TEMPLETON RUSSIA & EAST EURO FD
TRF
TRF was delisted on the 20th of November, 2015.
27 hedge funds and large institutions have $12.4M invested in TEMPLETON RUSSIA & EAST EURO FD in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
17% more funds holding
Funds holding: 23 → 27 (+4)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
31% less capital invested
Capital invested by funds: $18.1M → $12.4M (-$5.64M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.61M |
| 2 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
+$646K |
| 3 |
SG Americas Securities
New York
|
+$360K |
| 4 |
LPL Financial
San Diego,
California
|
+$242K |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.32M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.24M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$958K |
| 4 |
Lazard Asset Management
New York
|
-$489K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$432K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NPC
26
National Planning Corporation
El Segundo,
California
| $5.32K | +$6.59K | +594 | New |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $4K | – | – | – |
|
|
TC
28
TFS Capital
West Chester,
Pennsylvania
| – | -$958K | -76,053 | Closed |
|
|
CA
29
Cornerstone Advisors
Asheville,
North Carolina
| – | -$432K | -34,275 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$5K | -378 | Closed |
|
31
Citigroup
New York
| – | -$1K | -110 | Closed |
|
TRF Hedge Fund Activity: Q4 2014 in Review
27 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in TEMPLETON RUSSIA & EAST EURO FD (TRF) for Q4 2014, worth a combined $12.4M — down 31% from $18.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TRF positions and 4 closed out — a net gain of 6 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Gramercy Funds Management, adding an estimated $1.61M. The largest seller was Wolverine Asset Management, cutting an estimated $1.32M.
- 27 institutional investors held TEMPLETON RUSSIA & EAST EURO FD (TRF) as of Q4 2014, up from 23 in Q3 2014.
- Funds reported $12.4M of TEMPLETON RUSSIA & EAST EURO FD stock for Q4 2014, down 31% quarter-over-quarter.
- 10 funds opened new TEMPLETON RUSSIA & EAST EURO FD positions in Q4 2014 and 4 closed out, a net change of +6 holders.
- The largest TEMPLETON RUSSIA & EAST EURO FD buyer in Q4 2014 was Gramercy Funds Management, an estimated $1.61M added.
- The largest TEMPLETON RUSSIA & EAST EURO FD seller in Q4 2014 was Wolverine Asset Management, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2014.