City of London Investment Management Co. Ltd.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), City of London Investment Management Co. Ltd. reported 86 stock positions worth $1.0 billion. Its top holding was Abrdn Emerging Markets Ex CH (AEF) at 10.3% of the portfolio, followed by Taiwan Fund Inc./TH/MD-US (TWN, 9.9%) and Templeton Dragon Fund (TDF, 7.4%). Compared with Q3 2024, it opened 8 new positions, sold out of 7, added to 21 and reduced 43. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale iShares MSCI Taiwan ETF (EWT, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- London, X0
- CIK
- 0001034546
- Portfolio Value
- $1.0B (Q4 2024)
- SEC Filing
- 0001072613-25-000158 ↗ filed Feb 14, 2025
Holdings Value
Holdings 86 stocks · $1.0B
| AEF Abrdn Emerging Markets Ex CH | 10.27% | 19,941,366 | $103.5M | Reduce -0.9% |
| TWN Taiwan Fund Inc./TH/MD-US Inc. | 9.88% | 2,574,199 | $99.5M | Reduce -5.4% |
| TDF Templeton Dragon Fund Inc. | 7.37% | 8,744,030 | $74.2M | Reduce -0.1% |
| XCAFX Morgan Stanley China A Share | 6.77% | 5,472,550 | $68.2M | Reduce -3.7% |
| EMF Templeton Emerging Markets | 5.03% | 4,243,155 | $50.7M | Add +8.3% |
| AAPL Apple Inc. | 4.93% | 198,281 | $49.7M | Add +7.5% |
| NVDA Nvidia Corp. | 4.82% | 361,460 | $48.5M | New |
| MXF Mexico Fund Inc. | 4.48% | 3,418,490 | $45.1M | Reduce -2.3% |
| CHINA FUND INC | 4.05% | 3,419,917 | $40.8M | Reduce -5.5% |
| GOOGL Alphabet Inc. Class A | 3.81% | 202,615 | $38.4M | Reduce -11.8% |
| NML Neuberger Energy Infrastruct | 3.55% | 4,046,468 | $35.7M | Reduce -22.9% |
| JOF Japan Smaller Capitalization | 3.46% | 4,541,678 | $34.8M | Reduce -0.8% |
| EWY iShares MSCI South Korea ETF | 2.34% | 463,582 | $23.6M | Reduce -18.3% |
| EWT iShares MSCI Taiwan ETF | 2.20% | 428,074 | $22.2M | Reduce -49.1% |
| KF Korea Fund Inc. | 1.86% | 1,014,567 | $18.7M | Add +4.7% |
| BTT BlackRock 2030 Muni TRGT TRM | 1.43% | 698,278 | $14.4M | Add +35.5% |
| BGR BlackRock Enrgy & Res TR | 1.40% | 1,114,537 | $14.1M | Reduce -18.7% |
| NBXG Neuberger Next Generation Co. | 1.38% | 1,088,397 | $13.9M | Reduce -42.3% |
| KKR KKR & Co. Inc. | 1.32% | 90,229 | $13.3M | Reduce -34.8% |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | 1.31% | 2,180,364 | $13.2M | Reduce -27.1% |
| XBGYX BlackRock Enh Intl DVD TR | 1.20% | 2,270,812 | $12.1M | Reduce -4.6% |
| VEU Vanguard Ftse All-World Ex-U | 1.05% | 184,130 | $10.6M | Add +302.9% |
| CG The Carlyle Group Inc. | 0.63% | 125,244 | $6.3M | Reduce -29.8% |
| AFB Allianceberstein NTL Muni | 0.59% | 547,741 | $6.0M | Add +15.2% |
