Korea Fund
24 hedge funds and large institutions have $141M invested in Korea Fund in 2016 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 6 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.38% less ownership
Funds ownership: 67.64% → 63.26% (-4.4%)
17% less capital invested
Capital invested by funds: $170M → $141M (-$29.6M)
20% less funds holding
Funds holding: 30 → 24 (-6)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
+$413K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$387K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$28.4K |
| 4 |
APFBOT
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
|
+$28.2K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$23.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$6.96M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.44M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.33M |
| 4 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$573K |
| 5 |
Citigroup
New York
|
-$493K |
KF Hedge Fund Activity: Q4 2016 in Review
24 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q4 2016, worth a combined $141M — down 17% from $170M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of KF and 0 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Amica Mutual Insurance, adding an estimated $413K. The largest seller was Aberdeen Asset Management, exiting entirely with an estimated $6.96M sold.
- 24 institutional investors held Korea Fund (KF) as of Q4 2016, down from 30 in Q3 2016.
- Funds reported $141M of Korea Fund stock for Q4 2016, down 17% quarter-over-quarter.
- 0 funds opened new Korea Fund positions in Q4 2016 and 6 closed out, a net change of -6 holders.
- The largest Korea Fund buyer in Q4 2016 was Amica Mutual Insurance, an estimated $413K added.
- The largest Korea Fund seller in Q4 2016 was Aberdeen Asset Management, an estimated $6.96M sold.
Based on aggregated 13F filings for Q4 2016.