New Germany Fund
37 hedge funds and large institutions have $98.8M invested in New Germany Fund in 2022 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 18 increasing their positions, 7 reducing their positions, and 2 closing their positions.
157% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 7
1.81% more ownership
Funds ownership: 53.13% → 54.94% (+1.8%)
3% less funds holding
Funds holding: 38 → 37 (-1)
20% less capital invested
Capital invested by funds: $124M → $98.8M (-$25M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.76M |
| 2 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
+$588K |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$295K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$216K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$594K |
| 2 |
SCM
Segantii Capital Management
Hong Kong
|
-$208K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$118K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$67.1K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$23.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JWCA
26
J.W. Cole Advisors
Tampa,
Florida
| $150K | – | – | – |
|
|
GC
27
Guggenheim Capital
Chicago,
Illinois
| $137K | -$23.9K | -1,865 | -13% |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $76K | +$2.84K | +222 | +3% |
|
29
UBS Group
Zurich,
Switzerland
| $43K | +$25.7K | +2,008 | +117% |
|
|
TCM
30
Tradewinds Capital Management
Bellingham,
Washington
| $20K | – | – | – |
|
31
Bessemer Group
Woodbridge,
New Jersey
| $18K | – | – | – |
|
32
Osaic Holdings
Scottsdale,
Arizona
| $17K | +$17.2K | +1,346 | +650% |
|
|
TJHA
33
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $11K | +$3.27K | +255 | +38% |
|
|
NSIM
34
North Star Investment Management
Chicago,
Illinois
| $10K | – | – | – |
|
|
AF
35
Allworth Financial
Folsom,
California
| $4K | – | – | – |
|
36
Wells Fargo
San Francisco,
California
| $4K | +$1.15K | +90 | +37% |
|
|
SWM
37
Selective Wealth Management
Forest,
Virginia
| $1K | – | – | – |
|
|
CA
38
CoreCap Advisors
Southfield,
Michigan
| – | -$5K | -307 | Closed |
|
|
VNA
39
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$4K | -246 | Closed |
|
GF Hedge Fund Activity: Q1 2022 in Review
37 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q1 2022, worth a combined $98.8M — down 20% from $124M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of GF and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 18 added.
The largest buyer was City of London Investment Management, adding an estimated $2.76M. The largest seller was Cornerstone Advisors, cutting an estimated $594K.
- 37 institutional investors held New Germany Fund (GF) as of Q1 2022, down from 38 in Q4 2021.
- Funds reported $98.8M of New Germany Fund stock for Q1 2022, down 20% quarter-over-quarter.
- 1 fund opened new New Germany Fund positions in Q1 2022 and 2 closed out, a net change of -1 holder.
- The largest New Germany Fund buyer in Q1 2022 was City of London Investment Management, an estimated $2.76M added.
- The largest New Germany Fund seller in Q1 2022 was Cornerstone Advisors, an estimated $594K sold.
Based on aggregated 13F filings for Q1 2022.