Taiwan Fund
TWN
27 hedge funds and large institutions have $199M invested in Taiwan Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 3 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
18% more capital invested
Capital invested by funds: $169M → $199M (+$29.8M)
1.03% more ownership
Funds ownership: 83.88% → 84.91% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 28 → 27 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.9M |
| 2 |
Morgan Stanley
New York
|
+$406K |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$347K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$226K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$585K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$179K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$82.5K |
| 4 |
SCM
Saba Capital Management
New York
|
-$68.9K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$53.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
Ancora Advisors
Cleveland,
Ohio
| $6.27K | – | – | – |
|
27
Bessemer Group
Woodbridge,
New Jersey
| $5K | +$616 | +22 | +15% |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| – | -$179K | -6,637 | Closed |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| – | -$53.9K | -2,000 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$8K | -300 | Closed |
|
TWN Hedge Fund Activity: Q2 2023 in Review
27 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q2 2023, worth a combined $199M — up 18% from $169M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TWN and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 9 added.
The largest buyer was Allspring Global Investments, adding an estimated $1.9M. The largest seller was City of London Investment Management, cutting an estimated $585K.
- 27 institutional investors held Taiwan Fund (TWN) as of Q2 2023, down from 28 in Q1 2023.
- Funds reported $199M of Taiwan Fund stock for Q2 2023, up 18% quarter-over-quarter.
- 2 funds opened new Taiwan Fund positions in Q2 2023 and 3 closed out, a net change of -1 holder.
- The largest Taiwan Fund buyer in Q2 2023 was Allspring Global Investments, an estimated $1.9M added.
- The largest Taiwan Fund seller in Q2 2023 was City of London Investment Management, an estimated $585K sold.
Based on aggregated 13F filings for Q2 2023.