Turkish Inv Fund
TKF was delisted on the 22nd of December, 2017.
15 hedge funds and large institutions have $4M invested in Turkish Inv Fund in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 10 closing their positions.
10.35% less ownership
Funds ownership: 16.81% → 6.46% (-10%)
40% less funds holding
Funds holding: 25 → 15 (-10)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
72% less capital invested
Capital invested by funds: $14.2M → $4M (-$10.2M)
90% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$30.8K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$17K |
| 3 |
Citigroup
New York
|
+$7.34K |
| 4 |
Morgan Stanley
New York
|
+$6.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.46M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.35M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.09M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$850K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$756K |
TKF Hedge Fund Activity: Q1 2014 in Review
15 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Turkish Inv Fund (TKF) for Q1 2014, worth a combined $4M — down 72% from $14.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TKF and 1 opened new positions — a net loss of 9 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was MYCIO Wealth Partners, opening a new position worth an estimated $30.8K. The largest seller was Wells Fargo, cutting an estimated $1.46M.
- 15 institutional investors held Turkish Inv Fund (TKF) as of Q1 2014, down from 25 in Q4 2013.
- Funds reported $4M of Turkish Inv Fund stock for Q1 2014, down 72% quarter-over-quarter.
- 1 fund opened new Turkish Inv Fund positions in Q1 2014 and 10 closed out, a net change of -9 holders.
- The largest Turkish Inv Fund buyer in Q1 2014 was MYCIO Wealth Partners, an estimated $30.8K added.
- The largest Turkish Inv Fund seller in Q1 2014 was Wells Fargo, an estimated $1.46M sold.
Based on aggregated 13F filings for Q1 2014.