Taiwan Fund
TWN
20 hedge funds and large institutions have $136M invested in Taiwan Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 3 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
16% more capital invested
Capital invested by funds: $117M → $136M (+$18.5M)
5.39% more ownership
Funds ownership: 78.3% → 83.69% (+5.4%)
5% more funds holding
Funds holding: 19 → 20 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$6.62M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.03M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.07M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$478K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.36M |
| 2 |
Lazard Asset Management
New York
|
-$167K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$25K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2K |
TWN Hedge Fund Activity: Q2 2017 in Review
20 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q2 2017, worth a combined $136M — up 16% from $117M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TWN positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 1 trimmed.
The largest buyer was Aberdeen Asset Management, opening a new position worth an estimated $6.62M. The largest seller was Panagora Asset Management, exiting entirely with an estimated $2.36M sold.
- 20 institutional investors held Taiwan Fund (TWN) as of Q2 2017, up from 19 in Q1 2017.
- Funds reported $136M of Taiwan Fund stock for Q2 2017, up 16% quarter-over-quarter.
- 4 funds opened new Taiwan Fund positions in Q2 2017 and 3 closed out, a net change of +1 holder.
- The largest Taiwan Fund buyer in Q2 2017 was Aberdeen Asset Management, an estimated $6.62M added.
- The largest Taiwan Fund seller in Q2 2017 was Panagora Asset Management, an estimated $2.36M sold.
Based on aggregated 13F filings for Q2 2017.