Taiwan Fund
TWN
20 hedge funds and large institutions have $89.7M invested in Taiwan Fund in 2014 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
0.79% more ownership
Funds ownership: 66.08% → 66.87% (+0.79%)
5% less funds holding
Funds holding: 21 → 20 (-1)
12% less capital invested
Capital invested by funds: $102M → $89.7M (-$12.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$1.07M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$783K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$536K |
| 4 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$281K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$29.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.14M |
| 2 |
OC
Oppenheimer & Co
New York
|
-$314K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$41.5K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$24K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$12.9K |
TWN Hedge Fund Activity: Q4 2014 in Review
20 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q4 2014, worth a combined $89.7M — down 12% from $102M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new TWN positions and 1 closed out — a net gain of 1 holder — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $1.07M. The largest seller was Lazard Asset Management, cutting an estimated $1.14M.
- 20 institutional investors held Taiwan Fund (TWN) as of Q4 2014, down from 21 in Q3 2014.
- Funds reported $89.7M of Taiwan Fund stock for Q4 2014, down 12% quarter-over-quarter.
- 2 funds opened new Taiwan Fund positions in Q4 2014 and 1 closed out, a net change of +1 holder.
- The largest Taiwan Fund buyer in Q4 2014 was Weiss Asset Management, an estimated $1.07M added.
- The largest Taiwan Fund seller in Q4 2014 was Lazard Asset Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q4 2014.