Templeton Dragon Fund
TDF
61 hedge funds and large institutions have $320M invested in Templeton Dragon Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 24 reducing their positions, and 8 closing their positions.
1.7% more ownership
Funds ownership: 54.63% → 56.33% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $333M → $320M (-$13.4M)
5% less funds holding
Funds holding: 64 → 61 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
50% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$13M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.09M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.77M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.1M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$716K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.31M |
| 2 |
Lazard Asset Management
New York
|
-$1.74M |
| 3 |
Morgan Stanley
New York
|
-$1.27M |
| 4 |
Citigroup
New York
|
-$1.1M |
| 5 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$465K |
TDF Hedge Fund Activity: Q4 2016 in Review
61 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q4 2016, worth a combined $320M — down 4% from $333M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TDF and 6 opened new positions — a net loss of 2 holders — while 24 trimmed existing stakes and 12 added.
The largest buyer was City of London Investment Management, adding an estimated $13M. The largest seller was Bank of America, cutting an estimated $2.31M.
- 61 institutional investors held Templeton Dragon Fund (TDF) as of Q4 2016, down from 64 in Q3 2016.
- Funds reported $320M of Templeton Dragon Fund stock for Q4 2016, down 4% quarter-over-quarter.
- 6 funds opened new Templeton Dragon Fund positions in Q4 2016 and 8 closed out, a net change of -2 holders.
- The largest Templeton Dragon Fund buyer in Q4 2016 was City of London Investment Management, an estimated $13M added.
- The largest Templeton Dragon Fund seller in Q4 2016 was Bank of America, an estimated $2.31M sold.
Based on aggregated 13F filings for Q4 2016.