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KF

Korea Fund

24 hedge funds and large institutions have $79.3M invested in Korea Fund in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

1.8% less ownership

Funds ownership: 68.56%66.76% (-1.8%)

4% less funds holding

Funds holding: 2524 (-1)

8% less capital invested

Capital invested by funds: $85.8M → $79.3M (-$6.52M)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
24
Holders Change
-1
Holders Change %
-4%
% of All Funds
0.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
8
Reduced
7
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
$29.2M -$1.4M -58,282 -5%
Lazard Asset Management
2
Lazard Asset Management
New York
$17.8M -$257K -10,715 -1%
1CP
3
1607 Capital Partners
Virginia
$10.2M -$282K -11,758 -3%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$9.28M
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$4.1M +$14.2K +591 +0.3%
JC
6
JBF Capital
Colorado
$3.43M +$479K +20,000 +16%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$1.41M -$521K -21,750 -27%
Morgan Stanley
8
Morgan Stanley
New York
$1.18M +$21K +878 +2%
MAA
9
Mraz Amerine & Associates
California
$869K +$543K +22,675 +170%
SO
10
STRS Ohio
Ohio
$589K
WAM
11
Wolverine Asset Management
Illinois
$437K +$434K +18,125 New
SFS
12
Shaker Financial Services
Virginia
$318K +$9.94K +415 +3%
SCM
13
Saba Capital Management
New York
$217K -$196K -8,199 -48%
Bank of America
14
Bank of America
North Carolina
$86.9K -$14K -583 -14%
Wells Fargo
15
Wells Fargo
California
$31.4K +$17.3K +721 +124%
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$21K
Osaic Holdings
17
Osaic Holdings
Arizona
$20.3K +$15K +628 +298%
CFFP
18
Center for Financial Planning
Michigan
$12.1K
UBS Group
19
UBS Group
Switzerland
$11.4K +$7.69K +321 +214%
Carson Wealth (CWM LLC)
20
Carson Wealth (CWM LLC)
Nebraska
$10K
TJHA
21
Thomas J. Herzfeld Advisors
Florida
$9.36K
BBPWM
22
Blue Bell Private Wealth Management
Pennsylvania
$7.24K -$13.6K -568 -65%
PMFA
23
Plante Moran Financial Advisors
Michigan
$2.05K +$2.04K +85 New
LC
24
Lindbrook Capital
California
$1.21K
MC
25
Matisse Capital
Oregon
-$477K -18,760 Closed

KF Hedge Fund Activity: Q2 2024 in Review

24 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q2 2024, worth a combined $79.3M — down 7.6% from $85.8M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of KF and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 8 added.

The largest buyer was Mraz Amerine & Associates, adding an estimated $543K. The largest seller was City of London Investment Management, cutting an estimated $1.4M.

  • 24 institutional investors held Korea Fund (KF) as of Q2 2024, down from 25 in Q1 2024.
  • Funds reported $79.3M of Korea Fund stock for Q2 2024, down 7.6% quarter-over-quarter.
  • 2 funds opened new Korea Fund positions in Q2 2024 and 3 closed out, a net change of -1 holder.
  • The largest Korea Fund buyer in Q2 2024 was Mraz Amerine & Associates, an estimated $543K added.
  • The largest Korea Fund seller in Q2 2024 was City of London Investment Management, an estimated $1.4M sold.

Based on aggregated 13F filings for Q2 2024.