TAIWAN FD INC TWN
COM · Closed-End Fund · CUSIP 874036106
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $31.37.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 28 |
| Q1 2023 | 29 |
| Q2 2023 | 28 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 10 | 7 |
| Q1 2023 | 11 | 11 |
| Q2 2023 | 11 | 11 |
Biggest buyers
| Allspring Global Investments Holdings, LLC | Added | +67.7k |
| MORGAN STANLEY | Added | +14.5k |
| Almitas Capital LLC | Added | +12.4k |
| HighTower Advisors, LLC | New | +8.1k |
| 1607 Capital Partners, LLC | Added | +4.5k |
| LAZARD ASSET MANAGEMENT LLC | Added | +2.6k |
| Thomas J. Herzfeld Advisors, Inc. | Added | +1.7k |
| JPMORGAN CHASE & CO | New | +1.4k |
| Atlas Wealth LLC | Added | +654 |
| CSS LLC/IL | Added | +500 |
Biggest sellers
| STRS OHIO | Reduced | -140.0k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Reduced | -20.9k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -6.6k |
| Karpus Management, Inc. | Reduced | -2.9k |
| Saba Capital Management, L.P. | Reduced | -2.5k |
| Advisory Services Network, LLC | Sold out | -2.0k |
| WELLS FARGO & COMPANY/MN | Reduced | -1.2k |
| OSAIC HOLDINGS, INC. | Reduced | -900 |
| Tower Research Capital LLC (TRC) | Sold out | -300 |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | Reduced | -182 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 13G · institution -1.4 pts · filed 2026-07-24 | 38.2% |
| LAZARD ASSET MANAGEMENT LLC 13G · institution -1.7 pts · filed 2026-05-15 | 16.3% |
| Allspring Global Investments Holdings, LLC 13G · institution -1.7 pts · filed 2026-01-08 | 8.6% |
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 7.52% of their portfolio | 3.0m $93.0m | Reduced -20.9k |
| LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio | 1.2m $37.4m | Added +2.6k |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 804.0k $25.2m | Added +67.7k |
| 1607 Capital Partners, LLC 1.45% of their portfolio | 647.2k $20.3m | Added +4.5k |
| Bulldog Investors, LLP 2.36% of their portfolio | 227.4k $7.1m | Unchanged |
| Karpus Management, Inc. 0.11% of their portfolio | 116.7k $3.7m | Reduced -2.9k |
| STRS OHIO 0.01% of their portfolio | 70.0k $2.2m | Reduced -140.0k |
| Almitas Capital LLC 0.95% of their portfolio | 66.5k $2.2m | Added +12.4k |
| CSS LLC/IL 0.15% of their portfolio | 60.5k $1.9m | Added +500 |
| Atlas Wealth LLC 0.29% of their portfolio | 47.2k $1.6m | Added +654 |
| Shaker Financial Services, LLC 0.46% of their portfolio | 33.9k $1.1m | Unchanged |
| Saba Capital Management, L.P. 0.03% of their portfolio | 29.7k $929.2k | Reduced -2.5k |
| MORGAN STANLEY 0.00% of their portfolio | 23.2k $725.8k | Added +14.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 11.9k $373.8k | Unchanged |
| Matisse Capital 0.22% of their portfolio | 11.4k $356.2k | Unchanged |
| Hudson Portfolio Management LLC 0.35% of their portfolio | 10.1k $317.5k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 8.1k $246.0k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 5.8k $182.5k | Unchanged |
| Thomas J. Herzfeld Advisors, Inc. 0.03% of their portfolio | 2.4k $74.8k | Added +1.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4k $45.4k | Reduced -6 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.4k $44.3k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 708 $22.2k | Reduced -1.2k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio | 518 $16.2k | Reduced -182 |
| UBS Group AG 0.00% of their portfolio | 447 $14.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 420 $13.2k | Reduced -900 |
| Ancora Advisors LLC 0.00% of their portfolio | 200 $6.3k | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 170 $5.0k | Added +22 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |