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Japan Smaller Capitalization Fund Inc

JOF
Exchange
NYSE
SEC CIK
0000859796

No open-market purchases or sales by Japan Smaller Capitalization Fund Inc insiders were filed in the last 90 days; 56 institutions reported holding it in 13F filings for Q2 2026, worth $243.9M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Japan Smaller Capitalization Fund Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
51
+5 vs. Q3 2025
Shares held
22.1M
+65.2K (+0.3%) vs. Q3 2025
Total value
$245.1M
+$13.2M (+5.7%) vs. Q3 2025
New holders
11
10 more added
Sold out
6
20 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting JOF on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 51 institutions
Q1 2021: 50 institutionsQ2 2021: 51 institutionsQ3 2021: 49 institutionsQ4 2021: 55 institutionsQ1 2022: 50 institutionsQ2 2022: 51 institutionsQ3 2022: 46 institutionsQ4 2022: 47 institutionsQ1 2023: 49 institutionsQ2 2023: 47 institutionsQ3 2023: 51 institutionsQ4 2023: 50 institutionsQ1 2024: 50 institutionsQ2 2024: 50 institutionsQ3 2024: 57 institutionsQ4 2024: 56 institutionsQ1 2025: 53 institutionsQ2 2025: 50 institutionsQ3 2025: 46 institutionsQ4 2025: 51 institutionsQ1 2026: 55 institutionsQ2 2026: 56 institutions
Value heldQ4 2025: $245.1M
Q1 2021: $214.3MQ2 2021: $204.4MQ3 2021: $205.6MQ4 2021: $177.1MQ1 2022: $159.1MQ2 2022: $140.0MQ3 2022: $129.7MQ4 2022: $146.1MQ1 2023: $157.9MQ2 2023: $161.2MQ3 2023: $158.6MQ4 2023: $173.5MQ1 2024: $178.0MQ2 2024: $167.8MQ3 2024: $191.0MQ4 2024: $175.6MQ1 2025: $187.2MQ2 2025: $216.2MQ3 2025: $237.0MQ4 2025: $245.1MQ1 2026: $238.2MQ2 2026: $243.9M
Institutions holding JOF and their total value by quarter
QuarterHoldersValue
Q2 202656$243.9M
Q1 202655$238.2M
Q4 202551$245.1M
Q3 202546$237.0M
Q2 202550$216.2M
Q1 202553$187.2M
Q4 202456$175.6M
Q3 202457$191.0M
Q2 202450$167.8M
Q1 202450$178.0M
Q4 202350$173.5M
Q3 202351$158.6M
Q2 202347$161.2M
Q1 202349$157.9M
Q4 202247$146.1M
Q3 202246$129.7M
Q2 202251$140.0M
Q1 202250$159.1M
Q4 202155$177.1M
Q3 202149$205.6M
Q2 202151$204.4M
Q1 202150$214.3M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Japan Smaller Capitalization Fund Inc; share changes are against Q3 2025.

