New Germany Fund
40 hedge funds and large institutions have $140M invested in New Germany Fund in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
8% more funds holding
Funds holding: 37 → 40 (+3)
0.82% more ownership
Funds ownership: 47.72% → 48.55% (+0.82%)
6% less capital invested
Capital invested by funds: $149M → $140M (-$8.36M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
+$2.78M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.16M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.06M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$608K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$7.9M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$456K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$282K |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$203K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$159K |
GF Hedge Fund Activity: Q2 2014 in Review
40 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2014, worth a combined $140M — down 5.6% from $149M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GF positions and 2 closed out — a net gain of 3 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Tocqueville Asset Management, opening a new position worth an estimated $2.78M. The largest seller was Lazard Asset Management, cutting an estimated $7.9M.
- 40 institutional investors held New Germany Fund (GF) as of Q2 2014, up from 37 in Q1 2014.
- Funds reported $140M of New Germany Fund stock for Q2 2014, down 5.6% quarter-over-quarter.
- 5 funds opened new New Germany Fund positions in Q2 2014 and 2 closed out, a net change of +3 holders.
- The largest New Germany Fund buyer in Q2 2014 was Tocqueville Asset Management, an estimated $2.78M added.
- The largest New Germany Fund seller in Q2 2014 was Lazard Asset Management, an estimated $7.9M sold.
Based on aggregated 13F filings for Q2 2014.