New Germany Fund
37 hedge funds and large institutions have $149M invested in New Germany Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 5 reducing their positions, and 5 closing their positions.
260% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.88% less ownership
Funds ownership: 49.61% → 47.72% (-1.9%)
6% less capital invested
Capital invested by funds: $158M → $149M (-$9.78M)
10% less funds holding
Funds holding: 41 → 37 (-4)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.84M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$853K |
| 3 |
SI
SII Investments
Appleton,
Wisconsin
|
+$668K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$661K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$608K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$9.2M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$869K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$751K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$600K |
| 5 |
SG Americas Securities
New York
|
-$205K |
GF Hedge Fund Activity: Q1 2014 in Review
37 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q1 2014, worth a combined $149M — down 6.2% from $158M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GF and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 18 added.
The largest buyer was Wells Fargo, adding an estimated $2.84M. The largest seller was Lazard Asset Management, cutting an estimated $9.2M.
- 37 institutional investors held New Germany Fund (GF) as of Q1 2014, down from 41 in Q4 2013.
- Funds reported $149M of New Germany Fund stock for Q1 2014, down 6.2% quarter-over-quarter.
- 3 funds opened new New Germany Fund positions in Q1 2014 and 5 closed out, a net change of -2 holders.
- The largest New Germany Fund buyer in Q1 2014 was Wells Fargo, an estimated $2.84M added.
- The largest New Germany Fund seller in Q1 2014 was Lazard Asset Management, an estimated $9.2M sold.
Based on aggregated 13F filings for Q1 2014.