Latin American Discovery Fund
LDF was delisted on the 16th of November, 2018.
19 hedge funds and large institutions have $47M invested in Latin American Discovery Fund in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
13% more capital invested
Capital invested by funds: $41.5M → $47M (+$5.48M)
10% less funds holding
Funds holding: 21 → 19 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.02M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$354K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$155K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$130K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$1.81M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$168K |
| 3 |
APFBOT
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
|
-$148K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$147K |
| 5 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$50.1K |
LDF Hedge Fund Activity: Q3 2017 in Review
19 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Latin American Discovery Fund (LDF) for Q3 2017, worth a combined $47M — up 13% from $41.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LDF and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 10 added.
The largest buyer was Matisse Capital, adding an estimated $1.02M. The largest seller was Amica Mutual Insurance, exiting entirely with an estimated $1.81M sold.
- 19 institutional investors held Latin American Discovery Fund (LDF) as of Q3 2017, down from 21 in Q2 2017.
- Funds reported $47M of Latin American Discovery Fund stock for Q3 2017, up 13% quarter-over-quarter.
- 2 funds opened new Latin American Discovery Fund positions in Q3 2017 and 4 closed out, a net change of -2 holders.
- The largest Latin American Discovery Fund buyer in Q3 2017 was Matisse Capital, an estimated $1.02M added.
- The largest Latin American Discovery Fund seller in Q3 2017 was Amica Mutual Insurance, an estimated $1.81M sold.
Based on aggregated 13F filings for Q3 2017.