Turkish Inv Fund
TKF was delisted on the 22nd of December, 2017.
24 hedge funds and large institutions have $11.1M invested in Turkish Inv Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
9% more funds holding
Funds holding: 22 → 24 (+2)
5% less capital invested
Capital invested by funds: $11.6M → $11.1M (-$573K)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$836K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$259K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$168K |
| 4 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
+$88.1K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$33.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$587K |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$329K |
| 3 |
Lazard Asset Management
New York
|
-$140K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$53K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$49K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$49K | -5,680 | Closed |
|
TKF Hedge Fund Activity: Q3 2016 in Review
24 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Turkish Inv Fund (TKF) for Q3 2016, worth a combined $11.1M — down 4.9% from $11.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TKF positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Curi RMB Capital, adding an estimated $836K. The largest seller was City of London Investment Management, cutting an estimated $587K.
- 24 institutional investors held Turkish Inv Fund (TKF) as of Q3 2016, up from 22 in Q2 2016.
- Funds reported $11.1M of Turkish Inv Fund stock for Q3 2016, down 4.9% quarter-over-quarter.
- 4 funds opened new Turkish Inv Fund positions in Q3 2016 and 1 closed out, a net change of +3 holders.
- The largest Turkish Inv Fund buyer in Q3 2016 was Curi RMB Capital, an estimated $836K added.
- The largest Turkish Inv Fund seller in Q3 2016 was City of London Investment Management, an estimated $587K sold.
Based on aggregated 13F filings for Q3 2016.