan Stone Capital
Chicago,
Illinois
| – | -$780K | -33,325 | Closed |
|
|
AC
28
Almitas Capital
Santa Monica,
California
| – | -$360K | -15,400 | Closed |
|
|
CL
29
CSS LLC
Chicago,
Illinois
| – | -$230K | -9,833 | Closed |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| – | -$74K | -3,161 | Closed |
|
31
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$60.8K | -2,600 | Closed |
|
KF Hedge Fund Activity: Q1 2024 in Review
25 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q1 2024, worth a combined $85.8M — up 5% from $81.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new KF positions and 5 closed out — a net gain of 1 holder — while 2 added to existing stakes and 10 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $3.27M. The largest seller was City of London Investment Management, cutting an estimated $5.56M.
- 25 institutional investors held Korea Fund (KF) as of Q1 2024, up from 24 in Q4 2023.
- Funds reported $85.8M of Korea Fund stock for Q1 2024, up 5% quarter-over-quarter.
- 6 funds opened new Korea Fund positions in Q1 2024 and 5 closed out, a net change of +1 holder.
- The largest Korea Fund buyer in Q1 2024 was Royal Bank of Canada, an estimated $3.27M added.
- The largest Korea Fund seller in Q1 2024 was City of London Investment Management, an estimated $5.56M sold.
Based on aggregated 13F filings for Q1 2024.