Taiwan Fund
TWN
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.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
1% less capital invested
Capital invested by funds: $145M → $144M (-$727K)
1.86% less ownership
Funds ownership: 85.11% → 83.25% (-1.9%)
8% less funds holding
Funds holding: 24 → 22 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.29M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$729K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$172K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$161K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$3.64M |
| 2 |
Lazard Asset Management
New York
|
-$1.93M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$159K |
| 4 |
Citigroup
New York
|
-$121K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$97.4K |
TWN Hedge Fund Activity: Q1 2018 in Review
22 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q1 2018, worth a combined $144M — down 0.5% 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 0.5% 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.