361 Capital adds Templeton Dragon Fund Inc (TDF) to its portfolio

Templeton Dragon Fund Inc (TDF) : 361 Capital added new position in Templeton Dragon Fund Inc during the most recent quarter end. The investment management firm now holds 2,889 shares of Templeton Dragon Fund Inc which is valued at $48,160 , the company said in a statement filed on Nov 14, 2016 with the SEC.Templeton Dragon Fund Inc makes up approximately 0.44% of 361 Capital’s portfolio.

Other Hedge Funds, Including , Tfs Capital reduced its stake in TDF by selling 658 shares or 3.02% in the most recent quarter. The Hedge Fund company now holds 21,153 shares of TDF which is valued at $358,120. Templeton Dragon Fund Inc makes up approx 0.09% of Tfs Capital’s portfolio.City Of London Investment Management Co Ltd boosted its stake in TDF in the latest quarter, The investment management firm added 156,219 additional shares and now holds a total of 9,695,348 shares of Templeton Dragon Fund Inc which is valued at $164,142,242. Templeton Dragon Fund Inc makes up approx 13.20% of City Of London Investment Management Co Ltd’s portfolio.Geode Capital Management boosted its stake in TDF in the latest quarter, The investment management firm added 4,206 additional shares and now holds a total of 23,680 shares of Templeton Dragon Fund Inc which is valued at $400,902.Tocqueville Asset Management reduced its stake in TDF by selling 20,800 shares or 21.57% in the most recent quarter. The Hedge Fund company now holds 75,615 shares of TDF which is valued at $1,306,627. Templeton Dragon Fund Inc makes up approx 0.02% of Tocqueville Asset Management’s portfolio.

Templeton Dragon Fund Inc. is a closed-end management investment fund. The Fund seeks long-term capital appreciation by investing at least 45% of its total assets in equity securities of China companies. It is focused on investing directly in shares of China-incorporated Hong Kong Stock Exchange-listed companies; shares that trade on the Shanghai or Shenzhen stock exchanges in either United States or Hong Kong dollars and shares of Hong Kong Stock Exchange-listed companies with exposure to China. The Fund invests in various sectors including energy sector which comprises oil gas and consumable fuels; the consumer staples sector which comprises beverages food and staples retailing and food products; the telecommunication services sector which comprises telecommunication and wireless telecommunication services and the industrials sectors comprising commercial services and supplies among others. The Fund’s investment manager is Templeton Asset Management Ltd.

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