New Germany Fund
38 hedge funds and large institutions have $133M invested in New Germany Fund in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 0 closing their positions.
13% more capital invested
Capital invested by funds: $118M → $133M (+$15.3M)
6% more funds holding
Funds holding: 36 → 38 (+2)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
0.05% less ownership
Funds ownership: 52.31% → 52.26% (-0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.74M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$290K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$167K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$111K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$42.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2M |
| 2 |
Lazard Asset Management
New York
|
-$633K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$540K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$214K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$192K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $124K | +$7.92K | +538 | +7% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $103K | +$27.6K | +1,877 | +40% |
|
|
HPC
28
HM Payson & Co
Portland,
Maine
| $31K | – | – | – |
|
|
TCM
29
Tradewinds Capital Management
Bellingham,
Washington
| $28K | – | – | – |
|
30
Bessemer Group
Woodbridge,
New Jersey
| $25K | – | – | – |
|
|
NSIM
31
North Star Investment Management
Chicago,
Illinois
| $14K | – | – | – |
|
|
AG
32
Advisor Group
Phoenix,
Arizona
| $9K | – | – | – |
|
|
AF
33
Allworth Financial
Folsom,
California
| $5K | – | – | – |
|
|
SBL
34
Sargent Bickham Lagudis
Boulder,
Colorado
| $5K | +$4.32K | +293 | New |
|
|
EIM
35
Essex Investment Management
Boston,
Massachusetts
| $2K | – | – | – |
|
|
WEC
36
Winslow Evans & Crocker
Boston,
Massachusetts
| $2K | – | – | – |
|
|
SWM
37
Selective Wealth Management
Forest,
Virginia
| $1K | – | – | – |
|
|
QAM
38
QCI Asset Management
Pittsford,
New York
| $1K | +$736 | +50 | +200% |
|
GF Hedge Fund Activity: Q4 2019 in Review
38 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q4 2019, worth a combined $133M — up 13% from $118M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GF positions and 0 closed out — a net gain of 2 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $1.74M. The largest seller was Wells Fargo, cutting an estimated $2M.
- 38 institutional investors held New Germany Fund (GF) as of Q4 2019, up from 36 in Q3 2019.
- Funds reported $133M of New Germany Fund stock for Q4 2019, up 13% quarter-over-quarter.
- 2 funds opened new New Germany Fund positions in Q4 2019 and 0 closed out, a net change of +2 holders.
- The largest New Germany Fund buyer in Q4 2019 was City of London Investment Management, an estimated $1.74M added.
- The largest New Germany Fund seller in Q4 2019 was Wells Fargo, an estimated $2M sold.
Based on aggregated 13F filings for Q4 2019.