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TWN

Taiwan Fund

23 hedge funds and large institutions have $143M invested in Taiwan Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 5

15% more funds holding

Funds holding: 2023 (+3)

5% more capital invested

Capital invested by funds: $136M → $143M (+$6.62M)

0.73% more ownership

Funds ownership: 83.69%84.42% (+0.73%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
23
Holders Change
+3
Holders Change %
+15%
% of All Funds
0.57%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
4
Increased
7
Reduced
5
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
$72.3M +$565K +27,151 +0.8%
Lazard Asset Management
2
Lazard Asset Management
New York
$34.2M -$1.23M -58,960 -3%
Wells Fargo
3
Wells Fargo
California
$7.28M -$11.8K -565 -0.2%
1CP
4
1607 Capital Partners
Virginia
$6.97M -$12.5K -600 -0.2%
Aberdeen Group
5
Aberdeen Group
United Kingdom
$6.47M +$6.54M +314,341 New
KIM
6
Karpus Investment Management
New York
$3.22M +$1.05M +50,497 +48%
GFM
7
Gramercy Funds Management
Connecticut
$2.95M +$337K +16,172 +13%
BI
8
Bulldog Investors
New Jersey
$2.41M +$2.07M +99,354 +562%
SO
9
STRS Ohio
Ohio
$1.34M
CL
10
CSS LLC
Illinois
$1.19M
MC
11
Matisse Capital
Oregon
$1.16M +$2.52K +121 +0.2%
TJHA
12
Thomas J. Herzfeld Advisors
Florida
$1.05M
WAM
13
Wolverine Asset Management
Illinois
$776K -$327K -15,724 -29%
DA
14
Doliver Advisors
Texas
$421K +$1.85K +89 +0.4%
CA
15
Cornerstone Advisors
North Carolina
$290K +$293K +14,077 New
Deutsche Bank
16
Deutsche Bank
Germany
$245K
Citigroup
17
Citigroup
New York
$119K +$121K +5,804 New
OTC
18
Opera Trading Capital
France
$43K
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$40K +$40.6K +1,950 New
Morgan Stanley
20
Morgan Stanley
New York
$38K +$7.62K +366 +25%
Bank of America
21
Bank of America
North Carolina
$21K
VIA
22
Vantage Investment Advisors
Pennsylvania
$19K
UBS Group
23
UBS Group
Switzerland
$9K -$1.16M -55,892 -99%

TWN Hedge Fund Activity: Q3 2017 in Review

23 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q3 2017, worth a combined $143M — up 4.9% from $136M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new TWN positions and 0 closed out — a net gain of 4 holders — while 7 added to existing stakes and 5 trimmed.

The largest buyer was Bulldog Investors, adding an estimated $2.07M. The largest seller was Lazard Asset Management, cutting an estimated $1.23M.

  • 23 institutional investors held Taiwan Fund (TWN) as of Q3 2017, up from 20 in Q2 2017.
  • Funds reported $143M of Taiwan Fund stock for Q3 2017, up 4.9% quarter-over-quarter.
  • 4 funds opened new Taiwan Fund positions in Q3 2017 and 0 closed out, a net change of +4 holders.
  • The largest Taiwan Fund buyer in Q3 2017 was Bulldog Investors, an estimated $2.07M added.
  • The largest Taiwan Fund seller in Q3 2017 was Lazard Asset Management, an estimated $1.23M sold.

Based on aggregated 13F filings for Q3 2017.