Templeton Dragon Fund
TDF
60 hedge funds and large institutions have $374M invested in Templeton Dragon Fund in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
11% more capital invested
Capital invested by funds: $338M → $374M (+$36.3M)
5% more funds holding
Funds holding: 57 → 60 (+3)
1% more ownership
Funds ownership: 55.74% → 56.74% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$4M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.68M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$869K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$307K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.44M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.89M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$562K |
| 4 |
Lazard Asset Management
New York
|
-$497K |
| 5 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$237K |
TDF Hedge Fund Activity: Q4 2019 in Review
60 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q4 2019, worth a combined $374M — up 11% from $338M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TDF positions and 5 closed out — a net gain of 4 holders — while 14 added to existing stakes and 18 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $4M. The largest seller was Bank of America, cutting an estimated $2.44M.
- 60 institutional investors held Templeton Dragon Fund (TDF) as of Q4 2019, up from 57 in Q3 2019.
- Funds reported $374M of Templeton Dragon Fund stock for Q4 2019, up 11% quarter-over-quarter.
- 9 funds opened new Templeton Dragon Fund positions in Q4 2019 and 5 closed out, a net change of +4 holders.
- The largest Templeton Dragon Fund buyer in Q4 2019 was City of London Investment Management, an estimated $4M added.
- The largest Templeton Dragon Fund seller in Q4 2019 was Bank of America, an estimated $2.44M sold.
Based on aggregated 13F filings for Q4 2019.