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KF

Korea Fund

28 hedge funds and large institutions have $126M invested in Korea Fund in 2021 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

22% more funds holding

Funds holding: 2328 (+5)

0.2% less ownership

Funds ownership: 73.31%73.11% (-0.2%)

17% less capital invested

Capital invested by funds: $151M → $126M (-$25.1M)

75% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 8

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
28
Holders Change
+5
Holders Change %
+21.74%
% of All Funds
0.43%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
7
Increased
2
Reduced
8
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
COLIM
1
City of London Investment Management
United Kingdom
$62.8M
Lazard Asset Management
2
Lazard Asset Management
New York
$29.1M +$685K +17,156 +2%
1CP
3
1607 Capital Partners
Virginia
$16.9M -$1.37M -34,231 -7%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$9.62M +$11.2M +279,731 New
SO
5
STRS Ohio
Ohio
$1.18M
SCM
6
Saba Capital Management
New York
$1.17M
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$1.06M -$19.7K -492 -2%
Bank of America
8
Bank of America
North Carolina
$845K +$22.2K +556 +2%
SCM
9
Segantii Capital Management
Hong Kong
$725K +$842K +21,080 New
CL
10
CSS LLC
Illinois
$688K
CA
11
Cornerstone Advisors
North Carolina
$463K -$180K -4,500 -25%
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$361K
MC
13
Matisse Capital
Oregon
$334K +$388K +9,718 New
SKK
14
Shepherd Kaplan Krochuk
Massachusetts
$240K
SFS
15
Shaker Financial Services
Virginia
$202K -$143K -3,582 -38%
Morgan Stanley
16
Morgan Stanley
New York
$136K -$22.9K -574 -13%
WAM
17
Wolverine Asset Management
Illinois
$106K -$762K -19,081 -86%
Wells Fargo
18
Wells Fargo
California
$95K -$10.9M -273,986 -99%
TWC
19
TD Waterhouse Canada
Ontario, Canada
$24.2K +$28K +700 New
UB
20
UMB Bank
Missouri
$19K +$21.6K +541 New
CFFP
21
Center for Financial Planning
Michigan
$17K
UBS Group
22
UBS Group
Switzerland
$14K -$37.4K -937 -69%
QC
23
Quent Capital
New York
$11K +$13.1K +328 New
Osaic Holdings
24
Osaic Holdings
Arizona
$10K
Rockefeller Capital Management
25
Rockefeller Capital Management
New York
$9K

KF Hedge Fund Activity: Q4 2021 in Review

28 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q4 2021, worth a combined $126M — down 17% from $151M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new KF positions and 2 closed out — a net gain of 5 holders — while 2 added to existing stakes and 8 trimmed.

The largest buyer was Segantii Capital Management, opening a new position worth an estimated $842K. The largest seller was Wells Fargo, cutting an estimated $10.9M.

  • 28 institutional investors held Korea Fund (KF) as of Q4 2021, up from 23 in Q3 2021.
  • Funds reported $126M of Korea Fund stock for Q4 2021, down 17% quarter-over-quarter.
  • 7 funds opened new Korea Fund positions in Q4 2021 and 2 closed out, a net change of +5 holders.
  • The largest Korea Fund buyer in Q4 2021 was Segantii Capital Management, an estimated $842K added.
  • The largest Korea Fund seller in Q4 2021 was Wells Fargo, an estimated $10.9M sold.

Based on aggregated 13F filings for Q4 2021.