Templeton Dragon Fund
TDF
73 hedge funds and large institutions have $465M invested in Templeton Dragon Fund in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 7 closing their positions.
6% more capital invested
Capital invested by funds: $440M → $465M (+$24.9M)
1.09% more ownership
Funds ownership: 46.14% → 47.23% (+1.1%)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 76 → 73 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$13.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.03M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$657K |
| 5 |
SI
SII Investments
Appleton,
Wisconsin
|
+$505K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$4.33M |
| 2 |
Morgan Stanley
New York
|
-$2.78M |
| 3 |
JP Morgan Chase
New York
|
-$1.75M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.24M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$569K |
TDF Hedge Fund Activity: Q3 2013 in Review
73 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q3 2013, worth a combined $465M — up 5.7% from $440M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TDF and 4 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 23 added.
The largest buyer was Lazard Asset Management, adding an estimated $13.5M. The largest seller was City of London Investment Management, cutting an estimated $4.33M.
- 73 institutional investors held Templeton Dragon Fund (TDF) as of Q3 2013, down from 76 in Q2 2013.
- Funds reported $465M of Templeton Dragon Fund stock for Q3 2013, up 5.7% quarter-over-quarter.
- 4 funds opened new Templeton Dragon Fund positions in Q3 2013 and 7 closed out, a net change of -3 holders.
- The largest Templeton Dragon Fund buyer in Q3 2013 was Lazard Asset Management, an estimated $13.5M added.
- The largest Templeton Dragon Fund seller in Q3 2013 was City of London Investment Management, an estimated $4.33M sold.
Based on aggregated 13F filings for Q3 2013.