JAPAN SMALLER CAPITALIZATION FUND INC (JOF) — Institutional Holders, Q2 2026
57 institutional investment managers reported a JOF position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $242.6M. Every filer is listed below, ranked by position value. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
JOF in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- Saba Capital Management, L.P.Added · +346,975 sh+$4.1M
- CITY OF LONDON INVESTMENT MANAGEMENT LTDAdded · +174,562 sh+$2.1M
- FLAGSHIP HARBOR ADVISORSNew · +162,571 sh+$1.9M
- Bulldog Investors, LLPAdded · +83,376 sh+$982.2K
- LAZARD ASSET MANAGEMENTAdded · +60,365 sh+$711.1K
Biggest sellers
- 1607 Capital PartnersTrimmed · -860,491 sh-$10.1M
- Allspring Global InvestmentsTrimmed · -592,502 sh-$7.0M
- MORGAN STANLEYTrimmed · -246,176 sh-$2.9M
- Verition Fund ManagementTrimmed · -175,907 sh-$2.1M
- Focus Partners WealthSold out · -111,255 sh-$1.3M
JOF 13F holders ranked 1–57 of 57
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | Allspring Global Investments#1 · 4,483,067 sh | 4,483,067 | $52.8M | 0.08% | -11.7% |
| 2 | CITY OF LONDON INVESTMENT MANAGEMENT LTD#2 · 3,894,571 sh | 3,894,571 | $45.9M | 2.76% | +4.7% |
| 3 | LAZARD ASSET MANAGEMENT#3 · 3,560,978 sh | 3,560,978 | $41.9M | 0.06% | +1.7% |
| 4 | 1607 Capital Partners#4 · 2,724,109 sh | 2,724,109 | $32.1M | 2.79% | -24.0% |
| 5 | Saba Capital Management, L.P.#5 · 1,948,781 sh | 1,948,781 | $23.0M | 0.59% | +21.7% |
| 6 | BANK OF AMERICA#6 · 443,293 sh | 443,293 | $5.2M | <0.01% | 0.0% |
| 7 | Karpus Management#7 · 417,754 sh | 417,754 | $4.9M | 0.14% | -4.3% |
| 8 | Almitas Capital#8 · 386,375 sh | 386,375 | $4.6M | 1.09% | -4.1% |
| 9 | MORGAN STANLEY#9 · 289,647 sh | 289,647 | $3.4M | <0.01% | -45.9% |
| 10 | Pekin Hardy Strauss#10 · 281,705 sh | 281,705 | $3.3M | 0.29% | +20.1% |
| 11 | Mraz, Amerine & Associates#11 · 202,362 sh | 202,362 | $2.4M | 0.34% | +3.5% |
| 12 | Bulldog Investors, LLP#12 · 187,557 sh | 187,557 | $2.2M | 0.49% | +80.0% |
| 13 | FLAGSHIP HARBOR ADVISORS#13 · 162,571 sh | 162,571 | $1.9M | — | New |
| 14 | LPL Financial#14 · 150,688 sh | 150,688 | $1.8M | <0.01% | +26.5% |
| 15 | Altium Capital Management#15 · 150,412 sh | 150,412 | $1.8M | 3.73% | 0.0% |
| 16 | RAFFLES ASSOCIATES#16 · 110,967 sh | 110,967 | $1.3M | 1.18% | 0.0% |
| 17 | RAYMOND JAMES FINANCIAL#17 · 106,861 sh | 106,861 | $1.3M | <0.01% | +0.6% |
| 18 | CIBC WORLD MARKET#18 · 105,444 sh | 105,444 | $1.2M | <0.01% | +11.8% |
| 19 | Hara Capital#19 · 98,764 sh | 98,764 | $1.2M | 0.61% | -1.2% |
| 20 | Shaker Financial Services#20 · 93,079 sh | 93,079 | $1.1M | — | +3.3% |
| 21 | Verition Fund Management#21 · 79,538 sh | 79,538 | $937.0K | <0.01% | -68.9% |
| 22 | CSS#22 · 68,679 sh | 68,679 | $809.0K | 0.03% | +171.5% |
| 23 | Baird Financial Group#23 · 63,423 sh | 63,423 | $747.1K | <0.01% | 0.0% |
| 24 | BARD ASSOCIATES#24 · 58,289 sh | 58,289 | $686.6K | 0.15% | +48.6% |
| 25 | Barry Investment Advisors#25 · 57,510 sh | 57,510 | $677.5K | — | -50.2% |
| 26 | HRT FINANCIAL#26 · 42,242 sh | 42,242 | $497.0K | <0.01% | New |
