Taiwan Fund
TWN
21 hedge funds and large institutions have $105M invested in Taiwan Fund in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
1.63% more ownership
Funds ownership: 83.7% → 85.33% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 22 → 21 (-1)
21% less capital invested
Capital invested by funds: $133M → $105M (-$27.8M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.18M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$751K |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$443K |
| 4 |
HF
HRT Financial
New York
|
+$285K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$266K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.85M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.58M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$450K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$445K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$343K |
TWN Hedge Fund Activity: Q1 2020 in Review
21 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q1 2020, worth a combined $105M — down 21% from $133M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TWN and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 8 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.18M. The largest seller was City of London Investment Management, cutting an estimated $1.85M.
- 21 institutional investors held Taiwan Fund (TWN) as of Q1 2020, down from 22 in Q4 2019.
- Funds reported $105M of Taiwan Fund stock for Q1 2020, down 21% quarter-over-quarter.
- 3 funds opened new Taiwan Fund positions in Q1 2020 and 4 closed out, a net change of -1 holder.
- The largest Taiwan Fund buyer in Q1 2020 was 1607 Capital Partners, an estimated $1.18M added.
- The largest Taiwan Fund seller in Q1 2020 was City of London Investment Management, an estimated $1.85M sold.
Based on aggregated 13F filings for Q1 2020.