Templeton Dragon Fund
TDF
77 hedge funds and large institutions have $430M invested in Templeton Dragon Fund in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
5% more funds holding
Funds holding: 73 → 77 (+4)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
3% more capital invested
Capital invested by funds: $419M → $430M (+$11.4M)
0.25% less ownership
Funds ownership: 56.74% → 56.49% (-0.25%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.27M |
| 2 |
Morgan Stanley
New York
|
+$1.99M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.94M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.17M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$9.55M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$2.71M |
| 3 |
FRM
Foundation Resource Management
Little Rock,
Arkansas
|
-$817K |
| 4 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
-$604K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$409K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GFM
76
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$2.71M | -126,207 | Closed |
|
|
BFM
77
Boothbay Fund Management
New York
| – | -$409K | -19,000 | Closed |
|
|
ACM
78
AlphaStar Capital Management
Cornelius,
North Carolina
| – | -$398K | -18,501 | Closed |
|
79
Bank of New York Mellon
New York
| – | -$223K | -10,392 | Closed |
|
80
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$200K | -9,310 | Closed |
|
|
EWM
81
Evercore Wealth Management
New York
| – | -$65K | -3,000 | Closed |
|
|
PCG
82
Private Capital Group
West Hartford,
Connecticut
| – | +$342 | +15 | New |
|
83
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | +$456 | +20 | New |
|
TDF Hedge Fund Activity: Q1 2018 in Review
77 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q1 2018, worth a combined $430M — up 2.7% from $419M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TDF positions and 6 closed out — a net gain of 4 holders — while 23 added to existing stakes and 21 trimmed.
The largest buyer was Bank of America, adding an estimated $2.27M. The largest seller was Lazard Asset Management, cutting an estimated $9.55M.
- 77 institutional investors held Templeton Dragon Fund (TDF) as of Q1 2018, up from 73 in Q4 2017.
- Funds reported $430M of Templeton Dragon Fund stock for Q1 2018, up 2.7% quarter-over-quarter.
- 10 funds opened new Templeton Dragon Fund positions in Q1 2018 and 6 closed out, a net change of +4 holders.
- The largest Templeton Dragon Fund buyer in Q1 2018 was Bank of America, an estimated $2.27M added.
- The largest Templeton Dragon Fund seller in Q1 2018 was Lazard Asset Management, an estimated $9.55M sold.
Based on aggregated 13F filings for Q1 2018.