Turkish Inv Fund
TKF was delisted on the 22nd of December, 2017.
25 hedge funds and large institutions have $7.73M invested in Turkish Inv Fund in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
4% more funds holding
Funds holding: 24 → 25 (+1)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
30% less capital invested
Capital invested by funds: $11.1M → $7.73M (-$3.32M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.86M |
| 2 |
AGM
Alpine Global Management
New York
|
+$323K |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$308K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$101K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$55.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.81M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$778K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$366K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$250K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$111K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| – | -$18K | -2,228 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$7K | -808 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$4K | -487 | Closed |
|
29
Creative Planning
Overland Park,
Kansas
| – | +$205 | +28 | New |
|
TKF Hedge Fund Activity: Q4 2016 in Review
25 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Turkish Inv Fund (TKF) for Q4 2016, worth a combined $7.73M — down 30% from $11.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TKF positions and 3 closed out — a net gain of 2 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Matisse Capital, opening a new position worth an estimated $1.86M. The largest seller was City of London Investment Management, cutting an estimated $2.81M.
- 25 institutional investors held Turkish Inv Fund (TKF) as of Q4 2016, up from 24 in Q3 2016.
- Funds reported $7.73M of Turkish Inv Fund stock for Q4 2016, down 30% quarter-over-quarter.
- 5 funds opened new Turkish Inv Fund positions in Q4 2016 and 3 closed out, a net change of +2 holders.
- The largest Turkish Inv Fund buyer in Q4 2016 was Matisse Capital, an estimated $1.86M added.
- The largest Turkish Inv Fund seller in Q4 2016 was City of London Investment Management, an estimated $2.81M sold.
Based on aggregated 13F filings for Q4 2016.