TEMPLETON RUSSIA & EAST EURO FD
TRF
TRF was delisted on the 20th of November, 2015.
23 hedge funds and large institutions have $18.1M invested in TEMPLETON RUSSIA & EAST EURO FD in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more funds holding
Funds holding: 20 → 23 (+3)
27% less capital invested
Capital invested by funds: $24.6M → $18.1M (-$6.56M)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.71M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$741K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$478K |
| 4 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$320K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$5.36M |
| 2 |
HP
Holowesko Partners
Nassau,
Bahamas
|
-$382K |
| 3 |
Lazard Asset Management
New York
|
-$248K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$229K |
| 5 |
AG
Ashmore Group
London,
United Kingdom
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Ashmore Group
London,
United Kingdom
| – | -$145K | -9,531 | Closed |
|
|
CLOS
27
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$145K | -8,500 | Closed |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$31K | -2,000 | Closed |
|
TRF Hedge Fund Activity: Q3 2014 in Review
23 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in TEMPLETON RUSSIA & EAST EURO FD (TRF) for Q3 2014, worth a combined $18.1M — down 27% from $24.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TRF positions and 5 closed out — a net gain of 3 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.71M. The largest seller was City of London Investment Management, cutting an estimated $5.36M.
- 23 institutional investors held TEMPLETON RUSSIA & EAST EURO FD (TRF) as of Q3 2014, up from 20 in Q2 2014.
- Funds reported $18.1M of TEMPLETON RUSSIA & EAST EURO FD stock for Q3 2014, down 27% quarter-over-quarter.
- 8 funds opened new TEMPLETON RUSSIA & EAST EURO FD positions in Q3 2014 and 5 closed out, a net change of +3 holders.
- The largest TEMPLETON RUSSIA & EAST EURO FD buyer in Q3 2014 was Wolverine Asset Management, an estimated $1.71M added.
- The largest TEMPLETON RUSSIA & EAST EURO FD seller in Q3 2014 was City of London Investment Management, an estimated $5.36M sold.
Based on aggregated 13F filings for Q3 2014.