TEMPLETON RUSSIA & EAST EURO FD
TRF
TRF was delisted on the 20th of November, 2015.
34 hedge funds and large institutions have $16.7M invested in TEMPLETON RUSSIA & EAST EURO FD in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
17% more capital invested
Capital invested by funds: $14.2M → $16.7M (+$2.46M)
13% more funds holding
Funds holding: 30 → 34 (+4)
75% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.31M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.97M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.11M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$1.01M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$831K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$4.46M |
| 2 |
LCM
Legato Capital Management
San Francisco,
California
|
-$1.44M |
| 3 |
MRI
Mad River Investors
Boston,
Massachusetts
|
-$971K |
| 4 |
HK
Horizon Kinetics
New York
|
-$383K |
| 5 |
Lazard Asset Management
New York
|
-$210K |
TRF Hedge Fund Activity: Q3 2015 in Review
34 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in TEMPLETON RUSSIA & EAST EURO FD (TRF) for Q3 2015, worth a combined $16.7M — up 17% from $14.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TRF positions and 5 closed out — a net gain of 4 holders — while 3 added to existing stakes and 12 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $4.31M. The largest seller was Russell Frank Company, exiting entirely with an estimated $4.46M sold.
- 34 institutional investors held TEMPLETON RUSSIA & EAST EURO FD (TRF) as of Q3 2015, up from 30 in Q2 2015.
- Funds reported $16.7M of TEMPLETON RUSSIA & EAST EURO FD stock for Q3 2015, up 17% quarter-over-quarter.
- 9 funds opened new TEMPLETON RUSSIA & EAST EURO FD positions in Q3 2015 and 5 closed out, a net change of +4 holders.
- The largest TEMPLETON RUSSIA & EAST EURO FD buyer in Q3 2015 was Credit Suisse, an estimated $4.31M added.
- The largest TEMPLETON RUSSIA & EAST EURO FD seller in Q3 2015 was Russell Frank Company, an estimated $4.46M sold.
Based on aggregated 13F filings for Q3 2015.