Taiwan Fund
TWN
21 hedge funds and large institutions have $123M invested in Taiwan Fund in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
19% more capital invested
Capital invested by funds: $103M → $123M (+$19.6M)
2.42% more ownership
Funds ownership: 83.95% → 86.37% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 22 → 21 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
+$845K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$324K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$205K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$180K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$42K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$559K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$41.8K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$39K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$31.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$27.6K |
TWN Hedge Fund Activity: Q1 2019 in Review
21 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q1 2019, worth a combined $123M — up 19% from $103M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TWN and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 8 added.
The largest buyer was Boothbay Fund Management, adding an estimated $845K. The largest seller was Bulldog Investors, cutting an estimated $559K.
- 21 institutional investors held Taiwan Fund (TWN) as of Q1 2019, down from 22 in Q4 2018.
- Funds reported $123M of Taiwan Fund stock for Q1 2019, up 19% quarter-over-quarter.
- 2 funds opened new Taiwan Fund positions in Q1 2019 and 3 closed out, a net change of -1 holder.
- The largest Taiwan Fund buyer in Q1 2019 was Boothbay Fund Management, an estimated $845K added.
- The largest Taiwan Fund seller in Q1 2019 was Bulldog Investors, an estimated $559K sold.
Based on aggregated 13F filings for Q1 2019.