North Star Asset Management Inc. Has $1.96 Million Stake in Templeton Dragon Fund Inc (TDF)

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North Star Asset Management Inc. trimmed its position in Templeton Dragon Fund Inc (NYSE:TDF) by 4.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,407 shares of the financial services provider’s stock after selling 4,135 shares during the quarter. North Star Asset Management Inc.’s holdings in Templeton Dragon Fund were worth $1,961,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Shepherd Kaplan Krochuk LLC lifted its stake in shares of Templeton Dragon Fund by 31.7% in the second quarter. Shepherd Kaplan Krochuk LLC now owns 23,240 shares of the financial services provider’s stock worth $495,000 after buying an additional 5,590 shares during the last quarter. Guggenheim Capital LLC raised its stake in Templeton Dragon Fund by 28.6% during the 1st quarter. Guggenheim Capital LLC now owns 27,470 shares of the financial services provider’s stock valued at $611,000 after purchasing an additional 6,115 shares during the last quarter. Quad Cities Investment Group LLC acquired a new position in Templeton Dragon Fund during the 2nd quarter valued at $216,000. Uncommon Cents Investing LLC raised its stake in Templeton Dragon Fund by 4.0% during the 2nd quarter. Uncommon Cents Investing LLC now owns 319,219 shares of the financial services provider’s stock valued at $6,803,000 after purchasing an additional 12,230 shares during the last quarter. Finally, Rothschild Investment Corp IL raised its stake in Templeton Dragon Fund by 70.7% during the 3rd quarter. Rothschild Investment Corp IL now owns 33,700 shares of the financial services provider’s stock valued at $672,000 after purchasing an additional 13,960 shares during the last quarter. Institutional investors and hedge funds own 48.46% of the company’s stock.

In related news, major shareholder City Of London Investment Grou sold 271,088 shares of the company’s stock in a transaction on Tuesday, September 18th. The shares were sold at an average price of $19.29, for a total transaction of $5,229,287.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NYSE:TDF opened at $16.63 on Tuesday. Templeton Dragon Fund Inc has a one year low of $16.45 and a one year high of $24.65.

Templeton Dragon Fund Company Profile

Templeton Dragon Fund, Inc is a closed ended equity mutual fund launched by Franklin Resources, Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of China. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.

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Institutional Ownership by Quarter for Templeton Dragon Fund (NYSE:TDF)

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