Vault-13

TAIWAN FD INC TWN

COM · Closed-End Fund · CUSIP 874036106

34 institutional holders +4 vs Q1 2024
5,758,8275.8m shares reported held*
$252.9mreported value*
4 new 8 added 13 reduced 1 sold out net sold ≈ $9.2m (-210.0k shares)

* 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 ≈ $43.92.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 27Q4 22: 28Q1 23: 29Q2 23: 28Q3 23: 32Q4 23: 30Q1 24: 30Q2 24: 3434Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202227
Q4 202228
Q1 202329
Q2 202328
Q3 202332
Q4 202330
Q1 202430
Q2 202434

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 10 bought or addedQ4 22: 7 cut or sold outQ4 22Q1 23: 11 bought or addedQ1 23: 11 cut or sold outQ2 23: 11 bought or addedQ2 23: 11 cut or sold outQ2 23Q3 23: 12 bought or addedQ3 23: 12 cut or sold outQ4 23: 17 bought or addedQ4 23: 11 cut or sold outQ4 23Q1 24: 11 bought or addedQ1 24: 14 cut or sold outQ2 24: 12 bought or addedQ2 24: 14 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022107
Q1 20231111
Q2 20231111
Q3 20231212
Q4 20231711
Q1 20241114
Q2 20241214

Biggest buyers

CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Added +55,274+55.3k
Atlas Wealth LLC New +45,015+45.0k
Thomas J. Herzfeld Advisors, Inc. Added +21,373+21.4k
Allspring Global Investments Holdings, LLC Added +17,096+17.1k
Quantedge Capital Pte Ltd New +8,369+8.4k
HighTower Advisors, LLC New +5,507+5.5k
Matisse Capital Added +4,000+4.0k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Added +3,932+3.9k
CIBC Private Wealth Group LLC New +2,085+2.1k
UBS Group AG Added +1,126+1.1k

Biggest sellers

1607 Capital Partners, LLC Reduced -117,444-117.4k
LAZARD ASSET MANAGEMENT LLC Reduced -87,933-87.9k
Bulldog Investors, LLP Reduced -39,455-39.5k
Karpus Management, Inc. Reduced -38,732-38.7k
OSAIC HOLDINGS, INC. Reduced -38,090-38.1k
WOLVERINE ASSET MANAGEMENT LLC Reduced -18,397-18.4k
Almitas Capital LLC Reduced -11,651-11.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -7,415-7.4k
MORGAN STANLEY Reduced -5,610-5.6k
PNC Financial Services Group, Inc. Reduced -2,740-2.7k

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.

HolderStakeChangeShares Last filed
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 13G · institution -1.4 pts · filed 2026-07-24 38.2% -1.4 pts 2.1m≈ $204.5m 2026-07-24
LAZARD ASSET MANAGEMENT LLC 13G · institution -1.7 pts · filed 2026-05-15 16.3% -1.7 pts 923.8k≈ $88.8m 2026-05-15
Allspring Global Investments Holdings, LLC 13G · institution -1.7 pts · filed 2026-01-08 8.6% -1.7 pts 511.4k≈ $49.2m 2026-01-08

Insider purchases and sales in Q2 2024

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 1 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 1 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——
Q2 20230—0——
Q3 20231$30.1k0——
Q4 20230—0——
Q1 20241$38.2k0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 10.29% of their portfolio London, X0 2,738,2232.7m $120.3m $120.3m 10.29% Added +55.3k +55,274
2 LAZARD ASSET MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 1,156,6201.2m $50.8m $50.8m 0.06% Reduced -87.9k -87,933
3 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 854,886854.9k $37.6m $37.6m 0.06% Added +17.1k +17,096
4 1607 Capital Partners, LLC 1.48% of their portfolio Richmond, VA 377,180377.2k $16.6m $16.6m 1.48% Reduced -117.4k -117,444
5 Karpus Management, Inc. 0.10% of their portfolio Pittsford, NY 80,86880.9k $3.6m $3.6m 0.10% Reduced -38.7k -38,732
6 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 70,00070.0k $3.1m $3.1m 0.01% Unchanged
7 Matisse Capital 1.50% of their portfolio PORTLAND, OR 69,00069.0k $3.0m $3.0m 1.50% Added +4.0k +4,000
8 Thomas J. Herzfeld Advisors, Inc. 1.03% of their portfolio MIAMI BEACH, FL 66,99367.0k $2.9m $2.9m 1.03% Added +21.4k +21,373
9 Bulldog Investors, LLP 1.00% of their portfolio SADDLE BROOK, NJ 60,60960.6k $2.7m $2.7m 1.00% Reduced -39.5k -39,455
10 CSS LLC/IL 0.17% of their portfolio CHICAGO, IL 53,34353.3k $2.3m $2.3m 0.17% Reduced -2.5k -2,529
11 Atlas Wealth LLC 0.23% of their portfolio CINCINNATI, OH 45,01545.0k $2.0m $2.0m 0.23% New
12 Saba Capital Management, L.P. 0.03% of their portfolio NEW YORK, NY 35,25435.3k $1.5m $1.5m 0.03% Unchanged
13 Shaker Financial Services, LLC 0.55% of their portfolio Arlington, VA 30,98131.0k $1.4m $1.4m 0.55% Reduced -2.3k -2,291
14 Almitas Capital LLC 0.51% of their portfolio SANTA MONICA, CA 27,64427.6k $1.2m $1.2m 0.51% Reduced -11.7k -11,651
15 Banque Cantonale Vaudoise 0.04% of their portfolio LAUSANNE, V8 25,00025.0k $1.1m $1.1m 0.04% Unchanged
16 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 18,63518.6k $714.9k $714.9k 0.01% First filing
17 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.06% of their portfolio Englewood, NJ 17,43117.4k $765.9k $765.9k 0.06% Added +3.9k +3,932
18 Quantedge Capital Pte Ltd 0.13% of their portfolio Singapore, U0 8,3698.4k $367.7k $367.7k 0.13% New
19 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 5,5075.5k $244.0k $244.0k 0.00% New
20 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 3,0853.1k $135.6k $135.6k 0.00% Reduced -2.7k -2,740
21 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 2,8542.9k $125.4k $125.4k 0.00% Reduced -18.4k -18,397
22 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 2,0852.1k $93.8k $93.8k 0.00% New
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,9021.9k $83.6k $83.6k 0.00% Reduced -5.6k -5,610
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,6701.7k $73.4k $73.4k 0.00% Added +271 +271
25 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.01% of their portfolio BLUE BELL, PA 1,6071.6k $70.6k $70.6k 0.01% Unchanged
26 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,6061.6k $70.6k $70.6k 0.00% Added +1.1k +1,126
27 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1,1921.2k $52.4k $52.4k 0.00% Unchanged
28 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 818818 $35.9k $35.9k 0.00% Reduced -38.1k -38,090
29 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 200200 $8.8k $8.8k 0.00% Unchanged
30 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 143143 $6.0k $6.0k 0.00% Added +27 +27
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 105105 $5.0k $5.0k 0.00% Reduced -2 -2
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $33 $33 0.00% Reduced -1.8k -1,812
33 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 11 $44 $44 0.00% Unchanged
34 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged