Taiwan Fund
TWN
23 hedge funds and large institutions have $91.3M invested in Taiwan Fund in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
12% more capital invested
Capital invested by funds: $81.7M → $91.3M (+$9.54M)
2.21% more ownership
Funds ownership: 59.56% → 61.77% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
12% less funds holding
Funds holding: 26 → 23 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$2.62M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$557K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$262K |
| 4 |
DT
Diversified Trust
Memphis,
Tennessee
|
+$95.7K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$25.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$756K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$486K |
| 3 |
JP Morgan Chase
New York
|
-$320K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$288K |
| 5 |
LPL Financial
San Diego,
California
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
JP Morgan Chase
New York
| – | -$320K | -19,700 | Closed |
|
|
TC
27
TFS Capital
West Chester,
Pennsylvania
| – | -$288K | -17,721 | Closed |
|
TWN Hedge Fund Activity: Q3 2013 in Review
23 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q3 2013, worth a combined $91.3M — up 12% from $81.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TWN and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Lazard Asset Management, adding an estimated $2.62M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $756K sold.
- 23 institutional investors held Taiwan Fund (TWN) as of Q3 2013, down from 26 in Q2 2013.
- Funds reported $91.3M of Taiwan Fund stock for Q3 2013, up 12% quarter-over-quarter.
- 2 funds opened new Taiwan Fund positions in Q3 2013 and 4 closed out, a net change of -2 holders.
- The largest Taiwan Fund buyer in Q3 2013 was Lazard Asset Management, an estimated $2.62M added.
- The largest Taiwan Fund seller in Q3 2013 was Wolverine Asset Management, an estimated $756K sold.
Based on aggregated 13F filings for Q3 2013.