New Germany Fund
33 hedge funds and large institutions have $79.7M invested in New Germany Fund in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 32 → 33 (+1)
0.47% more ownership
Funds ownership: 51.28% → 51.75% (+0.47%)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
0% less capital invested
Capital invested by funds: $79.9M → $79.7M (-$210K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$734K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$290K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$173K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$94.7K |
| 5 |
AFAS
Acorn Financial Advisory Services
Reston,
Virginia
|
+$93.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$230K |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$137K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$137K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$115K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $36.2K | -$107K | -12,044 | -75% |
|
27
Wells Fargo
San Francisco,
California
| $33.7K | -$641 | -72 | -2% |
|
|
TJHA
28
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $17.2K | -$356 | -40 | -2% |
|
|
HPC
29
HM Payson & Co
Portland,
Maine
| $13.9K | +$13.8K | +1,551 | New |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $12.3K | – | – | – |
|
31
US Bancorp
Minneapolis,
Minnesota
| $8.83K | – | – | – |
|
|
AF
32
Allworth Financial
Folsom,
California
| $2.82K | – | – | – |
|
33
JP Morgan Chase
New York
| $2.06K | +$2.04K | +229 | New |
|
|
AC
34
Almitas Capital
Santa Monica,
California
| – | -$137K | -15,100 | Closed |
|
|
CA
35
Cornerstone Advisors
Asheville,
North Carolina
| – | -$137K | -15,041 | Closed |
|
GF Hedge Fund Activity: Q2 2023 in Review
33 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2023, worth a combined $79.7M — down 0.26% from $79.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GF positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $734K. The largest seller was City of London Investment Management, cutting an estimated $230K.
- 33 institutional investors held New Germany Fund (GF) as of Q2 2023, up from 32 in Q1 2023.
- Funds reported $79.7M of New Germany Fund stock for Q2 2023, down 0.26% quarter-over-quarter.
- 3 funds opened new New Germany Fund positions in Q2 2023 and 2 closed out, a net change of +1 holder.
- The largest New Germany Fund buyer in Q2 2023 was Allspring Global Investments, an estimated $734K added.
- The largest New Germany Fund seller in Q2 2023 was City of London Investment Management, an estimated $230K sold.
Based on aggregated 13F filings for Q2 2023.