Templeton Dragon Fund
TDF
64 hedge funds and large institutions have $338M invested in Templeton Dragon Fund in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
7% more funds holding
Funds holding: 60 → 64 (+4)
1.78% more ownership
Funds ownership: 56.74% → 58.53% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less capital invested
Capital invested by funds: $374M → $338M (-$36.2M)
35% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$9.23M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.8M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.96M |
| 4 |
Lazard Asset Management
New York
|
+$2.04M |
| 5 |
Goldman Sachs
New York
|
+$562K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.89M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$1.73M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.49M |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
-$1.15M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$1.03M |
TDF Hedge Fund Activity: Q1 2020 in Review
64 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q1 2020, worth a combined $338M — down 9.7% from $374M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TDF positions and 5 closed out — a net gain of 6 holders — while 13 added to existing stakes and 20 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $9.23M. The largest seller was Cornerstone Advisors, cutting an estimated $2.89M.
- 64 institutional investors held Templeton Dragon Fund (TDF) as of Q1 2020, up from 60 in Q4 2019.
- Funds reported $338M of Templeton Dragon Fund stock for Q1 2020, down 9.7% quarter-over-quarter.
- 11 funds opened new Templeton Dragon Fund positions in Q1 2020 and 5 closed out, a net change of +6 holders.
- The largest Templeton Dragon Fund buyer in Q1 2020 was City of London Investment Management, an estimated $9.23M added.
- The largest Templeton Dragon Fund seller in Q1 2020 was Cornerstone Advisors, an estimated $2.89M sold.
Based on aggregated 13F filings for Q1 2020.