Templeton Dragon Fund
TDF
54 hedge funds and large institutions have $365M invested in Templeton Dragon Fund in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 9 closing their positions.
1.08% more ownership
Funds ownership: 55.03% → 56.11% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $374M → $365M (-$8.66M)
10% less funds holding
Funds holding: 60 → 54 (-6)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$9.85M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.35M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$490K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$460K |
| 5 |
Walleye Capital
New York
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$1.66M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$775K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$384K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$261K |
| 5 |
Millennium Management
New York
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCA
51
FinTrust Capital Advisors
Greenville,
South Carolina
| $2K | – | – | – |
|
|
HI
52
Hudock Inc
Williamsport,
Pennsylvania
| $2K | – | – | – |
|
|
BWM
53
Baystate Wealth Management
Boston,
Massachusetts
| $2K | +$1.62K | +83 | New |
|
|
WIM
54
Westside Investment Management
Santa Monica,
California
| $50 | +$51.8K | +2,650 | New |
|
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$261K | -13,136 | Closed |
|
|
56
Millennium Management
New York
| – | -$250K | -12,598 | Closed |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$72K | -3,600 | Closed |
|
|
LPC
58
Loeb Partners Corp
New York
| – | -$34K | -1,700 | Closed |
|
|
SWM
59
SeaCrest Wealth Management
Purchase,
New York
| – | -$24K | -1,200 | Closed |
|
|
WAM
60
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$20K | -1,000 | Closed |
|
|
RFC
61
Regions Financial Corp
Birmingham,
Alabama
| – | -$9K | -449 | Closed |
|
|
BCI
62
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$4K | -211 | Closed |
|
TDF Hedge Fund Activity: Q2 2019 in Review
54 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q2 2019, worth a combined $365M — down 2.3% from $374M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TDF and 5 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 10 added.
The largest buyer was Lazard Asset Management, adding an estimated $9.85M. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $1.66M.
- 54 institutional investors held Templeton Dragon Fund (TDF) as of Q2 2019, down from 60 in Q1 2019.
- Funds reported $365M of Templeton Dragon Fund stock for Q2 2019, down 2.3% quarter-over-quarter.
- 5 funds opened new Templeton Dragon Fund positions in Q2 2019 and 9 closed out, a net change of -4 holders.
- The largest Templeton Dragon Fund buyer in Q2 2019 was Lazard Asset Management, an estimated $9.85M added.
- The largest Templeton Dragon Fund seller in Q2 2019 was Ladenburg Thalmann Financial Services, an estimated $1.66M sold.
Based on aggregated 13F filings for Q2 2019.