New Germany Fund
35 hedge funds and large institutions have $100M invested in New Germany Fund in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
3% more funds holding
Funds holding: 34 → 35 (+1)
0.27% less ownership
Funds ownership: 46.39% → 46.12% (-0.27%)
11% less capital inflows, than outflows
Capital inflows: $5.27M | Capital outflows: $5.93M
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.71M |
| 2 |
Weiss Asset Management
Boston,
Massachusetts
|
+$2.03M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$275K |
| 4 |
SG Americas Securities
New York
|
+$121K |
| 5 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$66.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1607 Capital Partners
Richmond,
Virginia
|
-$1.92M |
| 2 |
Karpus Investment Management
Pittsford,
New York
|
-$1.36M |
| 3 |
Gramercy Funds Management
Greenwich,
Connecticut
|
-$964K |
| 4 |
Lazard Asset Management
New York
|
-$765K |
| 5 |
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$678K |
GF Hedge Fund Activity: Q4 2014 in Review
35 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q4 2014, worth a combined $100M — down 16% from $120M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GF positions and 3 closed out — a net gain of 3 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.71M. The largest seller was 1607 Capital Partners, cutting an estimated $1.92M.
- 35 institutional investors held New Germany Fund (GF) as of Q4 2014, up from 34 in Q3 2014.
- Funds reported $100M of New Germany Fund stock for Q4 2014, down 16% quarter-over-quarter.
- 6 funds opened new New Germany Fund positions in Q4 2014 and 3 closed out, a net change of +3 holders.
- The largest New Germany Fund buyer in Q4 2014 was Wells Fargo, an estimated $2.71M added.
- The largest New Germany Fund seller in Q4 2014 was 1607 Capital Partners, an estimated $1.92M sold.
Based on aggregated 13F filings for Q4 2014.