New Germany Fund
35 hedge funds and large institutions have $71.5M invested in New Germany Fund in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3.13% more ownership
Funds ownership: 50.5% → 53.63% (+3.1%)
3% more funds holding
Funds holding: 34 → 35 (+1)
5% less capital invested
Capital invested by funds: $75.4M → $71.5M (-$3.89M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.53M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$440K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$420K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$304K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.79M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.18M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$350K |
| 4 |
RVPG
Relative Value Partners Group
|
-$131K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$108K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $81.4K | -$4.27K | -501 | -5% |
|
27
Morgan Stanley
New York
| $62.9K | -$30K | -3,523 | -31% |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $41K | +$17.3K | +2,025 | +67% |
|
29
Wells Fargo
San Francisco,
California
| $16K | -$13.9K | -1,625 | -45% |
|
|
TJHA
30
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $11.8K | – | – | – |
|
|
IAIM
31
International Assets Investment Management
Orlando,
Florida
| $8.45K | +$8.85K | +1,038 | New |
|
32
US Bancorp
Minneapolis,
Minnesota
| $8K | – | – | – |
|
33
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $5K | – | – | – |
|
34
Bessemer Group
Woodbridge,
New Jersey
| $3K | +$2.95K | +346 | New |
|
|
AF
35
Allworth Financial
Folsom,
California
| $2.66K | – | – | – |
|
|
RVPG
36
Relative Value Partners Group
| – | -$131K | -15,764 | Closed |
|
|
37
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$108K | -12,398 | Closed |
|
GF Hedge Fund Activity: Q2 2024 in Review
35 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2024, worth a combined $71.5M — down 5.2% from $75.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GF positions and 2 closed out — a net gain of 1 holder — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.53M. The largest seller was Lazard Asset Management, cutting an estimated $1.79M.
- 35 institutional investors held New Germany Fund (GF) as of Q2 2024, up from 34 in Q1 2024.
- Funds reported $71.5M of New Germany Fund stock for Q2 2024, down 5.2% quarter-over-quarter.
- 3 funds opened new New Germany Fund positions in Q2 2024 and 2 closed out, a net change of +1 holder.
- The largest New Germany Fund buyer in Q2 2024 was Karpus Investment Management, an estimated $2.53M added.
- The largest New Germany Fund seller in Q2 2024 was Lazard Asset Management, an estimated $1.79M sold.
Based on aggregated 13F filings for Q2 2024.