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KF

Korea Fund

23 hedge funds and large institutions have $67M invested in Korea Fund in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less funds holding

Funds holding: 2423 (-1)

5.77% less ownership

Funds ownership: 66.76%60.99% (-5.8%)

15% less capital invested

Capital invested by funds: $79.3M → $67M (-$12.2M)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

60% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 10

Holders
23
Holders Change
-1
Holders Change %
-4.17%
% of All Funds
0.33%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
4
Reduced
10
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
$22M -$5.88M -240,527 -20%
Lazard Asset Management
2
Lazard Asset Management
New York
$13.4M -$3.64M -149,034 -20%
1CP
3
1607 Capital Partners
Virginia
$7.65M -$2.12M -86,607 -20%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$6.49M -$2.43M -99,374 -26%
Ohio Public Employees Retirement System (OPERS)
5
Ohio Public Employees Retirement System (OPERS)
Ohio
$6.22M +$6.69M +273,399 New
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$3.78M -$89.8K -3,672 -2%
JC
7
JBF Capital
Colorado
$3.23M
MAA
8
Mraz Amerine & Associates
California
$1.12M +$322K +13,185 +37%
Morgan Stanley
9
Morgan Stanley
New York
$1.12M +$10.9K +445 +0.9%
WAM
10
Wolverine Asset Management
Illinois
$728K +$339K +13,869 +77%
SO
11
STRS Ohio
Ohio
$450K -$113K -4,614 -19%
CL
12
CSS LLC
Illinois
$315K +$338K +13,835 New
SFS
13
Shaker Financial Services
Virginia
$243K -$60.9K -2,489 -19%
Bank of America
14
Bank of America
North Carolina
$82K
Wells Fargo
15
Wells Fargo
California
$29.6K
BBPWM
16
Blue Bell Private Wealth Management
Pennsylvania
$24.8K +$19.3K +790 +263%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$19.8K
Osaic Holdings
18
Osaic Holdings
Arizona
$15.5K -$3.89K -159 -19%
CFFP
19
Center for Financial Planning
Michigan
$11.4K
Carson Wealth (CWM LLC)
20
Carson Wealth (CWM LLC)
Nebraska
$9K
TJHA
21
Thomas J. Herzfeld Advisors
Florida
$7.17K -$1.78K -73 -19%
UBS Group
22
UBS Group
Switzerland
$6.33K -$4.72K -193 -41%
LC
23
Lindbrook Capital
California
$1.14K
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
-$1.41M -58,508 Closed
SCM
25
Saba Capital Management
New York
-$217K -8,997 Closed

KF Hedge Fund Activity: Q3 2024 in Review

23 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Korea Fund (KF) for Q3 2024, worth a combined $67M — down 15% from $79.3M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of KF and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 4 added.

The largest buyer was Ohio Public Employees Retirement System (OPERS), opening a new position worth an estimated $6.69M. The largest seller was City of London Investment Management, cutting an estimated $5.88M.

  • 23 institutional investors held Korea Fund (KF) as of Q3 2024, down from 24 in Q2 2024.
  • Funds reported $67M of Korea Fund stock for Q3 2024, down 15% quarter-over-quarter.
  • 2 funds opened new Korea Fund positions in Q3 2024 and 3 closed out, a net change of -1 holder.
  • The largest Korea Fund buyer in Q3 2024 was Ohio Public Employees Retirement System (OPERS), an estimated $6.69M added.
  • The largest Korea Fund seller in Q3 2024 was City of London Investment Management, an estimated $5.88M sold.

Based on aggregated 13F filings for Q3 2024.