CITY OF LONDON INVESTMENT MANAGEMENT CO LTD

Registered adviser

CIK

1034546

Location

London, X0

Portfolio Value

Mid $1,320,888,963

Diversification

Diversified

Filing Date

Global Rank

#1,818 / 8,827 ▲ 181 · as of Jun 2026

Top Industry

Asset Management 99.8%

Period ended 37 days ago

Filed Oct 30, 2026 · 7d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 110986

Roster of Nov 1, 2026

Regulatory AUM

$8,059,485,241

Main clients

Pooled investment vehicles (51% of AUM)

Private funds

17 funds · Other private funds

Focus by gross assets, Schedule D of Nov 30, 2024

$3,966,478,448 gross assets

Private funds on Schedule D 7.B.(1)

As filed Nov 30, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$3,618,817,358 gross assets in 18 funds Other private funds $3,618,817,358 (18)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Nov 2026	$8,059,485,241	Pooled investment vehicles (51%)
Oct 2026	$8,059,266,455	Pooled investment vehicles (51%)
Dec 2025 to Sep 2026	$6,842,617,648	Pooled investment vehicles (54%)
Oct 2024 to Sep 2025	$6,317,749,655	Pooled investment vehicles (59%)
Apr 2024 to Sep 2024	$5,903,333,807	Pooled investment vehicles (64%)
Jan 2024 to Mar 2024	$5,903,333,807	Pooled investment vehicles (64%)

6 earlier changes not shown.

Stated strategy

Quantitative / systematic, Value, Income, Fixed income / rates, Multi-asset, Activist, Private markets Form ADV Part 2A, Oct 30, 2026 · original

In the firm's words

Quantitative / systematic: The quantitative factors primarily attempt to identify the discount trading range of securities by focusing on the relevant security's current and historical discount to NAV compared to itself and peers over varying time periods as well as the degree of discount volatility that the fund has exhibited.
Value: The Opportunistic Value Strategy seeks to provide long-term capital growth via a value-driven, high-conviction approach primarily investing in closed-end funds and other similar securities.
Income: The investment objective of the High Yield Bond Strategy is to seek current income and capital appreciation.
Fixed income / rates: Investments will primarily be in listed closed-end funds that invest in High Yield fixed income securities.
Multi-asset: The investment philosophy is bottom-up and benchmark agnostic, giving focused exposure to valuation dislocations across asset classes and geographies in a concentrated “best ideas” portfolio.
Activist: we engage with Boards of Directors of the entities in which we invest on behalf of clients
Private markets: The portfolio invests primarily in listed closed-end funds and investment companies with a private equity investment strategy, specifically those providing value opportunities or in special situations.

Schedule 13D/13G stakes

Stakes of 5% or more disclosed on Schedule 13D or 13G, each on the filer's latest filing for the security. These are event-dated stakes, not the quarter-end 13F portfolio below.

Company	Schedule	Event date	Filed	Shares	% of class	Change	Status
AEF abrdn Emerging Markets ex-China Fund, Inc.	13G/A	Sep 30, 2026	14d	9,944,810	24.5%	-549,054 since Jun 30, 2026	Current
IIF Morgan Stanley India Investment Fund, Inc.	13G/A	Sep 30, 2026	14d	1,219,023	13%	+177,299 since Jun 30, 2026	Current
JOF Japan Smaller Capitalization Fund Inc	13G/A	Sep 30, 2026	14d	3,223,016	12.6%	-671,555 since Jun 30, 2026	Current
CAF Morgan Stanley China A Share Fund, Inc.	13G/A	Jun 30, 2026	4mo	4,602,793	34.4%	-1,545,031 since Sep 30, 2025	Current
TWN Taiwan Fund Inc	13G/A	Jun 30, 2026	4mo	2,126,252	38.2%	-113,807 since Mar 31, 2026	Current
EMF Templeton Emerging Markets Fund	13G/A	Mar 31, 2026	6mo	3,541,856	23.7%	+204,414 since Feb 28, 2026	Current
MXE Mexico Equity & Income Fund Inc	13G/A	Mar 31, 2026	6mo	1,227,966	27.9%	+85,541 since Dec 31, 2025	Current
TDF Templeton Dragon Fund Inc	13G/A	Mar 31, 2026	6mo	8,937,505	35.5%	+188,616 since Sep 30, 2024	Current
KF Korea Fund Inc	13G/A	Dec 31, 2025	9mo	1,605,335	38.6%	+149,134 since Sep 30, 2025	Current
MXF Mexico Fund Inc	13G/A	Dec 31, 2025	9mo	3,296,675	22.9%	-312,097 since Jun 30, 2025	Current
NBXG Neuberger Next Generation Connectivity Fund Inc.	13G/A	Feb 29, 2024	2y	3,900,994	5%	-87,522 since Dec 31, 2023	Unconfirmed since Feb 29, 2024

