New Germany Fund
32 hedge funds and large institutions have $79.9M invested in New Germany Fund in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 3 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
13% more capital invested
Capital invested by funds: $70.5M → $79.9M (+$9.42M)
3% more funds holding
Funds holding: 31 → 32 (+1)
0.81% less ownership
Funds ownership: 52.08% → 51.28% (-0.81%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$872K |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$210K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$137K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$105K |
| 5 |
LPL Financial
San Diego,
California
|
+$97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.99M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$505K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$111K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$80K |
| 5 |
Lazard Asset Management
New York
|
-$27.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $49.8K | +$155 | +17 | +0.3% |
|
27
Wells Fargo
San Francisco,
California
| $34.8K | +$10.8K | +1,185 | +45% |
|
28
UBS Group
Zurich,
Switzerland
| $24.5K | +$13.6K | +1,493 | +125% |
|
|
TJHA
29
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $17.8K | +$2.28K | +250 | +15% |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $12.5K | – | – | – |
|
31
US Bancorp
Minneapolis,
Minnesota
| $8.94K | – | – | – |
|
|
AF
32
Allworth Financial
Folsom,
California
| $2.85K | – | – | – |
|
|
KIM
33
Karpus Investment Management
Pittsford,
New York
| – | -$505K | -63,962 | Closed |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$111K | -14,068 | Closed |
|
|
JWCA
35
J.W. Cole Advisors
Tampa,
Florida
| – | -$80K | -10,133 | Closed |
|
GF Hedge Fund Activity: Q1 2023 in Review
32 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q1 2023, worth a combined $79.9M — up 13% from $70.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GF positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $872K. The largest seller was City of London Investment Management, cutting an estimated $1.99M.
- 32 institutional investors held New Germany Fund (GF) as of Q1 2023, up from 31 in Q4 2022.
- Funds reported $79.9M of New Germany Fund stock for Q1 2023, up 13% quarter-over-quarter.
- 4 funds opened new New Germany Fund positions in Q1 2023 and 3 closed out, a net change of +1 holder.
- The largest New Germany Fund buyer in Q1 2023 was Allspring Global Investments, an estimated $872K added.
- The largest New Germany Fund seller in Q1 2023 was City of London Investment Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q1 2023.