New Germany Fund
33 hedge funds and large institutions have $117M invested in New Germany Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 2 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
22% more capital invested
Capital invested by funds: $95.6M → $117M (+$21.4M)
3% more funds holding
Funds holding: 32 → 33 (+1)
0.86% more ownership
Funds ownership: 51.96% → 52.82% (+0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.19M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$790K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$373K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$1.42M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$161K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$148K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$94.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$64K |
GF Hedge Fund Activity: Q1 2019 in Review
33 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q1 2019, worth a combined $117M — up 22% from $95.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GF positions and 2 closed out — a net gain of 1 holder — while 14 added to existing stakes and 9 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $1.7M. The largest seller was Lazard Asset Management, cutting an estimated $1.42M.
- 33 institutional investors held New Germany Fund (GF) as of Q1 2019, up from 32 in Q4 2018.
- Funds reported $117M of New Germany Fund stock for Q1 2019, up 22% quarter-over-quarter.
- 3 funds opened new New Germany Fund positions in Q1 2019 and 2 closed out, a net change of +1 holder.
- The largest New Germany Fund buyer in Q1 2019 was City of London Investment Management, an estimated $1.7M added.
- The largest New Germany Fund seller in Q1 2019 was Lazard Asset Management, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2019.