Templeton Dragon Fund
TDF
60 hedge funds and large institutions have $374M invested in Templeton Dragon Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 17 reducing their positions, and 8 closing their positions.
18% more capital invested
Capital invested by funds: $316M → $374M (+$57.9M)
0.59% more ownership
Funds ownership: 54.44% → 55.03% (+0.59%)
6% less funds holding
Funds holding: 64 → 60 (-4)
12% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 17
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$10.6M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.53M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.27M |
| 4 |
Morgan Stanley
New York
|
+$740K |
| 5 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
+$613K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
-$8.05M |
| 2 |
Lazard Asset Management
New York
|
-$1.13M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$505K |
| 4 |
NSAM
North Star Asset Management
Neenah,
Wisconsin
|
-$455K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$385K |
TDF Hedge Fund Activity: Q1 2019 in Review
60 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q1 2019, worth a combined $374M — up 18% from $316M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TDF and 6 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 15 added.
The largest buyer was City of London Investment Management, adding an estimated $10.6M. The largest seller was Arlington Financial Advisors, exiting entirely with an estimated $8.05M sold.
- 60 institutional investors held Templeton Dragon Fund (TDF) as of Q1 2019, down from 64 in Q4 2018.
- Funds reported $374M of Templeton Dragon Fund stock for Q1 2019, up 18% quarter-over-quarter.
- 6 funds opened new Templeton Dragon Fund positions in Q1 2019 and 8 closed out, a net change of -2 holders.
- The largest Templeton Dragon Fund buyer in Q1 2019 was City of London Investment Management, an estimated $10.6M added.
- The largest Templeton Dragon Fund seller in Q1 2019 was Arlington Financial Advisors, an estimated $8.05M sold.
Based on aggregated 13F filings for Q1 2019.