Templeton Dragon Fund
TDF
61 hedge funds and large institutions have $444M invested in Templeton Dragon Fund in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
3% more funds holding
Funds holding: 59 → 61 (+2)
1.17% more ownership
Funds ownership: 50.7% → 51.86% (+1.2%)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
5% less capital invested
Capital invested by funds: $466M → $444M (-$21.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$9.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.01M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
+$3.11M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.87M |
| 5 |
SG Americas Securities
New York
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$13.2M |
| 2 |
ZA
Zweig Advisers
Hartford,
Connecticut
|
-$1.13M |
| 3 |
CC
Cornerstone Capital
Palo Alto,
California
|
-$484K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$430K |
| 5 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$303K |
TDF Hedge Fund Activity: Q4 2014 in Review
61 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q4 2014, worth a combined $444M — down 4.7% from $466M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TDF positions and 4 closed out — a net gain of 5 holders — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $9.9M. The largest seller was Lazard Asset Management, cutting an estimated $13.2M.
- 61 institutional investors held Templeton Dragon Fund (TDF) as of Q4 2014, up from 59 in Q3 2014.
- Funds reported $444M of Templeton Dragon Fund stock for Q4 2014, down 4.7% quarter-over-quarter.
- 9 funds opened new Templeton Dragon Fund positions in Q4 2014 and 4 closed out, a net change of +5 holders.
- The largest Templeton Dragon Fund buyer in Q4 2014 was Weiss Asset Management, an estimated $9.9M added.
- The largest Templeton Dragon Fund seller in Q4 2014 was Lazard Asset Management, an estimated $13.2M sold.
Based on aggregated 13F filings for Q4 2014.