Turkish Inv Fund
TKF was delisted on the 22nd of December, 2017.
25 hedge funds and large institutions have $10.5M invested in Turkish Inv Fund in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 9 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
35% more capital invested
Capital invested by funds: $7.73M → $10.5M (+$2.73M)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0% more funds holding
Funds holding: 25 → 25 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$1.34M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$734K |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$454K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$399K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.71M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$398K |
| 3 |
AGM
Alpine Global Management
New York
|
-$299K |
| 4 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$91K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$21.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $2K | – | – | – |
|
|
COLIM
27
City of London Investment Management
London,
United Kingdom
| – | -$2.71M | -400,064 | Closed |
|
|
GFM
28
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$398K | -58,646 | Closed |
|
|
AGM
29
Alpine Global Management
New York
| – | -$299K | -44,073 | Closed |
|
|
AMI
30
Amica Mutual Insurance
Providence,
Rhode Island
| – | -$91K | -13,437 | Closed |
|
|
TJHA
31
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$20K | -2,944 | Closed |
|
|
APFBOT
32
Amica Pension Fund Board of Trustees
Providence,
Rhode Island
| – | -$6K | -907 | Closed |
|
|
AA
33
Ancora Advisors
Cleveland,
Ohio
| – | -$2K | -318 | Closed |
|
|
ARMT
34
Amica Retiree Medical Trust
Lincoln,
Rhode Island
| – | -$1K | -142 | Closed |
|
TKF Hedge Fund Activity: Q1 2017 in Review
25 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Turkish Inv Fund (TKF) for Q1 2017, worth a combined $10.5M — up 35% from $7.73M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TKF positions and 9 closed out — a net gain of 1 holder — while 7 added to existing stakes and 2 trimmed.
The largest buyer was Ionic Capital Management, opening a new position worth an estimated $1.34M. The largest seller was City of London Investment Management, exiting entirely with an estimated $2.71M sold.
- 25 institutional investors held Turkish Inv Fund (TKF) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $10.5M of Turkish Inv Fund stock for Q1 2017, up 35% quarter-over-quarter.
- 10 funds opened new Turkish Inv Fund positions in Q1 2017 and 9 closed out, a net change of +1 holder.
- The largest Turkish Inv Fund buyer in Q1 2017 was Ionic Capital Management, an estimated $1.34M added.
- The largest Turkish Inv Fund seller in Q1 2017 was City of London Investment Management, an estimated $2.71M sold.
Based on aggregated 13F filings for Q1 2017.