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TWN

Taiwan Fund

26 hedge funds and large institutions have $130M invested in Taiwan Fund in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.39% less ownership

Funds ownership: 84.62%83.24% (-1.4%)

7% less funds holding

Funds holding: 2826 (-2)

14% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 7

18% less capital invested

Capital invested by funds: $159M → $130M (-$28.5M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
26
Holders Change
-2
Holders Change %
-7.14%
% of All Funds
0.45%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
2
Increased
6
Reduced
7
Closed
4
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
$62M +$3.24M +132,186 +5%
Lazard Asset Management
2
Lazard Asset Management
New York
$29.2M -$813K -33,134 -2%
Allspring Global Investments
3
Allspring Global Investments
North Carolina
$12.9M +$647K +26,387 +5%
1CP
4
1607 Capital Partners
Virginia
$12.6M -$381K -15,532 -3%
BI
5
Bulldog Investors
New Jersey
$4.78M -$2.47M -100,568 -31%
KIM
6
Karpus Investment Management
New York
$2.77M -$169K -6,909 -5%
SO
7
STRS Ohio
Ohio
$1.47M
CL
8
CSS LLC
Illinois
$1.19M +$236K +9,624 +21%
SCM
9
Saba Capital Management
New York
$1.17M
SFS
10
Shaker Financial Services
Virginia
$713K
Wells Fargo
11
Wells Fargo
California
$392K -$112K -4,564 -20%
Deutsche Bank
12
Deutsche Bank
Germany
$251K
HPM
13
Hudson Portfolio Management
New York
$216K
WAM
14
Wolverine Asset Management
Illinois
$186K +$183K +7,454 +523%
Morgan Stanley
15
Morgan Stanley
New York
$177K -$36.9K -1,505 -15%
AC
16
Almitas Capital
California
$150K +$71.1K +2,898 +68%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$122K
Osaic Holdings
18
Osaic Holdings
Arizona
$41K
UBS Group
19
UBS Group
Switzerland
$37K +$11.5K +469 +35%
Bank of America
20
Bank of America
North Carolina
$31K -$7.7K -314 -18%
BBPWM
21
Blue Bell Private Wealth Management
Pennsylvania
$15K
TJHA
22
Thomas J. Herzfeld Advisors
Florida
$10K
Rockefeller Capital Management
23
Rockefeller Capital Management
New York
$7K
AA
24
Ancora Advisors
Ohio
$4K
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$3K +$3.36K +137 New

TWN Hedge Fund Activity: Q3 2022 in Review

26 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Taiwan Fund (TWN) for Q3 2022, worth a combined $130M — down 18% from $159M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of TWN and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 6 added.

The largest buyer was City of London Investment Management, adding an estimated $3.24M. The largest seller was Bulldog Investors, cutting an estimated $2.47M.

  • 26 institutional investors held Taiwan Fund (TWN) as of Q3 2022, down from 28 in Q2 2022.
  • Funds reported $130M of Taiwan Fund stock for Q3 2022, down 18% quarter-over-quarter.
  • 2 funds opened new Taiwan Fund positions in Q3 2022 and 4 closed out, a net change of -2 holders.
  • The largest Taiwan Fund buyer in Q3 2022 was City of London Investment Management, an estimated $3.24M added.
  • The largest Taiwan Fund seller in Q3 2022 was Bulldog Investors, an estimated $2.47M sold.

Based on aggregated 13F filings for Q3 2022.