A 13D or 13G stays in force until its filer amends it and no amendment is due without a material change, so a stake with no filing in 24 months reads unconfirmed, never sold. An amendment reporting under 5% ends the filer's duty to amend, not necessarily the holding. Shares are restated onto today's split basis. Show 7 exited, below-5% or retired stakes

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 74.0% of the book (60%+)

Turnover

Low turnover

27.3% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 19.5 quarters (12+), a floor since 52.8% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 84.7%; sector active share 64.1% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

85 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

16.1%

+1.6 pts

Top 5

50.6%

+2.8 pts

Top 10

78.0%

+4.0 pts

HHI

757

Diversified+61

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	78.8%	$1,040,944,533	64
Unclassified	21.0%	$277,451,312	19
Technology	0.2%	$2,493,118	2

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IFN	Aberdeen India Fund, Inc.	+1,103,579	1,923,094	$20,461,720
ILF	iShares Latin America 40 ETF	+599,496	754,696	$26,037,012
INDA	iShares MSCI India ETF	+390,100	520,924	$24,316,732
MFM	Aberdeen Municipal Income Fund	+247,539	572,426	$2,776,266
IIF	Morgan Stanley India Investment Fund, Inc.	+177,299	1,219,023	$26,196,804
BGB	Blackstone Strategic Credit 2027 Term Fund	+161,438	179,217	$2,014,399
MCHI	iShares MSCI China ETF	+153,715	321,996	$16,804,971
USA	Liberty All Star Equity Fund	+152,292	811,361	$4,681,552
RA	Brookfield Real Assets Income Fund Inc.	+120,155	256,397	$2,961,385
MMD	NYLIM MacKay DefinedTerm Muni Opportunities Fund	+106,978	194,245	$2,643,674
MMU	Western Asset Managed Municipals Fund Inc.	+70,000	403,471	$3,602,996
EMF	Templeton Emerging Markets Fund	+59,053	3,682,019	$81,943,332
EEM	iShares MSCI Emerging Markets ETF	+50,534	125,192	$8,361,573
KYN	Kayne Anderson Energy Infrastructure Fund, Inc.	+50,339	3,635,032	$49,436,435
PDX	PIMCO Dynamic Income Strategy Fund	+50,313	313,738	$6,368,881
IEMG	iShares Trust	+26,900	61,908	$0
NBXG	Neuberger Next Generation Connectivity Fund Inc.	+24,880	1,213,401	$19,038,261
BCX	BlackRock Resources & Commodities Strategy Trust	+24,261	138,480	$1,643,757
MXF	Mexico Fund Inc	+19,166	3,230,491	$65,869,711
JQC	Nuveen Credit Strategies Income Fund	+18,524	52,184	$247,874
ETO	Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund	+17,358	28,103	$851,801
EWT	iShares MSCI Taiwan ETF	+12,864	1,016,115	$114,719,383
PRF	Victory Portfolios II	+12,656	22,360	$0
MXE	Mexico Equity & Income Fund Inc	+11,914	1,251,701	$15,633,745
EVF	Eaton Vance Senior Income Trust	+3,972	42,443	$205,848
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
JOF	Japan Smaller Capitalization Fund Inc	−671,555	3,223,016	$40,610,001
AEF	abrdn Emerging Markets ex-China Fund, Inc.	−549,054	9,944,810	$93,978,454
NVDA	Nvidia Corp	−436,092	6,838	$1,561,662
AAPL	Apple Inc.	−240,154	2,797	$931,456
BMEZ	BlackRock Health Sciences Term Trust	−117,849	385,424	$6,436,580
CG	Carlyle Group Inc.	−92,271	7,452	$295,546
CAF	Morgan Stanley China A Share Fund, Inc.	−88,239	4,514,554	$80,088,187
TDF	Templeton Dragon Fund Inc	−83,935	8,805,510	$85,765,667
KKR	KKR & Co. Inc.	−69,176	4,390	$400,807
MEGI	NYLIM CBRE Global Infrastructure Megatrends Term Fund	−59,022	240,999	$3,243,846
EWY	iShares Trust	−57,778	792,648	$0
NML	Neuberger Energy Infrastructure & Income Fund Inc.	−51,919	2,729,916	$27,080,766
TWN	Taiwan Fund Inc	−42,566	2,083,686	$212,410,950
MUB	iShares National Muni Bond ETF	−39,754	132,037	$13,348,940
HQH	abrdn Healthcare Investors	−28,952	23,000	$480,470
FTHY	First Trust High Yield Opportunities 2027 Term Fund	−27,845	471,156	$6,054,354
RVT	Royce Small-Cap Trust, Inc.	−25,830	93,369	$1,599,410
JFR	Nuveen Floating Rate Income Fund	−21,874	10,646	$79,206
BTT	BlackRock Municipal 2030 Target Term Trust	−21,737	476,815	$10,413,639
BX	Blackstone Inc.	−20,182	3,667	$411,034
ACWX	iShares MSCI ACWI ex U.S. ETF	−14,400	85,600	$6,473,072
VEU	Vanguard International Equity Index Funds	−12,200	75,500	$6,264,235
ASHR	DBX ETF Trust	−9,610	18,645	$609,132
KF	Korea Fund Inc	−9,311	1,628,057	$106,898,222
SDHY	PGIM Short Duration High Yield Opportunities Fund	−2,864	449,234	$6,841,833
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
EWZ	iShares MSCI Brazil ETF	757,733	$28,225,554
BBCA	JPMorgan BetaBuilders Canada ETF	157,291	$15,785,724
BGR	BlackRock Energy & Resources Trust	361,231	$6,104,803
IXJ	iShares Global Healthcare ETF	17,270	$1,763,612
HQL	abrdn Life Sciences Investors	72,865	$1,362,575
GGN	GAMCO Global Gold, Natural Resources & Income Trust	156,300	$825,264
EWA	iShares MSCI Australia ETF	18,700	$529,397
ETY	Eaton Vance Tax-Managed Diversified Equity Income Fund	30,440	$427,682
MAGS	Roundhill Magnificent Seven ETF	4,255	$305,040
ISD	PGIM High Yield Bond Fund, Inc.	23,984	$281,572
EAD	Allspring Income Opportunities Fund	25,503	$153,273
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
GOOGL	Alphabet Inc.	58,975	$21,075,895
MSFT	Microsoft Corp	40,046	$14,937,958
SUB	iShares Short-Term National Muni Bond ETF	134,998	$14,373,237
SCJ	iShares MSCI Japan Small-Cap ETF	10,000	$1,053,100
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	6,327	$331,598
BGY	BlackRock Enhanced International Dividend Trust	40,939	$234,989
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

