New Germany Fund
41 hedge funds and large institutions have $111M invested in New Germany Fund in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
60% more capital inflows, than outflows
Capital inflows: $5.27M | Capital outflows: $3.3M
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
5% more funds holding
Funds holding: 39 → 41 (+2)
0.87% more ownership
Funds ownership: 47.23% → 48.11% (+0.87%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$1.6M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
+$1.32M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$866K |
| 4 |
Curi RMB Capital
Chicago,
Illinois
|
+$814K |
| 5 |
Citigroup
New York
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$2.35M |
| 2 |
Gramercy Funds Management
Greenwich,
Connecticut
|
-$256K |
| 3 |
Relative Value Partners Group
|
-$158K |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
-$118K |
| 5 |
Kelman-Lazarov Inc
Memphis,
Tennessee
|
-$71.1K |
GF Hedge Fund Activity: Q3 2016 in Review
41 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q3 2016, worth a combined $111M — up 11% from $100M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GF positions and 4 closed out — a net gain of 3 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.6M. The largest seller was Lazard Asset Management, cutting an estimated $2.35M.
- 41 institutional investors held New Germany Fund (GF) as of Q3 2016, up from 39 in Q2 2016.
- Funds reported $111M of New Germany Fund stock for Q3 2016, up 11% quarter-over-quarter.
- 7 funds opened new New Germany Fund positions in Q3 2016 and 4 closed out, a net change of +3 holders.
- The largest New Germany Fund buyer in Q3 2016 was Karpus Investment Management, an estimated $1.6M added.
- The largest New Germany Fund seller in Q3 2016 was Lazard Asset Management, an estimated $2.35M sold.
Based on aggregated 13F filings for Q3 2016.