Taiwan Fund
TWN
31 hedge funds and large institutions have $270M invested in Taiwan Fund in 2025 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 0 closing their positions.
11% more funds holding
Funds holding: 28 → 31 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.48% less ownership
Funds ownership: 82.64% → 79.16% (-3.5%)
5% less capital invested
Capital invested by funds: $286M → $270M (-$15.5M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$2.31M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$271K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$137K |
| 4 |
Morgan Stanley
New York
|
+$8.56K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$8.06K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$8.33M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$6.31M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$565K |
| 4 |
QC
Quantedge Capital
Singapore
|
-$562K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$165K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
Ancora Advisors
Cleveland,
Ohio
| $10.7K | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $8.86K | -$12.3K | -220 | -57% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | -$783 | -14 | -11% |
|
29
Jones Financial Companies
Des Peres,
Missouri
| $3.42K | – | – | – |
|
30
AssetMark Inc
Concord,
California
| $214 | +$224 | +4 | New |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $53 | – | – | – |
|
32
Wells Fargo
San Francisco,
California
| $10 | – | – | – |
|
TWN Hedge Fund Activity: Q4 2025 in Review
31 of the 8,232 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q4 2025, worth a combined $270M — down 5.4% from $286M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TWN positions and 0 closed out — a net gain of 3 holders — while 4 added to existing stakes and 10 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $2.31M. The largest seller was City of London Investment Management, cutting an estimated $8.33M.
- 31 institutional investors held Taiwan Fund (TWN) as of Q4 2025, up from 28 in Q3 2025.
- Funds reported $270M of Taiwan Fund stock for Q4 2025, down 5.4% quarter-over-quarter.
- 3 funds opened new Taiwan Fund positions in Q4 2025 and 0 closed out, a net change of +3 holders.
- The largest Taiwan Fund buyer in Q4 2025 was Lazard Asset Management, an estimated $2.31M added.
- The largest Taiwan Fund seller in Q4 2025 was City of London Investment Management, an estimated $8.33M sold.
Based on aggregated 13F filings for Q4 2025.