85 tracked positions · $1,320,888,963 total · filing declares 85 positions · $1,472,010,192 · as of Sep 30, 2026

All sectors Financial Services Technology

Showing 1–50 of 85 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TWN	Taiwan Fund Inc Financial Services	Reduced	2,083,686	-42,566	$212,410,950	+3.9%	16.08%
EWT	iShares MSCI Taiwan ETF	Added	1,016,115	+12,864	$114,719,383	+5.3%	8.69%
KF	Korea Fund Inc Financial Services	Reduced	1,628,057	-9,311	$106,898,222	−13.2%	8.09%
AEF	abrdn Emerging Markets ex-China Fund, Inc. Financial Services	Reduced	9,944,810	-549,054	$93,978,454	−6.7%	7.11%
TDF	Templeton Dragon Fund Inc Financial Services	Reduced	8,805,510	-83,935	$85,765,667	−11.4%	6.49%
EMF	Templeton Emerging Markets Fund Financial Services	Added	3,682,019	+59,053	$81,943,332	−2.6%	6.20%
CAF	Morgan Stanley China A Share Fund, Inc. Financial Services	Reduced	4,514,554	-88,239	$80,088,187	−17.3%	6.06%
MXF	Mexico Fund Inc Financial Services	Added	3,230,491	+19,166	$65,869,711	−6.2%	4.99%
KYN	Kayne Anderson Energy Infrastructure Fund, Inc. Financial Services	Added	3,635,032	+50,339	$49,436,435	−0.3%	3.74%
JOF	Japan Smaller Capitalization Fund Inc Financial Services	Reduced	3,223,016	-671,555	$40,610,001	−11.5%	3.07%
EWZ	iShares MSCI Brazil ETF	NEW	757,733	NEW	$28,225,554	NEW	2.14%
NML	Neuberger Energy Infrastructure & Income Fund Inc. Financial Services	Reduced	2,729,916	-51,919	$27,080,766	−4.0%	2.05%
IIF	Morgan Stanley India Investment Fund, Inc. Financial Services	Added	1,219,023	+177,299	$26,196,804	+10.2%	1.98%
ILF	iShares Latin America 40 ETF	Added	754,696	+599,496	$26,037,012	+397.1%	1.97%
INDA	iShares MSCI India ETF	Added	520,924	+390,100	$24,316,732	+276.3%	1.84%
IFN	Aberdeen India Fund, Inc. Financial Services	Added	1,923,094	+1,103,579	$20,461,720	+112.5%	1.55%
NBXG	Neuberger Next Generation Connectivity Fund Inc. Financial Services	Added	1,213,401	+24,880	$19,038,261	−3.2%	1.44%
MCHI	iShares MSCI China ETF	Added	321,996	+153,715	$16,804,971	+95.7%	1.27%
BBCA	JPMorgan BetaBuilders Canada ETF	NEW	157,291	NEW	$15,785,724	NEW	1.20%
MXE	Mexico Equity & Income Fund Inc Financial Services	Added	1,251,701	+11,914	$15,633,745	−3.1%	1.18%
MUB	iShares National Muni Bond ETF	Reduced	132,037	-39,754	$13,348,940	−27.8%	1.01%
BTT	BlackRock Municipal 2030 Target Term Trust Financial Services	Reduced	476,815	-21,737	$10,413,639	−8.2%	0.79%
EMXC	iShares MSCI Emerging Markets ex China ETF	Reduced	84,830	-440	$8,404,956	−3.6%	0.64%
EEM	iShares MSCI Emerging Markets ETF	Added	125,192	+50,534	$8,361,573	+63.7%	0.63%
SDHY	PGIM Short Duration High Yield Opportunities Fund Financial Services	Reduced	449,234	-2,864	$6,841,833	−7.7%	0.52%
