Templeton Dragon Fund
TDF
73 hedge funds and large institutions have $419M invested in Templeton Dragon Fund in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
18% more funds holding
Funds holding: 62 → 73 (+11)
7% more capital invested
Capital invested by funds: $393M → $419M (+$26.2M)
1.63% more ownership
Funds ownership: 55.11% → 56.74% (+1.6%)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$5.35M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$5.04M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.15M |
| 4 |
Morgan Stanley
New York
|
+$586K |
| 5 |
Millennium Management
New York
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$13M |
| 2 |
SI
SII Investments
Appleton,
Wisconsin
|
-$6.56M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
-$1.92M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$512K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$510K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
76
Virtu Financial
New York
| – | -$436K | -20,976 | Closed |
|
77
Citadel Advisors
Miami,
Florida
| – | -$423K | -20,348 | Closed |
|
|
SFS
78
Shaker Financial Services
Arlington,
Virginia
| – | -$225K | -10,841 | Closed |
|
79
Citigroup
New York
| – | -$17K | -800 | Closed |
|
|
NSIM
80
North Star Investment Management
Chicago,
Illinois
| – | -$9K | -450 | Closed |
|
|
WAP
81
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$2K | -100 | Closed |
|
82
SEI Investments
Oaks,
Pennsylvania
| – | +$214 | +10 | New |
|
TDF Hedge Fund Activity: Q4 2017 in Review
73 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q4 2017, worth a combined $419M — up 6.7% from $393M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TDF positions and 10 closed out — a net gain of 11 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $5.35M. The largest seller was Lazard Asset Management, cutting an estimated $13M.
- 73 institutional investors held Templeton Dragon Fund (TDF) as of Q4 2017, up from 62 in Q3 2017.
- Funds reported $419M of Templeton Dragon Fund stock for Q4 2017, up 6.7% quarter-over-quarter.
- 21 funds opened new Templeton Dragon Fund positions in Q4 2017 and 10 closed out, a net change of +11 holders.
- The largest Templeton Dragon Fund buyer in Q4 2017 was Cornerstone Advisors, an estimated $5.35M added.
- The largest Templeton Dragon Fund seller in Q4 2017 was Lazard Asset Management, an estimated $13M sold.
Based on aggregated 13F filings for Q4 2017.