Taiwan Fund
TWN
22 hedge funds and large institutions have $103M invested in Taiwan Fund in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 2 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.6% less ownership
Funds ownership: 84.55% → 83.95% (-0.6%)
8% less funds holding
Funds holding: 24 → 22 (-2)
22% less capital invested
Capital invested by funds: $132M → $103M (-$28.5M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$1.22M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$851K |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$168K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$84.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.07M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$851K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$616K |
| 4 |
Lazard Asset Management
New York
|
-$542K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$259K |
TWN Hedge Fund Activity: Q4 2018 in Review
22 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q4 2018, worth a combined $103M — down 22% from $132M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of TWN and 1 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 6 added.
The largest buyer was Boothbay Fund Management, opening a new position worth an estimated $1.22M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $2.07M.
- 22 institutional investors held Taiwan Fund (TWN) as of Q4 2018, down from 24 in Q3 2018.
- Funds reported $103M of Taiwan Fund stock for Q4 2018, down 22% quarter-over-quarter.
- 1 fund opened new Taiwan Fund positions in Q4 2018 and 2 closed out, a net change of -1 holder.
- The largest Taiwan Fund buyer in Q4 2018 was Boothbay Fund Management, an estimated $1.22M added.
- The largest Taiwan Fund seller in Q4 2018 was Thomas J. Herzfeld Advisors, an estimated $2.07M sold.
Based on aggregated 13F filings for Q4 2018.