New Germany Fund
33 hedge funds and large institutions have $171M invested in New Germany Fund in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 7 closing their positions.
9% more capital invested
Capital invested by funds: $157M → $171M (+$14.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.49% less ownership
Funds ownership: 55.44% → 51.96% (-3.5%)
6% less funds holding
Funds holding: 35 → 33 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.63M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.68M |
| 3 |
WG
Winchester Group
New York
|
+$426K |
| 4 |
DT
Diversified Trust
Memphis,
Tennessee
|
+$204K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$57.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.61M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$4.4M |
| 3 |
Lazard Asset Management
New York
|
-$1.4M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.21M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.02M |
GF Hedge Fund Activity: Q3 2013 in Review
33 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q3 2013, worth a combined $171M — up 9.2% from $157M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GF and 5 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.63M. The largest seller was 1607 Capital Partners, cutting an estimated $4.61M.
- 33 institutional investors held New Germany Fund (GF) as of Q3 2013, down from 35 in Q2 2013.
- Funds reported $171M of New Germany Fund stock for Q3 2013, up 9.2% quarter-over-quarter.
- 5 funds opened new New Germany Fund positions in Q3 2013 and 7 closed out, a net change of -2 holders.
- The largest New Germany Fund buyer in Q3 2013 was Susquehanna International Group, an estimated $2.63M added.
- The largest New Germany Fund seller in Q3 2013 was 1607 Capital Partners, an estimated $4.61M sold.
Based on aggregated 13F filings for Q3 2013.