| MUB iShares National Muni Bond E | 0.59% | 55,857 | $6.0M | Add +181.8% |
| SDHY Pgim SHRT Durat Hi YLD | 0.59% | 367,508 | $5.9M | Reduce -42.5% |
| MMU Western Asset Managed Munici | 0.51% | 499,730 | $5.1M | Add +15.4% |
| MYI BlackRock Muniyield QLTY III | 0.50% | 455,399 | $5.0M | Add +31.9% |
| FTHY First Trust Hi YLD Opp 2027 | 0.50% | 346,477 | $5.0M | Reduce -3.4% |
| IQI Invesco Quality Muni Inc. TR | 0.47% | 481,141 | $4.7M | No change |
| XPMAX Pioneer Municipal High Inc. | 0.46% | 554,901 | $4.7M | Add +9.9% |
| IHD Voya Emrg MRKT Hi DVD Eqty | 0.45% | 913,045 | $4.6M | Reduce -63.7% |
| XCMUX MFS High Yield Municipal TR | 0.45% | 1,283,934 | $4.5M | No change |
| BX Blackstone Inc. | 0.43% | 25,349 | $4.4M | Reduce -29.7% |
| GHY Pgim Global High Yield Fund | 0.43% | 351,034 | $4.3M | Reduce -10.6% |
| BTX BlackRock Tech & Priv Eqty | 0.41% | 548,612 | $4.1M | Reduce -14.9% |
| NAD Nuveen Quality Municipal Inc. | 0.40% | 346,807 | $4.0M | No change |
| NZF Nuveen Municipal Credit Inc. | 0.40% | 329,553 | $4.0M | Reduce -18.3% |
| KTF DWS Municipal Income Trust | 0.39% | 412,392 | $3.9M | No change |
| MXE Mexico Equity and Income FD | 0.39% | 484,392 | $3.9M | Add +36.5% |
| BGB Blackstone Strategic Credit | 0.37% | 308,268 | $3.8M | Reduce -5.5% |
| MCHI iShares MSCI China ETF | 0.37% | 78,790 | $3.7M | New |
| RA Brookfield Real Assets Incom | 0.36% | 275,281 | $3.7M | No change |
| BMEZ BlackRock HLTH Sci TRM TR II | 0.36% | 254,137 | $3.7M | Add +23.0% |
| MSFT Microsoft Corp. | 0.36% | 8,625 | $3.6M | Reduce -48.8% |
| XBFZX BlackRock Ca Muni Inc. TR | 0.36% | 320,930 | $3.6M | New |
| FXI iShares China Large-Cap ETF | 0.35% | 115,296 | $3.5M | New |
| EIM Eaton Vance Municipal Bond | 0.33% | 319,606 | $3.3M | Reduce -28.1% |
| MUC BlackRock Munihold Ca QLTY | 0.32% | 303,067 | $3.2M | New |
| MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI | 0.30% | 200,999 | $3.0M | Reduce -23.0% |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | 0.28% | 246,467 | $2.8M | Reduce -15.4% |
| ARGT Global X MSCI Argentina ETF | 0.25% | 30,000 | $2.5M | Reduce -49.1% |
| XPCKX PIMCO California Municipa II | 0.23% | 398,327 | $2.3M | Add +25.5% |
| XENWX Eaton Vance New York Municip | 0.21% | 226,400 | $2.2M | Add +183.0% |
| BSTZ BlackRock Sci & Tech TRM TR | 0.21% | 100,592 | $2.1M | Reduce -39.6% |
| GF The New Germany Fund Inc. | 0.21% | 266,469 | $2.1M | Reduce -22.1% |
| XPMQX PIMCO Muni Income Fund III | 0.19% | 264,350 | $1.9M | Reduce -17.0% |
| XEVMX Eaton Vance Cal Muni Bond | 0.19% | 205,679 | $1.9M | No change |
