New Germany Fund
35 hedge funds and large institutions have $154M invested in New Germany Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more funds holding
Funds holding: 33 → 35 (+2)
5% more capital invested
Capital invested by funds: $146M → $154M (+$7.34M)
0.13% more ownership
Funds ownership: 49.39% → 49.53% (+0.13%)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.63M |
| 2 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
+$398K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$235K |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$220K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SII Investments
Appleton,
Wisconsin
|
-$4.53M |
| 2 |
Lazard Asset Management
New York
|
-$712K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$335K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$307K |
| 5 |
ClearBridge Investments
New York
|
-$271K |
GF Hedge Fund Activity: Q4 2017 in Review
35 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q4 2017, worth a combined $154M — up 5% from $146M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GF positions and 5 closed out — a net gain of 2 holders — while 5 added to existing stakes and 10 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $1.63M. The largest seller was SII Investments, exiting entirely with an estimated $4.53M sold.
- 35 institutional investors held New Germany Fund (GF) as of Q4 2017, up from 33 in Q3 2017.
- Funds reported $154M of New Germany Fund stock for Q4 2017, up 5% quarter-over-quarter.
- 7 funds opened new New Germany Fund positions in Q4 2017 and 5 closed out, a net change of +2 holders.
- The largest New Germany Fund buyer in Q4 2017 was City of London Investment Management, an estimated $1.63M added.
- The largest New Germany Fund seller in Q4 2017 was SII Investments, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2017.