Raffles Associates LP Invests $1.31 Million in Japan Smaller Capitalization Fund, Inc. $JOF

Raffles Associates LP purchased a new stake in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 110,967 shares of the company’s stock, valued at approximately $1,307,000. Japan Smaller Capitalization Fund accounts for approximately 1.2% of Raffles Associates LP’s portfolio, making the stock its 22nd largest holding.

Several other institutional investors also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of Japan Smaller Capitalization Fund by 144.7% during the fourth quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock worth $39,000 after buying an additional 3,038 shares during the last quarter. International Assets Investment Management LLC bought a new position in Japan Smaller Capitalization Fund during the fourth quarter worth $43,000. Western Wealth Management LLC acquired a new position in Japan Smaller Capitalization Fund during the 1st quarter valued at $50,000. Colonial Trust Advisors bought a new stake in Japan Smaller Capitalization Fund in the 4th quarter valued at $104,000. Finally, Quantedge Capital Pte Ltd acquired a new stake in Japan Smaller Capitalization Fund in the 1st quarter worth $131,000.

Japan Smaller Capitalization Fund Stock Performance

NYSE:JOF opened at $12.44 on Wednesday. The firm’s 50-day moving average is $11.81 and its 200-day moving average is $11.56. Japan Smaller Capitalization Fund, Inc. has a 52-week low of $9.94 and a 52-week high of $12.76.

Japan Smaller Capitalization Fund Company Profile

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.