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TWN

Taiwan Fund

24 hedge funds and large institutions have $109M invested in Taiwan Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding

Funds holding: 2024 (+4)

10% more capital invested

Capital invested by funds: $99.1M → $109M (+$10.2M)

1.16% more ownership

Funds ownership: 63.8%64.95% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

75% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 12

Holders
24
Holders Change
+4
Holders Change %
+20%
% of All Funds
0.69%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
3
Reduced
12
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
COLIM
1
City of London Investment Management
United Kingdom
$50.2M +$1.7M +87,956 +4%
Lazard Asset Management
2
Lazard Asset Management
New York
$41M -$991K -51,184 -2%
1CP
3
1607 Capital Partners
Virginia
$5.49M -$89.1K -4,600 -2%
Wells Fargo
4
Wells Fargo
California
$4.52M -$25.9K -1,339 -0.6%
SO
5
STRS Ohio
Ohio
$1.34M
MIG
6
Mariner Investment Group
New York
$1.27M +$1.2M +61,797 New
GFM
7
Gramercy Funds Management
Connecticut
$1.25M +$165K +8,530 +16%
CL
8
CSS LLC
Illinois
$1.19M
KIM
9
Karpus Investment Management
New York
$1.05M -$268K -13,826 -21%
CA
10
Cornerstone Advisors
North Carolina
$508K -$55.7K -2,879 -10%
OC
11
Oppenheimer & Co
New York
$341K -$58.1K -3,000 -15%
RCM
12
Rivernorth Capital Management
Florida
$277K +$262K +13,511 New
LPL Financial
13
LPL Financial
California
$272K -$4.59K -237 -2%
Deutsche Bank
14
Deutsche Bank
Germany
$244K
Morgan Stanley
15
Morgan Stanley
New York
$151K
TJHA
16
Thomas J. Herzfeld Advisors
Florida
$93K +$44.5K +2,300 +103%
U
17
UBS
Switzerland
$76K -$12.7K -654 -15%
Citigroup
18
Citigroup
New York
$29K -$2.63K -136 -9%
BPBT
19
Boston Private Bank & Trust
Massachusetts
$27K +$25.8K +1,330 New
TRCT
20
Tower Research Capital (TRC)
New York
$20K -$3.87K -200 -17%
Bank of America
21
Bank of America
North Carolina
$20K +$19.4K +1,000 New
S
22
SignatureFD
Georgia
$10K
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$9K -$60.6K -3,128 -88%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$7K -$3.87K -200 -36%

TWN Hedge Fund Activity: Q2 2014 in Review

24 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q2 2014, worth a combined $109M — up 10% from $99.1M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new TWN positions and 0 closed out — a net gain of 4 holders — while 3 added to existing stakes and 12 trimmed.

The largest buyer was City of London Investment Management, adding an estimated $1.7M. The largest seller was Lazard Asset Management, cutting an estimated $991K.

  • 24 institutional investors held Taiwan Fund (TWN) as of Q2 2014, up from 20 in Q1 2014.
  • Funds reported $109M of Taiwan Fund stock for Q2 2014, up 10% quarter-over-quarter.
  • 4 funds opened new Taiwan Fund positions in Q2 2014 and 0 closed out, a net change of +4 holders.
  • The largest Taiwan Fund buyer in Q2 2014 was City of London Investment Management, an estimated $1.7M added.
  • The largest Taiwan Fund seller in Q2 2014 was Lazard Asset Management, an estimated $991K sold.

Based on aggregated 13F filings for Q2 2014.