Turkish Inv Fund
TKF was delisted on the 22nd of December, 2017.
25 hedge funds and large institutions have $14.2M invested in Turkish Inv Fund in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
25% more funds holding
Funds holding: 20 → 25 (+5)
9% less capital invested
Capital invested by funds: $15.7M → $14.2M (-$1.47M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.08M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.44M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$908K |
| 4 |
SG Americas Securities
New York
|
+$326K |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.41M |
| 2 |
Lazard Asset Management
New York
|
-$1.3M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$556K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$496K |
| 5 |
DT
Diversified Trust
Memphis,
Tennessee
|
-$388K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $9K | +$9.57K | +611 | New |
|
|
COLIM
27
City of London Investment Management
London,
United Kingdom
| – | -$2.41M | -154,821 | Closed |
|
|
DA
28
Doliver Advisors
Houston,
Texas
| – | -$334K | -22,231 | Closed |
|
|
TC
29
TFS Capital
West Chester,
Pennsylvania
| – | -$273K | -18,145 | Closed |
|
30
Ameriprise
Minneapolis,
Minnesota
| – | -$33K | -2,200 | Closed |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$30K | -2,010 | Closed |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$6K | -375 | Closed |
|
TKF Hedge Fund Activity: Q4 2013 in Review
25 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Turkish Inv Fund (TKF) for Q4 2013, worth a combined $14.2M — down 9.4% from $15.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TKF positions and 6 closed out — a net gain of 5 holders — while 4 added to existing stakes and 10 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $2.08M. The largest seller was City of London Investment Management, exiting entirely with an estimated $2.41M sold.
- 25 institutional investors held Turkish Inv Fund (TKF) as of Q4 2013, up from 20 in Q3 2013.
- Funds reported $14.2M of Turkish Inv Fund stock for Q4 2013, down 9.4% quarter-over-quarter.
- 11 funds opened new Turkish Inv Fund positions in Q4 2013 and 6 closed out, a net change of +5 holders.
- The largest Turkish Inv Fund buyer in Q4 2013 was Weiss Asset Management, an estimated $2.08M added.
- The largest Turkish Inv Fund seller in Q4 2013 was City of London Investment Management, an estimated $2.41M sold.
Based on aggregated 13F filings for Q4 2013.