Thai Fund
TTF
TTF was delisted on the 19th of January, 2018.
23 hedge funds and large institutions have $81.4M invested in Thai Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $70.6M → $81.4M (+$10.8M)
15% more funds holding
Funds holding: 20 → 23 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$5.64M |
| 2 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$3.78M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.26M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$2.17M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$12M |
| 2 |
Lazard Asset Management
New York
|
-$934K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$840K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$571K |
| 5 |
Citigroup
New York
|
-$406K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Geode Capital Management
Boston,
Massachusetts
| – | -$167K | -17,165 | Closed |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$10K | -1,000 | Closed |
|
TTF Hedge Fund Activity: Q4 2017 in Review
23 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Thai Fund (TTF) for Q4 2017, worth a combined $81.4M — up 15% from $70.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TTF positions and 4 closed out — a net gain of 3 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $5.64M. The largest seller was City of London Investment Management, cutting an estimated $12M.
- 23 institutional investors held Thai Fund (TTF) as of Q4 2017, up from 20 in Q3 2017.
- Funds reported $81.4M of Thai Fund stock for Q4 2017, up 15% quarter-over-quarter.
- 7 funds opened new Thai Fund positions in Q4 2017 and 4 closed out, a net change of +3 holders.
- The largest Thai Fund buyer in Q4 2017 was Bulldog Investors, an estimated $5.64M added.
- The largest Thai Fund seller in Q4 2017 was City of London Investment Management, an estimated $12M sold.
Based on aggregated 13F filings for Q4 2017.