| MHD BlackRock Muniholdings Fund | 0.15% | 129,465 | $1.5M | New |
| IIF Morgan Stanley India Invest | 0.15% | 58,476 | $1.5M | Reduce -76.0% |
| LEO BNY Mellon Strategic Muni | 0.14% | 234,188 | $1.4M | New |
| XMYDX BlackRock Muniyield Fund | 0.14% | 134,798 | $1.4M | Add +49.1% |
| XGDVX Gabelli Dividend & Income TR | 0.13% | 54,456 | $1.3M | No change |
| ASG Liberty All-Star Growth FD | 0.12% | 219,500 | $1.2M | No change |
| XBMEX BlackRock Health Sciences | 0.12% | 31,066 | $1.2M | Add +68.6% |
| NUV Nuveen Municipal Value | 0.11% | 128,182 | $1.1M | Reduce -67.7% |
| HQH Abrdn Healthcare Investors | 0.10% | 62,415 | $1.0M | No change |
| KSA Ishrs MSCI Saudi Arabia ETF | 0.10% | 24,021 | $981K | Reduce -93.1% |
| MEGI Nylim CBRE GB Infra Mtrnd TF filed as NYLI CBRE GBL INFR MEGTRNDS | 0.09% | 74,582 | $908K | Add +13.6% |
| BCX BlackRock Resources & Commod | 0.09% | 105,736 | $903K | Add +19.5% |
| RVT Royce Small-Cap Trust Inc. | 0.09% | 55,721 | $880K | Add +223.6% |
| XMUIX BlackRock Municipal Income | 0.08% | 70,000 | $848K | Reduce -93.2% |
| DTF DTF Tax-Free Income 2028 Ter | 0.08% | 71,012 | $796K | No change |
| KYN Kayne Anderson Energy Infra | 0.08% | 59,964 | $762K | Reduce -78.7% |
| KWT iShares MSCI Kuwait ETF | 0.07% | 23,400 | $754K | No change |
| CXE MFS High Income Municipal TR | 0.07% | 195,885 | $721K | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.06% | 11,469 | $593K | New |
| GREK Global X MSCI Greece ETF | 0.06% | 15,259 | $592K | Add +69.5% |
| ERC Allspring Multi-Sector Inc. | 0.06% | 61,004 | $561K | Add +24.0% |
| FMN Federated Herm Prem Muni Inc. | 0.05% | 50,525 | $551K | Reduce -73.8% |
| HYI Western Asset High Yield Opp | 0.04% | 34,407 | $407K | No change |
| FTF Franklin Ltd. Dur Inc. TR | 0.04% | 55,303 | $367K | Reduce -36.8% |
| EWZ iShares MSCI Brazil ETF | 0.04% | 16,000 | $360K | Reduce -95.7% |
| XEADX Allspring Income Opport | 0.02% | 32,595 | $227K | No change |
| VPV Invesco Pa Val Muni Inc. | 0.02% | 16,143 | $166K | Reduce -73.8% |
| HIO Western Asset Hi Inc. Opport | 0.01% | 30,932 | $122K | Reduce -92.7% |
Portfolio Sells Q3 2024 → Q4 2024
| EWT iShares MSCI Taiwan ETF | Reduce -49.1% | 2.20% | −1.74 |
| KSA Ishrs MSCI Saudi Arabia ETF | Reduce -93.1% | 0.10% | −1.19 |
| XMUIX BlackRock Municipal Income | Reduce -93.2% | 0.08% | −1.05 |
| EWZ iShares MSCI Brazil ETF | Reduce -95.7% | 0.04% | −0.92 |
| EWY iShares MSCI South Korea ETF | Reduce -18.3% | 2.34% | −0.81 |
| IHD Voya Emrg MRKT Hi DVD Eqty | Reduce -63.7% | 0.45% | −0.79 |
| NBXG Neuberger Next Generation Co. | Reduce -42.3% | 1.38% | −0.72 |
