New Germany Fund
34 hedge funds and large institutions have $131M invested in New Germany Fund in 2017 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 1 closing their positions.
13% more capital invested
Capital invested by funds: $116M → $131M (+$15.1M)
0.49% more ownership
Funds ownership: 48.8% → 49.29% (+0.49%)
3% less funds holding
Funds holding: 35 → 34 (-1)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Advisory Alpha
Holland,
Michigan
|
+$769K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$445K |
| 3 |
Morgan Stanley
New York
|
+$296K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$201K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$632K |
| 2 |
Citigroup
New York
|
-$356K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$276K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$108K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
-$79.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $39K | +$35K | +2,175 | +1,287% |
|
|
TCM
27
Tradewinds Capital Management
Bellingham,
Washington
| $30K | – | – | – |
|
|
NSIM
28
North Star Investment Management
Chicago,
Illinois
| $15K | – | – | – |
|
|
CB
29
Community Bank
Dewitt,
New York
| $8K | – | – | – |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $7K | +$2.6K | +162 | +64% |
|
|
AF
31
Allworth Financial
Folsom,
California
| $5K | – | – | – |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| $3K | – | – | – |
|
33
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
WEC
34
Winslow Evans & Crocker
Boston,
Massachusetts
| $844 | – | – | – |
|
|
WP
35
WealthPLAN Partners
Omaha,
Nebraska
| – | -$88 | -6 | Closed |
|
GF Hedge Fund Activity: Q2 2017 in Review
34 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2017, worth a combined $131M — up 13% from $116M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of GF and 0 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 8 added.
The largest buyer was Advisory Alpha, adding an estimated $769K. The largest seller was Lazard Asset Management, cutting an estimated $632K.
- 34 institutional investors held New Germany Fund (GF) as of Q2 2017, down from 35 in Q1 2017.
- Funds reported $131M of New Germany Fund stock for Q2 2017, up 13% quarter-over-quarter.
- 0 funds opened new New Germany Fund positions in Q2 2017 and 1 closed out, a net change of -1 holder.
- The largest New Germany Fund buyer in Q2 2017 was Advisory Alpha, an estimated $769K added.
- The largest New Germany Fund seller in Q2 2017 was Lazard Asset Management, an estimated $632K sold.
Based on aggregated 13F filings for Q2 2017.