Korea Fund
26 hedge funds and large institutions have $162M invested in Korea Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $141M → $162M (+$21.4M)
8% more funds holding
Funds holding: 24 → 26 (+2)
0.33% less ownership
Funds ownership: 63.26% → 62.92% (-0.33%)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.56M |
| 2 |
Citigroup
New York
|
+$1.01M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$974K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$494K |
| 5 |
AGM
Alpine Global Management
New York
|
+$446K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$2.08M |
| 2 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$1.18M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$681K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$481K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$334K |
KF Hedge Fund Activity: Q1 2017 in Review
26 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q1 2017, worth a combined $162M — up 15% from $141M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new KF positions and 4 closed out — a net gain of 2 holders — while 3 added to existing stakes and 9 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $1.56M. The largest seller was Lazard Asset Management, cutting an estimated $2.08M.
- 26 institutional investors held Korea Fund (KF) as of Q1 2017, up from 24 in Q4 2016.
- Funds reported $162M of Korea Fund stock for Q1 2017, up 15% quarter-over-quarter.
- 6 funds opened new Korea Fund positions in Q1 2017 and 4 closed out, a net change of +2 holders.
- The largest Korea Fund buyer in Q1 2017 was Curi RMB Capital, an estimated $1.56M added.
- The largest Korea Fund seller in Q1 2017 was Lazard Asset Management, an estimated $2.08M sold.
Based on aggregated 13F filings for Q1 2017.