Taiwan Fund
TWN
26 hedge funds and large institutions have $231M invested in Taiwan Fund in 2021 Q4 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.
6% more capital invested
Capital invested by funds: $218M → $231M (+$13.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.48% less ownership
Funds ownership: 82.79% → 82.31% (-0.48%)
4% less funds holding
Funds holding: 27 → 26 (-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 |
SCM
Saba Capital Management
New York
|
+$2.06M |
| 2 |
Lazard Asset Management
New York
|
+$279K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$270K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$220K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$65.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$21.5M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.97M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$425K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$364K |
| 5 |
Barclays
London,
United Kingdom
|
-$105K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
Ancora Advisors
Cleveland,
Ohio
| $8K | – | – | – |
|
|
MC
27
Matisse Capital
Portland,
Oregon
| – | -$2.97M | -84,300 | Closed |
|
|
28
Barclays
London,
United Kingdom
| – | -$105K | -2,980 | Closed |
|
|
HA
29
Herold Advisors
New York
| – | -$42K | -1,200 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$13K | -367 | Closed |
|
TWN Hedge Fund Activity: Q4 2021 in Review
26 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q4 2021, worth a combined $231M — up 6.2% from $218M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TWN and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 4 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $2.06M. The largest seller was Wells Fargo, cutting an estimated $21.5M.
- 26 institutional investors held Taiwan Fund (TWN) as of Q4 2021, down from 27 in Q3 2021.
- Funds reported $231M of Taiwan Fund stock for Q4 2021, up 6.2% quarter-over-quarter.
- 3 funds opened new Taiwan Fund positions in Q4 2021 and 4 closed out, a net change of -1 holder.
- The largest Taiwan Fund buyer in Q4 2021 was Saba Capital Management, an estimated $2.06M added.
- The largest Taiwan Fund seller in Q4 2021 was Wells Fargo, an estimated $21.5M sold.
Based on aggregated 13F filings for Q4 2021.