ACWX	iShares MSCI ACWI ex U.S. ETF	Reduced	85,600	-14,400	$6,473,072	−15.0%	0.49%
BMEZ	BlackRock Health Sciences Term Trust Financial Services	Reduced	385,424	-117,849	$6,436,580	−16.7%	0.49%
PDX	PIMCO Dynamic Income Strategy Fund Financial Services	Added	313,738	+50,313	$6,368,881	+16.1%	0.48%
VEU	Vanguard International Equity Index Funds	Reduced	75,500	-12,200	$6,264,235	−14.7%	0.47%
BGR	BlackRock Energy & Resources Trust Financial Services	NEW	361,231	NEW	$6,104,803	NEW	0.46%
FTHY	First Trust High Yield Opportunities 2027 Term Fund Financial Services	Reduced	471,156	-27,845	$6,054,354	−11.4%	0.46%
AIA	iShares Asia 50 ETF	Held	38,700	0	$5,501,979	+0.4%	0.42%
MQY	Blackrock Muniyield Quality Fund, Inc. Financial Services	Held	524,837	0	$5,211,631	−14.4%	0.39%
MYI	Blackrock Muniyield Quality Fund III, Inc. Financial Services	Held	527,505	0	$5,079,873	−13.3%	0.38%
USA	Liberty All Star Equity Fund Financial Services	Added	811,361	+152,292	$4,681,552	+22.3%	0.35%
MHD	Blackrock Muniholdings Fund, Inc. Financial Services	Held	453,034	0	$4,648,128	−13.8%	0.35%
MUC	Blackrock Muniholdings California Quality Fund, Inc. Financial Services	Held	371,024	0	$3,617,484	−11.3%	0.27%
MMU	Western Asset Managed Municipals Fund Inc. Financial Services	Added	403,471	+70,000	$3,602,996	+3.7%	0.27%
AFB	Alliancebernstein National Municipal Income Fund Financial Services	Held	373,640	0	$3,560,789	−16.5%	0.27%
MEGI	NYLIM CBRE Global Infrastructure Megatrends Term Fund Financial Services	Reduced	240,999	-59,022	$3,243,846	−28.9%	0.25%
GF	New Germany Fund Inc Financial Services	Held	289,545	0	$3,080,758	−7.2%	0.23%
PML	Pimco Municipal Income Fund II Financial Services	Held	461,349	0	$3,031,062	−13.7%	0.23%
RA	Brookfield Real Assets Income Fund Inc. Financial Services	Added	256,397	+120,155	$2,961,385	+68.8%	0.22%
MFM	Aberdeen Municipal Income Fund Financial Services	Added	572,426	+247,539	$2,776,266	+52.1%	0.21%
MMD	NYLIM MacKay DefinedTerm Muni Opportunities Fund Financial Services	Added	194,245	+106,978	$2,643,674	+95.4%	0.20%
EIM	Eaton Vance Municipal Bond Fund Financial Services	Held	229,813	0	$2,084,403	−8.9%	0.16%
BGB	Blackstone Strategic Credit 2027 Term Fund Financial Services	Added	179,217	+161,438	$2,014,399	+902.7%	0.15%
MYN	Blackrock Muniyield New York Quality Fund, Inc. Financial Services	Held	225,558	0	$1,975,888	−13.7%	0.15%
IXJ	iShares Global Healthcare ETF	NEW	17,270	NEW	$1,763,612	NEW	0.13%
BCX	BlackRock Resources & Commodities Strategy Trust Financial Services	Added	138,480	+24,261	$1,643,757	+27.2%	0.12%

Showing the top 50 of 85 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.