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TWN

Taiwan Fund

22 hedge funds and large institutions have $133M invested in Taiwan Fund in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 6

9% more capital invested

Capital invested by funds: $122M → $133M (+$11.4M)

0% more funds holding

Funds holding: 2222 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

1.64% less ownership

Funds ownership: 85.34%83.7% (-1.6%)

Holders
22
Holders Change
Holders Change %
0%
% of All Funds
0.43%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
9
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
$65.9M -$432K -21,080 -0.7%
Lazard Asset Management
2
Lazard Asset Management
New York
$31.2M -$242K -11,800 -0.8%
1CP
3
1607 Capital Partners
Virginia
$10.8M +$300K +14,646 +3%
Wells Fargo
4
Wells Fargo
California
$7.9M +$117K +5,695 +2%
BI
5
Bulldog Investors
New Jersey
$5.09M +$643K +31,397 +15%
KIM
6
Karpus Investment Management
New York
$2.88M +$172K +8,397 +6%
CL
7
CSS LLC
Illinois
$1.67M +$231K +11,264 +16%
TJHA
8
Thomas J. Herzfeld Advisors
Florida
$1.58M -$435K -21,221 -22%
SO
9
STRS Ohio
Ohio
$1.44M
MC
10
Matisse Capital
Oregon
$1.08M +$841K +41,082 +363%
WAM
11
Wolverine Asset Management
Illinois
$691K +$147K +7,161 +27%
BFM
12
Boothbay Fund Management
New York
$657K +$307K +15,000 +89%
Aberdeen Group
13
Aberdeen Group
United Kingdom
$563K -$4.7M -229,685 -89%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$450K -$8.27K -404 -2%
CA
15
Cornerstone Advisors
North Carolina
$445K +$443K +21,637 New
SFS
16
Shaker Financial Services
Virginia
$257K
Deutsche Bank
17
Deutsche Bank
Germany
$245K
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$120K
Bank of America
19
Bank of America
North Carolina
$39K +$35.4K +1,731 +1,117%
Morgan Stanley
20
Morgan Stanley
New York
$33K
UBS Group
21
UBS Group
Switzerland
$29K -$2.85K -139 -9%
AA
22
Ancora Advisors
Ohio
$4K +$4.09K +200 New
BBPWM
23
Blue Bell Private Wealth Management
Pennsylvania
-$6K -320 Closed
TRCT
24
Tower Research Capital (TRC)
New York
-$4K -200 Closed

TWN Hedge Fund Activity: Q4 2019 in Review

22 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q4 2019, worth a combined $133M — up 9.4% from $122M a quarter earlier.

Fund positioning in TWN was balanced in Q4 2019: 2 funds opened new positions, 2 closed out, 9 added to existing stakes and 6 trimmed.

The largest buyer was Matisse Capital, adding an estimated $841K. The largest seller was Aberdeen Group, cutting an estimated $4.7M.

  • 22 institutional investors held Taiwan Fund (TWN) as of Q4 2019, unchanged from Q3 2019.
  • Funds reported $133M of Taiwan Fund stock for Q4 2019, up 9.4% quarter-over-quarter.
  • 2 funds opened new Taiwan Fund positions in Q4 2019 and 2 closed out, a net change of 0 holders.
  • The largest Taiwan Fund buyer in Q4 2019 was Matisse Capital, an estimated $841K added.
  • The largest Taiwan Fund seller in Q4 2019 was Aberdeen Group, an estimated $4.7M sold.

Based on aggregated 13F filings for Q4 2019.