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GF

New Germany Fund

34 hedge funds and large institutions have $148M invested in New Germany Fund in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 9

1.48% more ownership

Funds ownership: 49.98%51.46% (+1.5%)

5% less capital invested

Capital invested by funds: $156M → $148M (-$7.36M)

3% less funds holding

Funds holding: 3534 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
34
Holders Change
-1
Holders Change %
-2.86%
% of All Funds
0.78%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
2
Increased
17
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
1
Lazard Asset Management
New York
$43.9M -$1.28M -66,601 -3%
Wells Fargo
2
Wells Fargo
California
$36.6M +$8.32K +434 +0%
1CP
3
1607 Capital Partners
Virginia
$19M -$483K -25,200 -2%
KIM
4
Karpus Investment Management
New York
$13.4M +$315K +16,441 +2%
COLIM
5
City of London Investment Management
United Kingdom
$8.81M +$3.34M +174,390 +56%
GF
6
Gabelli Funds
New York
$4.8M
UCI
7
Uncommon Cents Investing
Wisconsin
$4.37M -$4.91K -256 -0.1%
SFS
8
Shaker Financial Services
Virginia
$3.68M +$316K +16,469 +9%
TJHA
9
Thomas J. Herzfeld Advisors
Florida
$2.97M +$183K +9,550 +6%
AA
10
Advisory Alpha
Michigan
$1.89M -$21.9K -1,140 -1%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$1.7M +$2.88K +150 +0.2%
Bank of America
12
Bank of America
North Carolina
$1.26M +$90.1K +4,698 +7%
CA
13
Cornerstone Advisors
North Carolina
$1.23M +$541K +28,230 +72%
CL
14
CSS LLC
Illinois
$772K +$30.5K +1,592 +4%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$649K -$41.5K -2,165 -6%
RVPG
16
Relative Value Partners Group
$567K +$8.63K +450 +1%
GI
17
GAMCO Investors
Connecticut
$392K
WAM
18
Wolverine Asset Management
Illinois
$369K +$88.5K +4,617 +30%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$287K +$52.5K +2,741 +21%
AL
20
Arnhold LLC
New York
$268K +$10.6K +552 +4%
CRC
21
Curi RMB Capital
Illinois
$265K +$278K +14,525 New
BC
22
Brinker Capital
Pennsylvania
$257K -$13.5K -703 -5%
Northern Trust
23
Northern Trust
Illinois
$231K
SPC
24
Sigma Planning Corp
Michigan
$231K +$9.14K +477 +4%
Morgan Stanley
25
Morgan Stanley
New York
$208K -$95K -4,956 -30%

GF Hedge Fund Activity: Q2 2018 in Review

34 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2018, worth a combined $148M — down 4.7% from $156M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of GF and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 17 added.

The largest buyer was City of London Investment Management, adding an estimated $3.34M. The largest seller was Lazard Asset Management, cutting an estimated $1.28M.

  • 34 institutional investors held New Germany Fund (GF) as of Q2 2018, down from 35 in Q1 2018.
  • Funds reported $148M of New Germany Fund stock for Q2 2018, down 4.7% quarter-over-quarter.
  • 2 funds opened new New Germany Fund positions in Q2 2018 and 3 closed out, a net change of -1 holder.
  • The largest New Germany Fund buyer in Q2 2018 was City of London Investment Management, an estimated $3.34M added.
  • The largest New Germany Fund seller in Q2 2018 was Lazard Asset Management, an estimated $1.28M sold.

Based on aggregated 13F filings for Q2 2018.