| XHIEX Miller/Howard High Income Eq | Sold out | 0.00% | −0.57 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.56 |
| TWN Taiwan Fund Inc./TH/MD-US Inc. | Reduce -5.4% | 9.88% | −0.51 |
| IIF Morgan Stanley India Invest | Reduce -76.0% | 0.15% | −0.49 |
| XIAEX Voya Asia Pac Hi DVD Eq Inc. | Reduce -27.1% | 1.31% | −0.47 |
| SDHY Pgim SHRT Durat Hi YLD | Reduce -42.5% | 0.59% | −0.34 |
| MSFT Microsoft Corp. | Reduce -48.8% | 0.36% | −0.27 |
| KKR KKR & Co. Inc. | Reduce -34.8% | 1.32% | −0.24 |
| NUV Nuveen Municipal Value | Reduce -67.7% | 0.11% | −0.20 |
| KYN Kayne Anderson Energy Infra | Reduce -78.7% | 0.08% | −0.19 |
| NML Neuberger Energy Infrastruct | Reduce -22.9% | 3.55% | −0.19 |
| FMN Federated Herm Prem Muni Inc. | Reduce -73.8% | 0.05% | −0.15 |
| BGR BlackRock Enrgy & Res TR | Reduce -18.7% | 1.40% | −0.14 |
| HIO Western Asset Hi Inc. Opport | Reduce -92.7% | 0.01% | −0.14 |
| MXF Mexico Fund Inc. | Reduce -2.3% | 4.48% | −0.10 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.10 |
| ARGT Global X MSCI Argentina ETF | Reduce -49.1% | 0.25% | −0.09 |
| EIM Eaton Vance Municipal Bond | Reduce -28.1% | 0.33% | −0.09 |
| MMD Nylim Mackay Definedterm Mun | Reduce -23.0% | 0.30% | −0.08 |
| CET Central Securities Corp. | Sold out | 0.00% | −0.08 |
| BSTZ BlackRock Sci & Tech TRM TR | Reduce -39.6% | 0.21% | −0.07 |
| NZF Nuveen Municipal Credit Inc. | Reduce -18.3% | 0.40% | −0.06 |
| GF The New Germany Fund Inc. | Reduce -22.1% | 0.21% | −0.06 |
| BX Blackstone Inc. | Reduce -29.7% | 0.43% | −0.05 |
| VPV Invesco Pa Val Muni Inc. | Reduce -73.8% | 0.02% | −0.04 |
| NTG Tortoise Midstream Energy | Sold out | 0.00% | −0.04 |
| CG The Carlyle Group Inc. | Reduce -29.8% | 0.63% | −0.04 |
| QAT iShares MSCI Qatar ETF | Sold out | 0.00% | −0.04 |
| XPMQX PIMCO Muni Income Fund III | Reduce -17.0% | 0.19% | −0.04 |
| ACWX iShares MSCI Acwi Ex US ETF | Sold out | 0.00% | −0.03 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Reduce -15.4% | 0.28% | −0.03 |
| BTX BlackRock Tech & Priv Eqty | Reduce -14.9% | 0.41% | −0.02 |
| FTF Franklin Ltd. Dur Inc. TR | Reduce -36.8% | 0.04% | −0.01 |
| GHY Pgim Global High Yield Fund | Reduce -10.6% | 0.43% | −0.01 |
| XBGYX BlackRock Enh Intl DVD TR | Reduce -4.6% | 1.20% | −0.00 |
| BGB Blackstone Strategic Credit | Reduce -5.5% | 0.37% | +0.03 |
| FTHY First Trust Hi YLD Opp 2027 | Reduce -3.4% | 0.50% | +0.03 |
| CHINA FUND INC | Reduce -5.5% | 4.05% | +0.05 |
| XCAFX Morgan Stanley China A Share | Reduce -3.7% | 6.77% | +0.09 |
| JOF Japan Smaller Capitalization | Reduce -0.8% | 3.46% | +0.17 |
