New Germany Fund
33 hedge funds and large institutions have $121M invested in New Germany Fund in 2025 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 3 closing their positions.
26% more capital invested
Capital invested by funds: $96.4M → $121M (+$24.7M)
4.68% more ownership
Funds ownership: 59.98% → 64.67% (+4.7%)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.51M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.21M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.14M |
| 4 |
Lazard Asset Management
New York
|
+$759K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$510K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$985K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$798K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$476K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$197K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
CoreCap Advisors
Southfield,
Michigan
| $38.8K | -$62.4K | -5,750 | -64% |
|
27
UBS Group
Zurich,
Switzerland
| $32K | +$17.5K | +1,610 | +150% |
|
28
Raymond James Financial
St Petersburg,
Florida
| $23.8K | +$21.7K | +1,996 | New |
|
|
TJHA
29
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $20.8K | +$260 | +24 | +1% |
|
30
Wells Fargo
San Francisco,
California
| $14.3K | +$2.16K | +199 | +20% |
|
31
US Bancorp
Minneapolis,
Minnesota
| $11.7K | -$2.66K | -245 | -20% |
|
32
Bank of America
Charlotte,
North Carolina
| $11.5K | – | – | – |
|
33
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $7K | – | – | – |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$162K | -16,489 | Closed |
|
35
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$12.8K | -1,306 | Closed |
|
|
AF
36
Allworth Financial
Folsom,
California
| – | -$3.22K | -314 | Closed |
|
GF Hedge Fund Activity: Q2 2025 in Review
33 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2025, worth a combined $121M — up 26% from $96.4M a quarter earlier.
Fund positioning in GF was balanced in Q2 2025: 3 funds opened new positions, 3 closed out, 9 added to existing stakes and 14 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.51M. The largest seller was 1607 Capital Partners, cutting an estimated $985K.
- 33 institutional investors held New Germany Fund (GF) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $121M of New Germany Fund stock for Q2 2025, up 26% quarter-over-quarter.
- 3 funds opened new New Germany Fund positions in Q2 2025 and 3 closed out, a net change of 0 holders.
- The largest New Germany Fund buyer in Q2 2025 was Saba Capital Management, an estimated $2.51M added.
- The largest New Germany Fund seller in Q2 2025 was 1607 Capital Partners, an estimated $985K sold.
Based on aggregated 13F filings for Q2 2025.