New Germany Fund
33 hedge funds and large institutions have $73.7M invested in New Germany Fund in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
4.01% less ownership
Funds ownership: 54.94% → 50.93% (-4%)
11% less funds holding
Funds holding: 37 → 33 (-4)
25% less capital invested
Capital invested by funds: $98.8M → $73.7M (-$25.2M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$807K |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$426K |
| 3 |
Lazard Asset Management
New York
|
+$281K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$171K |
| 5 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$275K |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$263K |
| 3 |
SCM
Segantii Capital Management
Hong Kong
|
-$231K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$137K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $59K | +$667 | +67 | +1% |
|
27
UBS Group
Zurich,
Switzerland
| $25K | -$7.52K | -756 | -20% |
|
|
TJHA
28
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $14K | +$6.96K | +700 | +75% |
|
29
Bessemer Group
Woodbridge,
New Jersey
| $13K | – | – | – |
|
30
US Bancorp
Minneapolis,
Minnesota
| $8K | +$9.78K | +983 | New |
|
31
Wells Fargo
San Francisco,
California
| $4K | +$886 | +89 | +27% |
|
|
AF
32
Allworth Financial
Folsom,
California
| $3K | – | – | – |
|
|
SWM
33
Selective Wealth Management
Forest,
Virginia
| $1K | – | – | – |
|
|
34
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$263K | -23,039 | Closed |
|
|
SCM
35
Segantii Capital Management
Hong Kong
| – | -$231K | -20,169 | Closed |
|
|
GC
36
Guggenheim Capital
Chicago,
Illinois
| – | -$137K | -11,953 | Closed |
|
|
TCM
37
Tradewinds Capital Management
Bellingham,
Washington
| – | -$20K | -1,782 | Closed |
|
|
NSIM
38
North Star Investment Management
Chicago,
Illinois
| – | -$10K | -906 | Closed |
|
GF Hedge Fund Activity: Q2 2022 in Review
33 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2022, worth a combined $73.7M — down 25% from $98.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GF and 1 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was City of London Investment Management, adding an estimated $807K. The largest seller was Karpus Investment Management, cutting an estimated $275K.
- 33 institutional investors held New Germany Fund (GF) as of Q2 2022, down from 37 in Q1 2022.
- Funds reported $73.7M of New Germany Fund stock for Q2 2022, down 25% quarter-over-quarter.
- 1 fund opened new New Germany Fund positions in Q2 2022 and 5 closed out, a net change of -4 holders.
- The largest New Germany Fund buyer in Q2 2022 was City of London Investment Management, an estimated $807K added.
- The largest New Germany Fund seller in Q2 2022 was Karpus Investment Management, an estimated $275K sold.
Based on aggregated 13F filings for Q2 2022.