Templeton Dragon Fund
TDF
48 hedge funds and large institutions have $440M invested in Templeton Dragon Fund in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 15 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
7% more capital invested
Capital invested by funds: $411M → $440M (+$28.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.87% less ownership
Funds ownership: 60.25% → 59.38% (-0.87%)
19% less funds holding
Funds holding: 59 → 48 (-11)
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$2.44M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.11M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$487K |
| 4 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$287K |
| 5 |
Morgan Stanley
New York
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$6.5M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.77M |
| 3 |
Walleye Capital
New York
|
-$585K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$568K |
| 5 |
Lazard Asset Management
New York
|
-$471K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$568K | -28,135 | Closed |
|
|
RIL
52
Rothschild Investment LLC
Chicago,
Illinois
| – | -$375K | -18,590 | Closed |
|
53
Walleye Trading
New York
| – | -$294K | -14,565 | Closed |
|
|
RIM
54
Regent Investment Management
Louisville,
Kentucky
| – | -$232K | -11,500 | Closed |
|
|
WAM
55
Wolverine Asset Management
Chicago,
Illinois
| – | -$134K | -6,653 | Closed |
|
|
PAG
56
Private Advisor Group
Morristown,
New Jersey
| – | -$110K | -5,443 | Closed |
|
|
CAN
57
Cetera Advisor Networks
El Segundo,
California
| – | -$80K | -3,950 | Closed |
|
58
BlackRock
New York
| – | -$42K | -2,075 | Closed |
|
|
BBPWM
59
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$40K | -1,874 | Closed |
|
|
FA
60
Financial Advantage
Columbia,
Maryland
| – | -$15K | -748 | Closed |
|
|
CTC
61
Central Trust Company
Jefferson City,
Missouri
| – | -$5K | -260 | Closed |
|
|
SF
62
Synovus Financial
Columbus,
Georgia
| – | -$5K | -239 | Closed |
|
|
FANJ
63
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$2K | -98 | Closed |
|
TDF Hedge Fund Activity: Q3 2020 in Review
48 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q3 2020, worth a combined $440M — up 7% from $411M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TDF and 4 opened new positions — a net loss of 11 holders — while 10 trimmed existing stakes and 15 added.
The largest buyer was Matisse Capital, adding an estimated $2.44M. The largest seller was City of London Investment Management, cutting an estimated $6.5M.
- 48 institutional investors held Templeton Dragon Fund (TDF) as of Q3 2020, down from 59 in Q2 2020.
- Funds reported $440M of Templeton Dragon Fund stock for Q3 2020, up 7% quarter-over-quarter.
- 4 funds opened new Templeton Dragon Fund positions in Q3 2020 and 15 closed out, a net change of -11 holders.
- The largest Templeton Dragon Fund buyer in Q3 2020 was Matisse Capital, an estimated $2.44M added.
- The largest Templeton Dragon Fund seller in Q3 2020 was City of London Investment Management, an estimated $6.5M sold.
Based on aggregated 13F filings for Q3 2020.