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KF

Korea Fund

24 hedge funds and large institutions have $81.7M invested in Korea Fund in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 4

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

11% more capital invested

Capital invested by funds: $73.4M → $81.7M (+$8.34M)

4% more funds holding

Funds holding: 2324 (+1)

0.06% more ownership

Funds ownership: 70.92%70.99% (+0.06%)

Holders
24
Holders Change
+1
Holders Change %
+4.35%
% of All Funds
0.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
9
Reduced
4
Closed
3
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
$35.3M -$3.78M -178,193 -11%
Lazard Asset Management
2
Lazard Asset Management
New York
$17.5M +$861K +40,656 +6%
1CP
3
1607 Capital Partners
Virginia
$10.6M +$113K +5,316 +1%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$9.44M -$780K -36,827 -8%
Morgan Stanley
5
Morgan Stanley
New York
$2.28M +$712K +33,610 +53%
MC
6
Matisse Capital
Oregon
$2.01M +$1.82M +86,005 New
LSC
7
Logan Stone Capital
Illinois
$780K +$706K +33,325 New
SCM
8
Saba Capital Management
New York
$777K +$147K +6,940 +26%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$664K
SO
10
STRS Ohio
Ohio
$571K
AC
11
Almitas Capital
California
$360K +$326K +15,400 New
LPL Financial
12
LPL Financial
California
$337K +$43.3K +2,045 +17%
SFS
13
Shaker Financial Services
Virginia
$298K
LCM
14
Landscape Capital Management
New Jersey
$280K +$254K +11,965 New
CL
15
CSS LLC
Illinois
$230K
Bank of America
16
Bank of America
North Carolina
$104K +$40.4K +1,905 +75%
WAM
17
Wolverine Asset Management
Illinois
$74K -$179K -8,426 -73%
Qube Research & Technologies (QRT)
18
Qube Research & Technologies (QRT)
United Kingdom
$60.8K
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$20.4K -$203K -9,600 -92%
UBS Group
20
UBS Group
Switzerland
$12.2K +$7.71K +364 +233%
CFFP
21
Center for Financial Planning
Michigan
$11.7K
Wells Fargo
22
Wells Fargo
California
$9.38K +$21 +1 +0.3%
TJHA
23
Thomas J. Herzfeld Advisors
Florida
$9.08K +$1.27K +60 +18%
Osaic Holdings
24
Osaic Holdings
Arizona
$4.94K
HNB
25
Huntington National Bank
Ohio
$1.71K

KF Hedge Fund Activity: Q4 2023 in Review

24 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q4 2023, worth a combined $81.7M — up 11% from $73.4M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new KF positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 4 trimmed.

The largest buyer was Matisse Capital, opening a new position worth an estimated $1.82M. The largest seller was City of London Investment Management, cutting an estimated $3.78M.

  • 24 institutional investors held Korea Fund (KF) as of Q4 2023, up from 23 in Q3 2023.
  • Funds reported $81.7M of Korea Fund stock for Q4 2023, up 11% quarter-over-quarter.
  • 4 funds opened new Korea Fund positions in Q4 2023 and 3 closed out, a net change of +1 holder.
  • The largest Korea Fund buyer in Q4 2023 was Matisse Capital, an estimated $1.82M added.
  • The largest Korea Fund seller in Q4 2023 was City of London Investment Management, an estimated $3.78M sold.

Based on aggregated 13F filings for Q4 2023.