Korea Fund
23 hedge funds and large institutions have $151M invested in Korea Fund in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 3 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
0.6% more ownership
Funds ownership: 72.71% → 73.31% (+0.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 24 → 23 (-1)
11% less capital invested
Capital invested by funds: $169M → $151M (-$18.1M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.49M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$964K |
| 3 |
Lazard Asset Management
New York
|
+$763K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$462K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$96.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$834K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$810K |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
-$214K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$208K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$114K |
KF Hedge Fund Activity: Q3 2021 in Review
23 of the 5,729 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q3 2021, worth a combined $151M — down 11% from $169M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of KF and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 7 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.49M. The largest seller was City of London Investment Management, cutting an estimated $834K.
- 23 institutional investors held Korea Fund (KF) as of Q3 2021, down from 24 in Q2 2021.
- Funds reported $151M of Korea Fund stock for Q3 2021, down 11% quarter-over-quarter.
- 2 funds opened new Korea Fund positions in Q3 2021 and 3 closed out, a net change of -1 holder.
- The largest Korea Fund buyer in Q3 2021 was Saba Capital Management, an estimated $1.49M added.
- The largest Korea Fund seller in Q3 2021 was City of London Investment Management, an estimated $834K sold.
Based on aggregated 13F filings for Q3 2021.