New Germany Fund
27 hedge funds and large institutions have $124M invested in New Germany Fund in 2026 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 3 closing their positions.
15% more capital invested
Capital invested by funds: $108M → $124M (+$16.6M)
0.32% less ownership
Funds ownership: 67.18% → 66.86% (-0.32%)
7% less funds holding
Funds holding: 29 → 27 (-2)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$11.7M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.27M |
| 3 |
Lazard Asset Management
New York
|
+$730K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$156K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.08M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.75M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.97M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.23M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$155K |
GF Hedge Fund Activity: Q2 2026 in Review
27 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2026, worth a combined $124M — up 15% from $108M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GF and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 9 added.
The largest buyer was Saba Capital Management, adding an estimated $11.7M. The largest seller was Karpus Investment Management, cutting an estimated $4.08M.
- 27 institutional investors held New Germany Fund (GF) as of Q2 2026, down from 29 in Q1 2026.
- Funds reported $124M of New Germany Fund stock for Q2 2026, up 15% quarter-over-quarter.
- 2 funds opened new New Germany Fund positions in Q2 2026 and 3 closed out, a net change of -1 holder.
- The largest New Germany Fund buyer in Q2 2026 was Saba Capital Management, an estimated $11.7M added.
- The largest New Germany Fund seller in Q2 2026 was Karpus Investment Management, an estimated $4.08M sold.
Based on aggregated 13F filings for Q2 2026.