Institutions holding JOF in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Allspring Global Investments Holdings, LLC5,495,862$60.9M0.10%+7,970+0.1%Added
1607 Capital Partners, LLC3,990,675$44.2M3.01%−160,628−3.9%Reduced
City of London Investment Management Co Ltd3,479,014$38.5M2.89%−41,054−1.2%Reduced
Lazard Asset Management LLC3,470,865$38.5M0.07%+1,157,842+50.1%Added
Saba Capital Management, L.P.1,632,530$18.1M0.61%−644,054−28.3%Reduced
Bank of America Corp569,213$6.31M0.00%−222,887−28.1%Reduced
Karpus Management, Inc.566,415$6.28M0.19%−95,673−14.5%Reduced
Almitas Capital LLC435,985$4.83M1.06%−45,657−9.5%Reduced
Morgan Stanley294,575$3.26M0.00%−16,760−5.4%Reduced
Bulldog Investors, LLP217,441$2.41M0.54%−507−0.2%Reduced
Pekin Hardy Strauss, Inc.205,920$2.28M0.21%+8,453+4.3%Added
Mraz, Amerine & Associates, Inc.174,710$1.94M0.29%+19,659+12.7%Added
Raffles Associates LP139,462$1.55M1.16%−7,827−5.3%Reduced
Colony Group, LLC122,289$1.35M0.00%+122,289New
Barry Investment Advisors, LLC115,120$1.28M0.28%−31,590−21.5%Reduced
Hara Capital LLC113,014$1.25M0.70%−15,398−12.0%Reduced
Raymond James Financial Inc106,962$1.19M0.00%+5,835+5.8%Added
Shaker Financial Services, LLC93,681$1.04M0.33%−3,894−4.0%Reduced
Blue Bell Private Wealth Management, LLC85,070$942.6K0.14%+11,764+16.0%Added
CIBC World Markets Inc.80,398$890.8K0.00%+21,698+37.0%Added
Baird Financial Group, Inc.63,928$708.3K0.00%−1,735−2.6%Reduced
Evolve Private Wealth, LLC57,890$641.4K0.04%+57,890New
LPL Financial LLC57,879$641.3K0.00%+57,879New
Barometer Capital Management Inc.2,450$595.1K0.14%−40,050−94.2%Reduced
Hudson Portfolio Management LLC50,781$562.7K0.48%00.0%Unchanged
Noble Wealth Management PBC47,378$524.9K0.26%−5,867−11.0%Reduced
Spectrum Asset Management, Inc. (NB/CA)47,055$521.4K0.17%+47,055New
Altium Capital Management LP39,775$440.7K1.74%+39,775New
Bard Associates Inc39,292$435.4K0.11%−8,467−17.7%Reduced
Dynamic Advisor Solutions LLC34,882$386.5K0.01%−38−0.1%Reduced
DKM Wealth Management, Inc.34,001$376.7K0.28%00.0%Unchanged
BEAM Asset Management, LLC30,500$337.9K0.09%−2,000−6.2%Reduced
Sax Wealth Advisors, LLC27,225$301.7K0.01%+27,225New
Mills Wealth Advisors LLC24,818$275.0K0.11%−48−0.2%Reduced
Triasima Portfolio Management inc.21,800$241.5K0.04%+6,000+38.0%Added
Ingalls & Snyder LLC20,000$222.0K0.01%00.0%Unchanged
Roberts Glore & Co Inc17,633$195.4K0.05%00.0%Unchanged
Successful Portfolios LLC15,000$167.4K0.09%00.0%Unchanged
Colonial Trust Advisors9,399$104.1K0.01%+9,399New
Advisor Group Holdings, Inc.8,918$98.9K0.00%+94+1.1%Added
UBS Group AG8,191$90.8K0.00%−501−5.8%Reduced
The PNC Financial Services Group, Inc.6,055$67.1K0.00%00.0%Unchanged
CWM, LLC4,506$50.0K0.00%00.0%Unchanged
International Assets Investment Management, LLC3,900$43.2K0.00%+3,900New
Thomas J. Herzfeld Advisors, Inc.1,851$20.5K0.01%00.0%Unchanged
US Bancorp1,525$16.9K0.00%00.0%Unchanged
JPMorgan Chase & Co710$7.87K0.00%+710New
Ancora Advisors, LLC500$5.54K0.00%00.0%Unchanged
Highline Wealth Partners LLC300$3.32K0.00%+300New
Flagship Harbor Advisors, LLC200$2.22K0.00%+200New
Wells Fargo & Company2$170.00%+1+100.0%Added
Kovitz Investment Group Partners, LLC0$00.00%−131,934−100.0%Sold out
Marex Group plc0$00.00%−27,109−100.0%Sold out
Quantedge Capital Pte Ltd0$00.00%−15,522−100.0%Sold out
Seed Wealth Management, Inc.0$00.00%−10,400−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−10,107−100.0%Sold out
Barclays PLC0$00.00%−1,000−100.0%Sold out