Latin American Discovery Fund
LDF was delisted on the 16th of November, 2018.
17 hedge funds and large institutions have $43.5M invested in Latin American Discovery Fund in 2017 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 2 closing their positions.
7% less capital invested
Capital invested by funds: $47M → $43.5M (-$3.48M)
11% less funds holding
Funds holding: 19 → 17 (-2)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$241K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$122K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$18.1K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$13.9K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$4.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$907K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$135K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$124K |
| 4 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$99.7K |
| 5 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$86.2K |
LDF Hedge Fund Activity: Q4 2017 in Review
17 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Latin American Discovery Fund (LDF) for Q4 2017, worth a combined $43.5M — down 7.4% from $47M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of LDF and 0 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was City of London Investment Management, adding an estimated $241K. The largest seller was Lazard Asset Management, cutting an estimated $907K.
- 17 institutional investors held Latin American Discovery Fund (LDF) as of Q4 2017, down from 19 in Q3 2017.
- Funds reported $43.5M of Latin American Discovery Fund stock for Q4 2017, down 7.4% quarter-over-quarter.
- 0 funds opened new Latin American Discovery Fund positions in Q4 2017 and 2 closed out, a net change of -2 holders.
- The largest Latin American Discovery Fund buyer in Q4 2017 was City of London Investment Management, an estimated $241K added.
- The largest Latin American Discovery Fund seller in Q4 2017 was Lazard Asset Management, an estimated $907K sold.
Based on aggregated 13F filings for Q4 2017.