New Germany Fund
34 hedge funds and large institutions have $109M invested in New Germany Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 5 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
8% more capital invested
Capital invested by funds: $100M → $109M (+$8.32M)
0.92% less ownership
Funds ownership: 46.12% → 45.2% (-0.92%)
3% less funds holding
Funds holding: 35 → 34 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.91M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
+$725K |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$626K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
+$622K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.91M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.34M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.32M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$377K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$232K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
26
Bartlett & Co
Cincinnati,
Ohio
| $49K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $46K | – | – | – |
|
|
TCM
28
Tradewinds Capital Management
Bellingham,
Washington
| $28K | – | – | – |
|
|
FMII
29
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $20K | – | – | – |
|
|
MPWT
30
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $12.8K | – | – | – |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $8K | +$7.36K | +500 | New |
|
32
Creative Planning
Overland Park,
Kansas
| $5K | +$942 | +64 | +25% |
|
|
LNB
33
Ledyard National Bank
| $3K | +$545 | +37 | +25% |
|
34
UBS Group
Zurich,
Switzerland
| $1K | -$13.2K | -897 | -95% |
|
|
TC
35
TFS Capital
West Chester,
Pennsylvania
| – | -$232K | -16,540 | Closed |
|
|
GFM
36
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$145K | -10,306 | Closed |
|
37
SG Americas Securities
New York
| – | -$102K | -7,264 | Closed |
|
|
NPC
38
National Planning Corporation
El Segundo,
California
| – | -$15.3K | -1,126 | Closed |
|
|
RC
39
RegentAtlantic Capital
Morristown,
New Jersey
| – | -$9.6K | -684 | Closed |
|
GF Hedge Fund Activity: Q1 2015 in Review
34 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q1 2015, worth a combined $109M — up 8.3% from $100M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GF and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 15 added.
The largest buyer was Wells Fargo, adding an estimated $3.91M. The largest seller was 1607 Capital Partners, cutting an estimated $3.91M.
- 34 institutional investors held New Germany Fund (GF) as of Q1 2015, down from 35 in Q4 2014.
- Funds reported $109M of New Germany Fund stock for Q1 2015, up 8.3% quarter-over-quarter.
- 4 funds opened new New Germany Fund positions in Q1 2015 and 5 closed out, a net change of -1 holder.
- The largest New Germany Fund buyer in Q1 2015 was Wells Fargo, an estimated $3.91M added.
- The largest New Germany Fund seller in Q1 2015 was 1607 Capital Partners, an estimated $3.91M sold.
Based on aggregated 13F filings for Q1 2015.