New Germany Fund
37 hedge funds and large institutions have $106M invested in New Germany Fund in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
9% more funds holding
Funds holding: 34 → 37 (+3)
1.33% more ownership
Funds ownership: 44.95% → 46.28% (+1.3%)
2% less capital invested
Capital invested by funds: $108M → $106M (-$1.73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
| 2 |
Lazard Asset Management
New York
|
+$631K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$291K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$247K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$326K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$243K |
| 3 |
Morgan Stanley
New York
|
-$180K |
| 4 |
Citigroup
New York
|
-$77K |
| 5 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$57.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $94K | -$22.2K | -1,471 | -18% |
|
27
US Bancorp
Minneapolis,
Minnesota
| $72K | +$30.5K | +2,020 | +68% |
|
28
UBS Group
Zurich,
Switzerland
| $67K | +$25.4K | +1,680 | +56% |
|
|
BC
29
Bartlett & Co
Cincinnati,
Ohio
| $41K | -$4.76K | -315 | -10% |
|
|
BBPWM
30
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $30K | – | – | – |
|
|
WEC
31
Winslow Evans & Crocker
Boston,
Massachusetts
| $28.3K | -$57.8K | -3,826 | -66% |
|
|
TCM
32
Tradewinds Capital Management
Bellingham,
Washington
| $26K | – | – | – |
|
|
CGT
33
Capital Guardian Trust
Los Angeles,
California
| $23K | +$24.1K | +1,597 | New |
|
|
FMII
34
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| $18K | – | – | – |
|
|
MPWT
35
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $13.8K | – | – | – |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| $6K | -$4.59K | -304 | -42% |
|
|
LNB
37
Ledyard National Bank
| $3K | – | – | – |
|
|
OC
38
Oppenheimer & Co
New York
| – | -$243K | -16,090 | Closed |
|
|
39
Citigroup
New York
| – | -$77K | -5,118 | Closed |
|
GF Hedge Fund Activity: Q3 2015 in Review
37 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q3 2015, worth a combined $106M — down 1.6% from $108M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GF positions and 2 closed out — a net gain of 3 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.04M. The largest seller was Karpus Investment Management, cutting an estimated $326K.
- 37 institutional investors held New Germany Fund (GF) as of Q3 2015, up from 34 in Q2 2015.
- Funds reported $106M of New Germany Fund stock for Q3 2015, down 1.6% quarter-over-quarter.
- 5 funds opened new New Germany Fund positions in Q3 2015 and 2 closed out, a net change of +3 holders.
- The largest New Germany Fund buyer in Q3 2015 was Wells Fargo, an estimated $1.04M added.
- The largest New Germany Fund seller in Q3 2015 was Karpus Investment Management, an estimated $326K sold.
Based on aggregated 13F filings for Q3 2015.