New Germany Fund
39 hedge funds and large institutions have $99.8M invested in New Germany Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
5% more funds holding
Funds holding: 37 → 39 (+2)
0.42% less ownership
Funds ownership: 47.65% → 47.23% (-0.42%)
7% less capital invested
Capital invested by funds: $107M → $99.8M (-$7.17M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.04M |
| 2 |
Citigroup
New York
|
+$759K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$470K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$240K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$175K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.19M |
| 2 |
Lazard Asset Management
New York
|
-$1.13M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$351K |
| 4 |
LPL Financial
San Diego,
California
|
-$209K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$112K |
GF Hedge Fund Activity: Q2 2016 in Review
39 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2016, worth a combined $99.8M — down 6.7% from $107M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GF positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.04M. The largest seller was City of London Investment Management, exiting entirely with an estimated $1.19M sold.
- 39 institutional investors held New Germany Fund (GF) as of Q2 2016, up from 37 in Q1 2016.
- Funds reported $99.8M of New Germany Fund stock for Q2 2016, down 6.7% quarter-over-quarter.
- 5 funds opened new New Germany Fund positions in Q2 2016 and 3 closed out, a net change of +2 holders.
- The largest New Germany Fund buyer in Q2 2016 was Karpus Investment Management, an estimated $1.04M added.
- The largest New Germany Fund seller in Q2 2016 was City of London Investment Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2016.