New Germany Fund
35 hedge funds and large institutions have $100M invested in New Germany Fund in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
3% more funds holding
Funds holding: 34 → 35 (+1)
0.27% less ownership
Funds ownership: 46.39% → 46.12% (-0.27%)
16% less capital invested
Capital invested by funds: $120M → $100M (-$19.8M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.71M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$2.03M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$275K |
| 4 |
SG Americas Securities
New York
|
+$121K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$66.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.92M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.36M |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$964K |
| 4 |
Lazard Asset Management
New York
|
-$765K |
| 5 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$678K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
26
Bartlett & Co
Cincinnati,
Ohio
| $44K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $42K | – | – | – |
|
|
TCM
28
Tradewinds Capital Management
Bellingham,
Washington
| $25K | – | – | – |
|
|
FMII
29
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $18K | – | – | – |
|
|
NPC
30
National Planning Corporation
El Segundo,
California
| $15.3K | +$18.8K | +1,126 | New |
|
31
UBS Group
Zurich,
Switzerland
| $13K | +$15.8K | +948 | New |
|
|
MPWT
32
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $11.6K | – | – | – |
|
|
RC
33
RegentAtlantic Capital
Morristown,
New Jersey
| $9.6K | +$11.4K | +684 | New |
|
|
HNB
34
Huntington National Bank
Columbus,
Ohio
| $7K | – | – | – |
|
35
Creative Planning
Overland Park,
Kansas
| $4K | – | – | – |
|
|
LNB
36
Ledyard National Bank
| $2K | – | – | – |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | -$23K | -1,414 | Closed |
|
38
Ameriprise
Minneapolis,
Minnesota
| – | -$7K | -400 | Closed |
|
|
RFA
39
Reilly Financial Advisors
La Mesa,
California
| – | -$6K | -366 | Closed |
|
GF Hedge Fund Activity: Q4 2014 in Review
35 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q4 2014, worth a combined $100M — down 16% from $120M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GF positions and 3 closed out — a net gain of 3 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.71M. The largest seller was 1607 Capital Partners, cutting an estimated $1.92M.
- 35 institutional investors held New Germany Fund (GF) as of Q4 2014, up from 34 in Q3 2014.
- Funds reported $100M of New Germany Fund stock for Q4 2014, down 16% quarter-over-quarter.
- 6 funds opened new New Germany Fund positions in Q4 2014 and 3 closed out, a net change of +3 holders.
- The largest New Germany Fund buyer in Q4 2014 was Wells Fargo, an estimated $2.71M added.
- The largest New Germany Fund seller in Q4 2014 was 1607 Capital Partners, an estimated $1.92M sold.
Based on aggregated 13F filings for Q4 2014.