New Germany Fund
33 hedge funds and large institutions have $60.9M invested in New Germany Fund in 2022 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 1 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0.16% more ownership
Funds ownership: 50.93% → 51.09% (+0.16%)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
17% less capital invested
Capital invested by funds: $73.7M → $60.9M (-$12.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$794K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$237K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$78.8K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$58.6K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$26.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$312K |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$295K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$177K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$140K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$54.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bessemer Group
Woodbridge,
New Jersey
| $11K | – | – | – |
|
|
TJHA
27
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $11K | – | – | – |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $10K | -$44.4K | -5,510 | -80% |
|
29
Wells Fargo
San Francisco,
California
| $9K | +$6.63K | +823 | +194% |
|
30
US Bancorp
Minneapolis,
Minnesota
| $7K | – | – | – |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4K | +$4.24K | +526 | New |
|
|
AF
32
Allworth Financial
Folsom,
California
| $2K | – | – | – |
|
|
SWM
33
Selective Wealth Management
Forest,
Virginia
| $1K | – | – | – |
|
|
SKK
34
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$140K | -16,580 | Closed |
|
GF Hedge Fund Activity: Q3 2022 in Review
33 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q3 2022, worth a combined $60.9M — down 17% from $73.7M a quarter earlier.
Fund positioning in GF was balanced in Q3 2022: 1 fund opened new positions, 1 closed out, 10 added to existing stakes and 9 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $794K. The largest seller was Lazard Asset Management, cutting an estimated $312K.
- 33 institutional investors held New Germany Fund (GF) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $60.9M of New Germany Fund stock for Q3 2022, down 17% quarter-over-quarter.
- 1 fund opened new New Germany Fund positions in Q3 2022 and 1 closed out, a net change of 0 holders.
- The largest New Germany Fund buyer in Q3 2022 was City of London Investment Management, an estimated $794K added.
- The largest New Germany Fund seller in Q3 2022 was Lazard Asset Management, an estimated $312K sold.
Based on aggregated 13F filings for Q3 2022.