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KF

Korea Fund

24 hedge funds and large institutions have $88.3M invested in Korea Fund in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.45% more ownership

Funds ownership: 71.47%71.92% (+0.45%)

11% less funds holding

Funds holding: 2724 (-3)

19% less capital invested

Capital invested by funds: $108M → $88.3M (-$20.2M)

43% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 7

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
24
Holders Change
-3
Holders Change %
-11.11%
% of All Funds
0.4%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
2
Increased
4
Reduced
7
Closed
5
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
$40M -$3.44M -122,339 -7%
Lazard Asset Management
2
Lazard Asset Management
New York
$22.1M +$1.68M +59,712 +7%
1CP
3
1607 Capital Partners
Virginia
$12M +$39.3K +1,400 +0.3%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$7.13M +$45.7K +1,627 +0.6%
Bank of America
5
Bank of America
North Carolina
$2.17M +$1.74M +62,111 +229%
SCM
6
Saba Capital Management
New York
$829K
BFM
7
Boothbay Fund Management
New York
$772K +$890K +31,690 New
BI
8
Bulldog Investors
New Jersey
$772K +$890K +31,690 New
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$708K -$43.3K -1,542 -5%
SO
10
STRS Ohio
Ohio
$594K -$281K -10,000 -29%
SFS
11
Shaker Financial Services
Virginia
$269K
CL
12
CSS LLC
Illinois
$264K
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$255K
MC
14
Matisse Capital
Oregon
$237K
WAM
15
Wolverine Asset Management
Illinois
$106K -$179K -6,380 -59%
Wells Fargo
16
Wells Fargo
California
$32K -$26.2K -934 -41%
Morgan Stanley
17
Morgan Stanley
New York
$25K -$6.49K -231 -18%
UB
18
UMB Bank
Missouri
$13K
CFFP
19
Center for Financial Planning
Michigan
$12K
Rockefeller Capital Management
20
Rockefeller Capital Management
New York
$8K
UBS Group
21
UBS Group
Switzerland
$5K -$6.51K -232 -53%
Osaic Holdings
22
Osaic Holdings
Arizona
$5K
TJHA
23
Thomas J. Herzfeld Advisors
Florida
$3K
RE
24
RBC Europe
United Kingdom
$1K
SCM
25
Segantii Capital Management
Hong Kong
-$475K -15,780 Closed

KF Hedge Fund Activity: Q2 2022 in Review

24 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q2 2022, worth a combined $88.3M — down 19% from $108M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of KF and 2 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 4 added.

The largest buyer was Bank of America, adding an estimated $1.74M. The largest seller was City of London Investment Management, cutting an estimated $3.44M.

  • 24 institutional investors held Korea Fund (KF) as of Q2 2022, down from 27 in Q1 2022.
  • Funds reported $88.3M of Korea Fund stock for Q2 2022, down 19% quarter-over-quarter.
  • 2 funds opened new Korea Fund positions in Q2 2022 and 5 closed out, a net change of -3 holders.
  • The largest Korea Fund buyer in Q2 2022 was Bank of America, an estimated $1.74M added.
  • The largest Korea Fund seller in Q2 2022 was City of London Investment Management, an estimated $3.44M sold.

Based on aggregated 13F filings for Q2 2022.