Templeton Dragon Fund
TDF
38 hedge funds and large institutions have $125M invested in Templeton Dragon Fund in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 4 increasing their positions, 19 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
12% more funds holding
Funds holding: 34 → 38 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19.06% less ownership
Funds ownership: 63.99% → 44.93% (-19%)
32% less capital invested
Capital invested by funds: $185M → $125M (-$59.3M)
79% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.43M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.14M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$954K |
| 4 |
QL
Quarry LP
New York
|
+$315K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$35.6M |
| 2 |
Lazard Asset Management
New York
|
-$12.3M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$11.6M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$378K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$236K |
TDF Hedge Fund Activity: Q4 2023 in Review
38 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Templeton Dragon Fund (TDF) for Q4 2023, worth a combined $125M — down 32% from $185M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TDF positions and 5 closed out — a net gain of 4 holders — while 4 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.43M. The largest seller was City of London Investment Management, cutting an estimated $35.6M.
- 38 institutional investors held Templeton Dragon Fund (TDF) as of Q4 2023, up from 34 in Q3 2023.
- Funds reported $125M of Templeton Dragon Fund stock for Q4 2023, down 32% quarter-over-quarter.
- 9 funds opened new Templeton Dragon Fund positions in Q4 2023 and 5 closed out, a net change of +4 holders.
- The largest Templeton Dragon Fund buyer in Q4 2023 was Morgan Stanley, an estimated $4.43M added.
- The largest Templeton Dragon Fund seller in Q4 2023 was City of London Investment Management, an estimated $35.6M sold.
Based on aggregated 13F filings for Q4 2023.