Templeton Dragon Fund
TDF
75 hedge funds and large institutions have $421M invested in Templeton Dragon Fund in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 7 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
1.45% more ownership
Funds ownership: 56.49% → 57.94% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $430M → $421M (-$8.97M)
3% less funds holding
Funds holding: 77 → 75 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$6.35M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.42M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
+$2.12M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.71M |
| 5 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
+$657K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.39M |
| 2 |
Lazard Asset Management
New York
|
-$1.73M |
| 3 |
Morgan Stanley
New York
|
-$1.61M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.2M |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$461K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$2.39M | -107,274 | Closed |
|
|
CC
77
Cornerstone Capital
Palo Alto,
California
| – | -$294K | -13,208 | Closed |
|
|
SWP
78
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$26K | -1,150 | Closed |
|
|
IWM
79
IHT Wealth Management
Chicago,
Illinois
| – | -$14K | -622 | Closed |
|
|
CT
80
CPF Texas
Plano,
Texas
| – | -$7K | -334 | Closed |
|
TDF Hedge Fund Activity: Q2 2018 in Review
75 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q2 2018, worth a combined $421M — down 2.1% from $430M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TDF and 5 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 23 added.
The largest buyer was City of London Investment Management, adding an estimated $6.35M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $2.39M sold.
- 75 institutional investors held Templeton Dragon Fund (TDF) as of Q2 2018, down from 77 in Q1 2018.
- Funds reported $421M of Templeton Dragon Fund stock for Q2 2018, down 2.1% quarter-over-quarter.
- 5 funds opened new Templeton Dragon Fund positions in Q2 2018 and 7 closed out, a net change of -2 holders.
- The largest Templeton Dragon Fund buyer in Q2 2018 was City of London Investment Management, an estimated $6.35M added.
- The largest Templeton Dragon Fund seller in Q2 2018 was Cambridge Investment Research Advisors, an estimated $2.39M sold.
Based on aggregated 13F filings for Q2 2018.