Templeton Dragon Fund
TDF
69 hedge funds and large institutions have $468M invested in Templeton Dragon Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 27 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
1% more capital invested
Capital invested by funds: $465M → $468M (+$2.89M)
0.5% more ownership
Funds ownership: 47.23% → 47.73% (+0.5%)
5% less funds holding
Funds holding: 73 → 69 (-4)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
26% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$12.3M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$822K |
| 3 |
SG Americas Securities
New York
|
+$749K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$463K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$10.3M |
| 2 |
JP Morgan Chase
New York
|
-$1.28M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.28M |
| 4 |
Morgan Stanley
New York
|
-$1M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$689K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
76
Huntington National Bank
Columbus,
Ohio
| – | -$4K | -157 | Closed |
|
77
M&T Bank
Buffalo,
New York
| – | -$3K | -100 | Closed |
|
|
FANJ
78
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$3K | -98 | Closed |
|
TDF Hedge Fund Activity: Q4 2013 in Review
69 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q4 2013, worth a combined $468M — up 0.62% from $465M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TDF and 7 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 20 added.
The largest buyer was Lazard Asset Management, adding an estimated $12.3M. The largest seller was City of London Investment Management, cutting an estimated $10.3M.
- 69 institutional investors held Templeton Dragon Fund (TDF) as of Q4 2013, down from 73 in Q3 2013.
- Funds reported $468M of Templeton Dragon Fund stock for Q4 2013, up 0.62% quarter-over-quarter.
- 7 funds opened new Templeton Dragon Fund positions in Q4 2013 and 9 closed out, a net change of -2 holders.
- The largest Templeton Dragon Fund buyer in Q4 2013 was Lazard Asset Management, an estimated $12.3M added.
- The largest Templeton Dragon Fund seller in Q4 2013 was City of London Investment Management, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2013.