| 27 | Corient Private Wealth#27 · 42,100 sh | 42,100 | $495.9K | <0.01% | +0.8% |
| 28 | CITADEL ADVISORS#28 · 38,815 sh | 38,815 | $457.2K | <0.01% | New |
| 29 | Quantinno Capital Management#29 · 36,100 sh | 36,100 | $425.3K | <0.01% | +2.3% |
| 30 | Dynamic Advisor Solutions#30 · 34,366 sh | 34,366 | $404.8K | — | 0.0% |
| 31 | DKM Wealth Management#31 · 34,001 sh | 34,001 | $400.5K | — | 0.0% |
| 32 | BEAM WEALTH ADVISORS#32 · 24,500 sh | 24,500 | $288.6K | 0.06% | 0.0% |
| 33 | READYSTATE ASSET MANAGEMENT#33 · 22,249 sh | 22,249 | $262.1K | <0.01% | New |
| 34 | Triasima Portfolio Management#34 · 21,800 sh | 21,800 | $256.8K | — | 0.0% |
| 35 | INGALLS & SNYDER#35 · 20,000 sh | 20,000 | $236.0K | <0.01% | 0.0% |
| 36 | SAX WEALTH ADVISORS#36 · 21,395 sh | 21,395 | $233.2K | — | -21.4% |
| 37 | ROBERTS GLORE#37 · 17,633 sh | 17,633 | $207.7K | 0.05% | 0.0% |
| 38 | XTX Topco Ltd#38 · 16,076 sh | 16,076 | $189.4K | <0.01% | New |
| 39 | Successful Portfolios#39 · 15,000 sh | 15,000 | $175.9K | — | 0.0% |
| 40 | Mills Wealth Advisors#40 · 12,823 sh | 12,823 | $151.1K | — | -48.3% |
| 41 | Sanctuary Advisors#41 · 12,300 sh | 12,300 | $144.9K | <0.01% | New |
| 42 | WELLS FARGO & COMPANY#42 · 10,292 sh | 10,292 | $121.2K | 0.00% | +133.2% |
| 43 | North Ground Capital#43 · 10,000 sh | 10,000 | $117.8K | 0.14% | New |
| 44 | OSAIC#44 · 9,184 sh | 9,184 | $108.3K | <0.01% | -12.3% |
| 45 | PNC FINANCIAL SERVICES GROUP#45 · 6,055 sh | 6,055 | $71.3K | 0.00% | 0.0% |
| 46 | Colonial Advisors#46 · 5,649 sh | 5,649 | $66.5K | <0.01% | -11.7% |
| 47 | Noble Wealth Management PBC#47 · 4,500 sh | 4,500 | $53.0K | — | -90.9% |
| 48 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT#48 · 3,900 sh | 3,900 | $45.8K | <0.01% | 0.0% |
| 49 | Integrated Wealth Concepts#49 · 3,000 sh | 3,000 | $35.3K | <0.01% | New |
| 50 | United Financial Planning Group#50 · 2,800 sh | 2,800 | $33.0K | 0.02% | New |
| 51 | JPMORGAN CHASE#51 · 2,107 sh | 2,107 | $25.0K | 0.00% | New |
| 52 | US BANCORP \DE\#52 · 1,525 sh | 1,525 | $18.0K | 0.00% | 0.0% |
| 53 | Thomas J. Herzfeld Advisors#53 · 783 sh | 783 | $9.2K | <0.01% | -31.9% |
| 54 | Ancora Advisors#54 · 500 sh | 500 | $5.9K | <0.01% | 0.0% |
| 55 | JONES FINANCIAL COMPANIES LLLP#55 · 333 sh | 333 | $3.8K | 0.00% | New |
| 56 | HIGHLINE WEALTH PARTNERS#56 · 200 sh | 200 | $2.4K | — | 0.0% |
| 57 | ASSETMARK#57 · 132 sh | 132 | $1.6K | — | New |
Funds that sold out of JOF in Q2 2026 (10)
Held JOF at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| Focus Partners Wealth111,255 sh | 111,255 | $1.2M |
| BLUE BELL PRIVATE WEALTH MANAGEMENT90,057 sh | 90,057 | $981.6K |
| EVOLVE PRIVATE WEALTH57,744 sh | 57,744 | $629.4K |
| Hudson Portfolio Management50,781 sh | 50,781 | $553.5K |
| Independent Advisor Alliance19,800 sh | 19,800 | $215.8K |
| Quantedge Capital Pte Ltd12,022 sh | 12,022 | $131.0K |
| JANE STREET GROUP11,470 sh | 11,470 | $125.0K |
| WOLVERINE ASSET MANAGEMENT10,321 sh | 10,321 | $112.5K |
| Western Wealth Management4,627 sh | 4,627 | $50.4K |
| ROYAL BANK OF CANADA1,000 sh | 1,000 | $11.0K |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.