Templeton Dragon Fund
TDF
59 hedge funds and large institutions have $370M invested in Templeton Dragon Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 8 closing their positions.
15% more capital invested
Capital invested by funds: $320M → $370M (+$49.5M)
0.43% more ownership
Funds ownership: 56.33% → 56.76% (+0.43%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 61 → 59 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
26% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$10.3M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.23M |
| 3 |
SI
SII Investments
Appleton,
Wisconsin
|
+$1.01M |
| 4 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$875K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$869K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.45M |
| 2 |
Citigroup
New York
|
-$1.09M |
| 3 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$808K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$764K |
| 5 |
APFBOT
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
|
-$546K |
TDF Hedge Fund Activity: Q1 2017 in Review
59 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q1 2017, worth a combined $370M — up 15% from $320M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TDF and 7 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 17 added.
The largest buyer was Lazard Asset Management, adding an estimated $10.3M. The largest seller was Wells Fargo, cutting an estimated $7.45M.
- 59 institutional investors held Templeton Dragon Fund (TDF) as of Q1 2017, down from 61 in Q4 2016.
- Funds reported $370M of Templeton Dragon Fund stock for Q1 2017, up 15% quarter-over-quarter.
- 7 funds opened new Templeton Dragon Fund positions in Q1 2017 and 8 closed out, a net change of -1 holder.
- The largest Templeton Dragon Fund buyer in Q1 2017 was Lazard Asset Management, an estimated $10.3M added.
- The largest Templeton Dragon Fund seller in Q1 2017 was Wells Fargo, an estimated $7.45M sold.
Based on aggregated 13F filings for Q1 2017.