| TDF Templeton Dragon Fund Inc. | Reduce -0.1% | 7.37% | +0.41 |
| AEF Abrdn Emerging Markets Ex CH | Reduce -0.9% | 10.27% | +0.43 |
| GOOGL Alphabet Inc. Class A | Reduce -11.8% | 3.81% | +0.50 |
Portfolio Buys Q3 2024 → Q4 2024
| NVDA Nvidia Corp. | New | 4.82% | +4.82 |
| AAPL Apple Inc. | Add +7.5% | 4.93% | +1.20 |
| VEU Vanguard Ftse All-World Ex-U | Add +302.9% | 1.05% | +0.80 |
| BTT BlackRock 2030 Muni TRGT TRM | Add +35.5% | 1.43% | +0.46 |
| EMF Templeton Emerging Markets | Add +8.3% | 5.03% | +0.43 |
| MUB iShares National Muni Bond E | Add +181.8% | 0.59% | +0.40 |
| MCHI iShares MSCI China ETF | New | 0.37% | +0.37 |
| XBFZX BlackRock Ca Muni Inc. TR | New | 0.36% | +0.36 |
| FXI iShares China Large-Cap ETF | New | 0.35% | +0.35 |
| MUC BlackRock Munihold Ca QLTY | New | 0.32% | +0.32 |
| MHD BlackRock Muniholdings Fund | New | 0.15% | +0.15 |
| XENWX Eaton Vance New York Municip | Add +183.0% | 0.21% | +0.14 |
| LEO BNY Mellon Strategic Muni | New | 0.14% | +0.14 |
| MYI BlackRock Muniyield QLTY III | Add +31.9% | 0.50% | +0.14 |
| AFB Allianceberstein NTL Muni | Add +15.2% | 0.59% | +0.10 |
| MXE Mexico Equity and Income FD | Add +36.5% | 0.39% | +0.10 |
| MMU Western Asset Managed Munici | Add +15.4% | 0.51% | +0.10 |
| BMEZ BlackRock HLTH Sci TRM TR II | Add +23.0% | 0.36% | +0.08 |
| XPMAX Pioneer Municipal High Inc. | Add +9.9% | 0.46% | +0.08 |
| RVT Royce Small-Cap Trust Inc. | Add +223.6% | 0.09% | +0.06 |
| IGSB iShares 1-5Y Inv Grade Corp. | New | 0.06% | +0.06 |
| XPCKX PIMCO California Municipa II | Add +25.5% | 0.23% | +0.05 |
| XBMEX BlackRock Health Sciences | Add +68.6% | 0.12% | +0.05 |
| XMYDX BlackRock Muniyield Fund | Add +49.1% | 0.14% | +0.05 |
| GREK Global X MSCI Greece ETF | Add +69.5% | 0.06% | +0.03 |
| BCX BlackRock Resources & Commod | Add +19.5% | 0.09% | +0.02 |
| ERC Allspring Multi-Sector Inc. | Add +24.0% | 0.06% | +0.01 |
| MEGI Nylim CBRE GB Infra Mtrnd TF | Add +13.6% | 0.09% | +0.01 |
| KF Korea Fund Inc. | Add +4.7% | 1.86% | −0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 80 | $1.7B | TWN, EWY, KF, EWT, AEF |
| Q1 2026 | 93 | $1.4B | TWN, EWY, XCAFX, TDF, AEF |
| Q4 2025 | 87 | $1.3B | TWN, XCAFX, TDF, EWY, AEF |
| Q3 2025 | 82 | $1.4B | TWN, XCAFX, TDF, AEF, NVDA |
| Q2 2025 | 81 | $1.1B | TWN, TDF, XCAFX, AEF, MXF |
| Q1 2025 | 85 | $934.8M | TWN, TDF, XCAFX, AEF, EMF |
| Q4 2024 | 86 | $1.0B | AEF, TWN, TDF, XCAFX, EMF |
| Q3 2024 | 85 | $1.2B | TWN, AEF, TDF, XCAFX, EMF |
| Q2 2024 | 94 | $1.2B | TWN, AEF, XCAFX, TDF, MXF |
| Q1 2024 | 103 | $1.2B | TWN, AEF, XCAFX, MXF, TDF |