New Germany Fund
36 hedge funds and large institutions have $118M invested in New Germany Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 3 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more funds holding
Funds holding: 34 → 36 (+2)
0.11% more ownership
Funds ownership: 52.2% → 52.31% (+0.11%)
2% less capital invested
Capital invested by funds: $120M → $118M (-$2.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.03M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$377K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$299K |
| 4 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
+$204K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.58M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$362K |
| 3 |
DWM
Doyle Wealth Management
St. Petersburg,
Florida
|
-$81K |
| 4 |
RVPG
Relative Value Partners Group
|
-$58.5K |
| 5 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
-$29.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $50K | -$12.4K | -891 | -20% |
|
|
HPC
27
HM Payson & Co
Portland,
Maine
| $28K | +$27.9K | +2,000 | New |
|
|
TCM
28
Tradewinds Capital Management
Bellingham,
Washington
| $25K | – | – | – |
|
29
Bessemer Group
Woodbridge,
New Jersey
| $22K | +$460 | +33 | +2% |
|
|
NSIM
30
North Star Investment Management
Chicago,
Illinois
| $13K | +$12.6K | +906 | New |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $8K | -$5.77K | -414 | -41% |
|
|
AF
32
Allworth Financial
Folsom,
California
| $4K | – | – | – |
|
|
EIM
33
Essex Investment Management
Boston,
Massachusetts
| $2K | – | – | – |
|
|
WEC
34
Winslow Evans & Crocker
Boston,
Massachusetts
| $2K | – | – | – |
|
|
SWM
35
Selective Wealth Management
Forest,
Virginia
| $1K | +$1.11K | +80 | New |
|
|
DWM
36
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$81K | -5,687 | Closed |
|
37
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -267 | Closed |
|
|
QAM
38
QCI Asset Management
Pittsford,
New York
| – | +$348 | +25 | New |
|
GF Hedge Fund Activity: Q3 2019 in Review
36 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q3 2019, worth a combined $118M — down 2.3% from $120M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GF positions and 3 closed out — a net gain of 2 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $1.03M. The largest seller was Wells Fargo, cutting an estimated $1.58M.
- 36 institutional investors held New Germany Fund (GF) as of Q3 2019, up from 34 in Q2 2019.
- Funds reported $118M of New Germany Fund stock for Q3 2019, down 2.3% quarter-over-quarter.
- 5 funds opened new New Germany Fund positions in Q3 2019 and 3 closed out, a net change of +2 holders.
- The largest New Germany Fund buyer in Q3 2019 was City of London Investment Management, an estimated $1.03M added.
- The largest New Germany Fund seller in Q3 2019 was Wells Fargo, an estimated $1.58M sold.
Based on aggregated 13F filings for Q3 2019.