Korea Fund
24 hedge funds and large institutions have $152M invested in Korea Fund in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 12 reducing their positions, and 5 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.92% less ownership
Funds ownership: 62.92% → 58% (-4.9%)
6% less capital invested
Capital invested by funds: $162M → $152M (-$10.2M)
8% less funds holding
Funds holding: 26 → 24 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
83% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.06M |
| 2 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$890K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$511K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$47.7K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$3.92K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$14.4M |
| 2 |
Lazard Asset Management
New York
|
-$4.56M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.79M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.43M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.22M |
KF Hedge Fund Activity: Q2 2017 in Review
24 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q2 2017, worth a combined $152M — down 6.3% from $162M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of KF and 3 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 2 added.
The largest buyer was Gramercy Funds Management, adding an estimated $1.06M. The largest seller was City of London Investment Management, cutting an estimated $14.4M.
- 24 institutional investors held Korea Fund (KF) as of Q2 2017, down from 26 in Q1 2017.
- Funds reported $152M of Korea Fund stock for Q2 2017, down 6.3% quarter-over-quarter.
- 3 funds opened new Korea Fund positions in Q2 2017 and 5 closed out, a net change of -2 holders.
- The largest Korea Fund buyer in Q2 2017 was Gramercy Funds Management, an estimated $1.06M added.
- The largest Korea Fund seller in Q2 2017 was City of London Investment Management, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2017.