New Germany Fund
34 hedge funds and large institutions have $120M invested in New Germany Fund in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
2.16% less ownership
Funds ownership: 48.55% → 46.39% (-2.2%)
14% less capital invested
Capital invested by funds: $140M → $120M (-$20.3M)
15% less funds holding
Funds holding: 40 → 34 (-6)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.95M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$490K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$213K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$142K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.66M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
-$2.75M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.06M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.06M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.05M |
GF Hedge Fund Activity: Q3 2014 in Review
34 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q3 2014, worth a combined $120M — down 14% from $140M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GF and 1 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Wells Fargo, adding an estimated $4.95M. The largest seller was 1607 Capital Partners, cutting an estimated $3.66M.
- 34 institutional investors held New Germany Fund (GF) as of Q3 2014, down from 40 in Q2 2014.
- Funds reported $120M of New Germany Fund stock for Q3 2014, down 14% quarter-over-quarter.
- 1 fund opened new New Germany Fund positions in Q3 2014 and 7 closed out, a net change of -6 holders.
- The largest New Germany Fund buyer in Q3 2014 was Wells Fargo, an estimated $4.95M added.
- The largest New Germany Fund seller in Q3 2014 was 1607 Capital Partners, an estimated $3.66M sold.
Based on aggregated 13F filings for Q3 2014.