TEMPLETON RUSSIA & EAST EURO FD
TRF
TRF was delisted on the 20th of November, 2015.
20 hedge funds and large institutions have $24.6M invested in TEMPLETON RUSSIA & EAST EURO FD in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 4 closing their positions.
23% more capital invested
Capital invested by funds: $20M → $24.6M (+$4.68M)
5% less funds holding
Funds holding: 21 → 20 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$1.84M |
| 2 |
HK
Horizon Kinetics
New York
|
+$996K |
| 3 |
HP
Holowesko Partners
Nassau,
Bahamas
|
+$348K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$209K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$41.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$551K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$513K |
| 3 |
Lazard Asset Management
New York
|
-$441K |
| 4 |
Morgan Stanley
New York
|
-$261K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$258K |
TRF Hedge Fund Activity: Q2 2014 in Review
20 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in TEMPLETON RUSSIA & EAST EURO FD (TRF) for Q2 2014, worth a combined $24.6M — up 23% from $20M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TRF and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 4 added.
The largest buyer was Mad River Investors, opening a new position worth an estimated $1.84M. The largest seller was Wells Fargo, cutting an estimated $551K.
- 20 institutional investors held TEMPLETON RUSSIA & EAST EURO FD (TRF) as of Q2 2014, down from 21 in Q1 2014.
- Funds reported $24.6M of TEMPLETON RUSSIA & EAST EURO FD stock for Q2 2014, up 23% quarter-over-quarter.
- 3 funds opened new TEMPLETON RUSSIA & EAST EURO FD positions in Q2 2014 and 4 closed out, a net change of -1 holder.
- The largest TEMPLETON RUSSIA & EAST EURO FD buyer in Q2 2014 was Mad River Investors, an estimated $1.84M added.
- The largest TEMPLETON RUSSIA & EAST EURO FD seller in Q2 2014 was Wells Fargo, an estimated $551K sold.
Based on aggregated 13F filings for Q2 2014.