Templeton Dragon Fund
TDF
68 hedge funds and large institutions have $442M invested in Templeton Dragon Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 10 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.12% less ownership
Funds ownership: 47.73% → 47.61% (-0.12%)
1% less funds holding
Funds holding: 69 → 68 (-1)
6% less capital invested
Capital invested by funds: $468M → $442M (-$26M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.04M |
| 2 |
Morgan Stanley
New York
|
+$1.52M |
| 3 |
WJA
Williams Jones & Associates
New York
|
+$1.2M |
| 4 |
Lazard Asset Management
New York
|
+$738K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$587K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.57M |
| 2 |
HHMI
Howard Hughes Medical Institute
Chevy Chase,
Maryland
|
-$906K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$797K |
| 4 |
SG Americas Securities
New York
|
-$726K |
| 5 |
CC
Cornerstone Capital
Palo Alto,
California
|
-$516K |
TDF Hedge Fund Activity: Q1 2014 in Review
68 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q1 2014, worth a combined $442M — down 5.6% from $468M a quarter earlier.
Fund positioning in TDF was balanced in Q1 2014: 10 funds opened new positions, 10 closed out, 25 added to existing stakes and 19 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.04M. The largest seller was City of London Investment Management, cutting an estimated $3.57M.
- 68 institutional investors held Templeton Dragon Fund (TDF) as of Q1 2014, down from 69 in Q4 2013.
- Funds reported $442M of Templeton Dragon Fund stock for Q1 2014, down 5.6% quarter-over-quarter.
- 10 funds opened new Templeton Dragon Fund positions in Q1 2014 and 10 closed out, a net change of 0 holders.
- The largest Templeton Dragon Fund buyer in Q1 2014 was Wells Fargo, an estimated $2.04M added.
- The largest Templeton Dragon Fund seller in Q1 2014 was City of London Investment Management, an estimated $3.57M sold.
Based on aggregated 13F filings for Q1 2014.