New Germany Fund
37 hedge funds and large institutions have $107M invested in New Germany Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 5 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
63% more capital inflows, than outflows
Capital inflows: $2.62M | Capital outflows: $1.61M
0.54% more ownership
Funds ownership: 47.11% → 47.65% (+0.54%)
5% less funds holding
Funds holding: 39 → 37 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
+$463K |
| 2 |
Karpus Investment Management
Pittsford,
New York
|
+$396K |
| 3 |
Citigroup
New York
|
+$240K |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
+$214K |
| 5 |
Gabelli Funds
Rye,
New York
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tocqueville Asset Management
New York
|
-$679K |
| 2 |
Ancora Family Wealth Advisors
Cleveland,
Ohio
|
-$629K |
| 3 |
SG Americas Securities
New York
|
-$105K |
| 4 |
Lazard Asset Management
New York
|
-$76.3K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$36.3K |
GF Hedge Fund Activity: Q1 2016 in Review
37 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q1 2016, worth a combined $107M — down 3% from $110M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GF and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 17 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $463K. The largest seller was Tocqueville Asset Management, exiting entirely with an estimated $679K sold.
- 37 institutional investors held New Germany Fund (GF) as of Q1 2016, down from 39 in Q4 2015.
- Funds reported $107M of New Germany Fund stock for Q1 2016, down 3% quarter-over-quarter.
- 4 funds opened new New Germany Fund positions in Q1 2016 and 5 closed out, a net change of -1 holder.
- The largest New Germany Fund buyer in Q1 2016 was Shaker Financial Services, an estimated $463K added.
- The largest New Germany Fund seller in Q1 2016 was Tocqueville Asset Management, an estimated $679K sold.
Based on aggregated 13F filings for Q1 2016.