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TWN

Taiwan Fund

22 hedge funds and large institutions have $144M invested in Taiwan Fund in 2018 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 4

1% less capital invested

Capital invested by funds: $145M → $144M (-$772K)

1.86% less ownership

Funds ownership: 85.11%83.25% (-1.9%)

8% less funds holding

Funds holding: 2422 (-2)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 2

Holders
22
Holders Change
-2
Holders Change %
-8.33%
% of All Funds
0.5%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
Increased
10
Reduced
4
Closed
2
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
$74.6M
Lazard Asset Management
2
Lazard Asset Management
New York
$30.9M -$1.93M -91,300 -6%
1CP
3
1607 Capital Partners
Virginia
$7.79M +$729K +34,435 +10%
Wells Fargo
4
Wells Fargo
California
$7.6M +$109K +5,146 +1%
BI
5
Bulldog Investors
New Jersey
$7.58M +$1.29M +60,843 +20%
Aberdeen Group
6
Aberdeen Group
United Kingdom
$5.03M
KIM
7
Karpus Investment Management
New York
$3.13M -$159K -7,511 -5%
TJHA
8
Thomas J. Herzfeld Advisors
Florida
$1.72M +$95.4K +4,510 +6%
SO
9
STRS Ohio
Ohio
$1.39M
CL
10
CSS LLC
Illinois
$1.23M
MC
11
Matisse Capital
Oregon
$1.1M -$97.4K -4,600 -8%
WAM
12
Wolverine Asset Management
Illinois
$868K +$161K +7,584 +23%
CA
13
Cornerstone Advisors
North Carolina
$576K +$172K +8,107 +43%
DA
14
Doliver Advisors
Texas
$393K +$12.6K +595 +3%
Deutsche Bank
15
Deutsche Bank
Germany
$252K -$21 -1 -0%
PNC Financial Services Group
16
PNC Financial Services Group
Pennsylvania
$123K
Bank of America
17
Bank of America
North Carolina
$42K +$21.2K +1,000 +100%
Morgan Stanley
18
Morgan Stanley
New York
$39K
UBS Group
19
UBS Group
Switzerland
$25K +$16.2K +766 +171%
VIA
20
Vantage Investment Advisors
Pennsylvania
$18K
BBPWM
21
Blue Bell Private Wealth Management
Pennsylvania
$6K +$2.12K +100 +45%
HR
22
Howe & Rusling
New York
$1K
OTC
23
Opera Trading Capital
France
$45
GFM
24
Gramercy Funds Management
Connecticut
-$3.64M -174,359 Closed
Citigroup
25
Citigroup
New York
-$121K -5,804 Closed

TWN Hedge Fund Activity: Q1 2018 in Review

22 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q1 2018, worth a combined $144M — down 0.53% from $145M a quarter earlier.

Sellers outnumbered buyers: 2 funds closed out of TWN and 0 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 10 added.

The largest buyer was Bulldog Investors, adding an estimated $1.29M. The largest seller was Gramercy Funds Management, exiting entirely with an estimated $3.64M sold.

  • 22 institutional investors held Taiwan Fund (TWN) as of Q1 2018, down from 24 in Q4 2017.
  • Funds reported $144M of Taiwan Fund stock for Q1 2018, down 0.53% quarter-over-quarter.
  • 0 funds opened new Taiwan Fund positions in Q1 2018 and 2 closed out, a net change of -2 holders.
  • The largest Taiwan Fund buyer in Q1 2018 was Bulldog Investors, an estimated $1.29M added.
  • The largest Taiwan Fund seller in Q1 2018 was Gramercy Funds Management, an estimated $3.64M sold.

Based on aggregated 13F filings for Q1 2018.