Taiwan Fund
TWN
24 hedge funds and large institutions have $132M invested in Taiwan Fund in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 23 → 24 (+1)
0.44% more ownership
Funds ownership: 84.12% → 84.55% (+0.44%)
5% less capital invested
Capital invested by funds: $138M → $132M (-$6.24M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.19M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$160K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$158K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$55.4K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$15.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$815K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$214K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$120K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$109K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$57K |
TWN Hedge Fund Activity: Q3 2018 in Review
24 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q3 2018, worth a combined $132M — down 4.5% from $138M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TWN positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $1.19M. The largest seller was Lazard Asset Management, cutting an estimated $815K.
- 24 institutional investors held Taiwan Fund (TWN) as of Q3 2018, up from 23 in Q2 2018.
- Funds reported $132M of Taiwan Fund stock for Q3 2018, down 4.5% quarter-over-quarter.
- 3 funds opened new Taiwan Fund positions in Q3 2018 and 2 closed out, a net change of +1 holder.
- The largest Taiwan Fund buyer in Q3 2018 was Bulldog Investors, an estimated $1.19M added.
- The largest Taiwan Fund seller in Q3 2018 was Lazard Asset Management, an estimated $815K sold.
Based on aggregated 13F filings for Q3 2018.