We are live on ! Find out more
GF

New Germany Fund

41 hedge funds and large institutions have $158M invested in New Germany Fund in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 5

24% more funds holding

Funds holding: 3341 (+8)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.35% less ownership

Funds ownership: 51.96%49.61% (-2.3%)

8% less capital invested

Capital invested by funds: $171M → $158M (-$13M)

50% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 8

Holders
41
Holders Change
+8
Holders Change %
+24.24%
% of All Funds
1.19%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
4
Reduced
8
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
1
Lazard Asset Management
New York
$74.1M +$2.19M +98,596 +3%
1CP
2
1607 Capital Partners
Virginia
$35.3M -$3.14M -141,027 -7%
Wells Fargo
3
Wells Fargo
California
$18.4M -$677K -30,452 -3%
KIM
4
Karpus Investment Management
New York
$10.6M -$4.03M -181,094 -25%
SI
5
SII Investments
Wisconsin
$2.84M -$26.5K -1,191 -0.8%
GF
6
Gabelli Funds
New York
$2.65M
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$2.21M +$19.4K +870 +0.8%
DT
8
Diversified Trust
Tennessee
$1.77M
GFM
9
Gramercy Funds Management
Connecticut
$1.31M -$2.8M -125,875 -66%
WAM
10
Weiss Asset Management
Massachusetts
$1.24M +$1.39M +62,407 New
Bank of America
11
Bank of America
North Carolina
$1.14M +$25.7K +1,156 +2%
TJHA
12
Thomas J. Herzfeld Advisors
Florida
$897K -$22 -1 -0%
SFS
13
Shaker Financial Services
Virginia
$879K -$828K -37,226 -46%
TC
14
TFS Capital
Pennsylvania
$869K +$969K +43,587 New
WEC
15
Winslow Evans & Crocker
Massachusetts
$771K +$860K +38,680 New
CL
16
CSS LLC
Illinois
$719K +$803K +36,101 New
Morgan Stanley
17
Morgan Stanley
New York
$322K +$360K +16,194 New
RVP
18
Relative Value Partners
Illinois
$298K
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$259K +$201K +9,023 +231%
ClearBridge Investments
20
ClearBridge Investments
New York
$251K
Northern Trust
21
Northern Trust
Illinois
$217K
GI
22
GAMCO Investors
Connecticut
$216K
LPL Financial
23
LPL Financial
California
$213K
SG Americas Securities
24
SG Americas Securities
New York
$205K +$229K +10,306 New
First Eagle Investment Management
25
First Eagle Investment Management
New York
$184K

GF Hedge Fund Activity: Q4 2013 in Review

41 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q4 2013, worth a combined $158M — down 7.6% from $171M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new GF positions and 5 closed out — a net gain of 9 holders — while 4 added to existing stakes and 8 trimmed.

The largest buyer was Lazard Asset Management, adding an estimated $2.19M. The largest seller was Karpus Investment Management, cutting an estimated $4.03M.

  • 41 institutional investors held New Germany Fund (GF) as of Q4 2013, up from 33 in Q3 2013.
  • Funds reported $158M of New Germany Fund stock for Q4 2013, down 7.6% quarter-over-quarter.
  • 14 funds opened new New Germany Fund positions in Q4 2013 and 5 closed out, a net change of +9 holders.
  • The largest New Germany Fund buyer in Q4 2013 was Lazard Asset Management, an estimated $2.19M added.
  • The largest New Germany Fund seller in Q4 2013 was Karpus Investment Management, an estimated $4.03M sold.

Based on aggregated 13F filings for Q4 2013.