New Germany Fund
34 hedge funds and large institutions have $120M invested in New Germany Fund in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
3% more funds holding
Funds holding: 33 → 34 (+1)
3% more capital invested
Capital invested by funds: $117M → $120M (+$3.32M)
0.62% less ownership
Funds ownership: 52.82% → 52.2% (-0.62%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.24M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.06M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$387K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$291K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$576K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$170K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$137K |
| 4 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
-$43.8K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$34.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $64K | -$4.68K | -330 | -7% |
|
|
HPC
27
HM Payson & Co
Portland,
Maine
| $28K | – | – | – |
|
|
TCM
28
Tradewinds Capital Management
Bellingham,
Washington
| $25K | – | – | – |
|
29
Bessemer Group
Woodbridge,
New Jersey
| $22K | – | – | – |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $14K | – | – | – |
|
|
AF
31
Allworth Financial
Folsom,
California
| $4K | – | – | – |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4K | – | – | – |
|
|
EIM
33
Essex Investment Management
Boston,
Massachusetts
| $2K | – | – | – |
|
|
WEC
34
Winslow Evans & Crocker
Boston,
Massachusetts
| $2K | – | – | – |
|
|
NSIM
35
North Star Investment Management
Chicago,
Illinois
| – | -$13K | -906 | Closed |
|
|
PCG
36
Private Capital Group
West Hartford,
Connecticut
| – | +$114 | +8 | New |
|
GF Hedge Fund Activity: Q2 2019 in Review
34 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2019, worth a combined $120M — up 2.8% from $117M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GF positions and 1 closed out — a net gain of 2 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.24M. The largest seller was Bank of America, cutting an estimated $576K.
- 34 institutional investors held New Germany Fund (GF) as of Q2 2019, up from 33 in Q1 2019.
- Funds reported $120M of New Germany Fund stock for Q2 2019, up 2.8% quarter-over-quarter.
- 3 funds opened new New Germany Fund positions in Q2 2019 and 1 closed out, a net change of +2 holders.
- The largest New Germany Fund buyer in Q2 2019 was Wells Fargo, an estimated $1.24M added.
- The largest New Germany Fund seller in Q2 2019 was Bank of America, an estimated $576K sold.
Based on aggregated 13F filings for Q2 2019.