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TWN

Taiwan Fund

21 hedge funds and large institutions have $109M invested in Taiwan Fund in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

0% more funds holding

Funds holding: 2121 (0)

0% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 6

0.85% less ownership

Funds ownership: 86.37%85.52% (-0.85%)

11% less capital invested

Capital invested by funds: $123M → $109M (-$14.1M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
21
Holders Change
Holders Change %
0%
% of All Funds
0.46%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
3
Increased
6
Reduced
6
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
$55M -$1.22M -70,646 -2%
Lazard Asset Management
2
Lazard Asset Management
New York
$25.8M +$2.79M +161,700 +12%
1CP
3
1607 Capital Partners
Virginia
$8.23M +$922K +53,504 +12%
Wells Fargo
4
Wells Fargo
California
$7.69M +$288K +16,705 +4%
Aberdeen Group
5
Aberdeen Group
United Kingdom
$4.37M -$207K -12,000 -4%
KIM
6
Karpus Investment Management
New York
$2.22M -$5.67K -329 -0.3%
TJHA
7
Thomas J. Herzfeld Advisors
Florida
$1.99M -$63.5K -3,688 -3%
SO
8
STRS Ohio
Ohio
$1.19M
CL
9
CSS LLC
Illinois
$1.11M
Geode Capital Management
10
Geode Capital Management
Massachusetts
$378K +$44.7K +2,595 +13%
SFS
11
Shaker Financial Services
Virginia
$212K
Deutsche Bank
12
Deutsche Bank
Germany
$202K
PNC Financial Services Group
13
PNC Financial Services Group
Pennsylvania
$99K
WAM
14
Wolverine Asset Management
Illinois
$36K +$37K +2,150 New
Morgan Stanley
15
Morgan Stanley
New York
$29K -$2.05K -119 -6%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$17K +$13.8K +800 +471%
UBS Group
17
UBS Group
Switzerland
$15K +$6.82K +396 +89%
BBPWM
18
Blue Bell Private Wealth Management
Pennsylvania
$5K
BI
19
Bulldog Investors
New Jersey
$3.5K -$3.18M -184,468 -47%
Bank of America
20
Bank of America
North Carolina
$3K +$2.77K +161 New
BFM
21
Boothbay Fund Management
New York
-$2.22M -124,142 Closed
MC
22
Matisse Capital
Oregon
-$947K -52,878 Closed
TRCT
23
Tower Research Capital (TRC)
New York
+$17 +1 New

TWN Hedge Fund Activity: Q2 2019 in Review

21 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q2 2019, worth a combined $109M — down 11% from $123M 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 6 trimmed.

The largest buyer was Lazard Asset Management, adding an estimated $2.79M. The largest seller was Bulldog Investors, cutting an estimated $3.18M.

  • 21 institutional investors held Taiwan Fund (TWN) as of Q2 2019, unchanged from Q1 2019.
  • Funds reported $109M of Taiwan Fund stock for Q2 2019, down 11% quarter-over-quarter.
  • 3 funds opened new Taiwan Fund positions in Q2 2019 and 2 closed out, a net change of +1 holder.
  • The largest Taiwan Fund buyer in Q2 2019 was Lazard Asset Management, an estimated $2.79M added.
  • The largest Taiwan Fund seller in Q2 2019 was Bulldog Investors, an estimated $3.18M sold.

Based on aggregated 13F filings for Q2 2019.