Taiwan Fund Inc. (TWN) Holdings Trimmed by Wolverine Asset Management LLC
Wolverine Asset Management LLC reduced its stake in shares of Taiwan Fund Inc. (NYSE:TWN) by 11.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,492 shares of the company’s stock after selling 4,248 shares during the period. Wolverine Asset Management LLC’s holdings in Taiwan Fund were worth $698,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in TWN. City of London Investment Management Co. Ltd. grew its holdings in Taiwan Fund by 0.8% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 3,508,359 shares of the company’s stock worth $72,272,000 after acquiring an additional 27,151 shares in the last quarter. Karpus Management Inc. grew its holdings in Taiwan Fund by 47.6% during the 3rd quarter. Karpus Management Inc. now owns 156,564 shares of the company’s stock worth $3,222,000 after acquiring an additional 50,497 shares in the last quarter. Gramercy Funds Management LLC grew its holdings in Taiwan Fund by 21.5% during the 4th quarter. Gramercy Funds Management LLC now owns 174,359 shares of the company’s stock worth $3,639,000 after acquiring an additional 30,865 shares in the last quarter. Finally, Bulldog Investors LLC grew its holdings in Taiwan Fund by 154.0% during the 4th quarter. Bulldog Investors LLC now owns 297,297 shares of the company’s stock worth $6,211,000 after acquiring an additional 180,254 shares in the last quarter. 67.21% of the stock is owned by institutional investors.
Taiwan Fund Inc. (NYSE:TWN) opened at $21.13 on Wednesday. Taiwan Fund Inc. has a fifty-two week low of $17.19 and a fifty-two week high of $22.25.
About Taiwan Fund
The Taiwan Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is to seek long-term capital appreciation through investment primarily in equity securities listed on the Taiwan Stock Exchange (TSE) in the Republic of China (ROC). The Fund invests in various sectors, including biotechnology and medical care; building material and construction; cement; chemical; communications and Internet; computer and peripheral equipment; electric and machinery; electronic parts and components; financial and insurance; foods; oil, gas and electricity; optoelectronic; plastics; semiconductor; shipping and transportation; textiles, and trading and consumers’ goods.
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