New Germany Fund
39 hedge funds and large institutions have $131M invested in New Germany Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
31% more capital invested
Capital invested by funds: $99.9M → $131M (+$31.2M)
8% more funds holding
Funds holding: 36 → 39 (+3)
1.81% more ownership
Funds ownership: 53.1% → 54.9% (+1.8%)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$1.63M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$858K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$168K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$925K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$754K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$615K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$414K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$285K |
GF Hedge Fund Activity: Q2 2020 in Review
39 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q2 2020, worth a combined $131M — up 31% from $99.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GF positions and 2 closed out — a net gain of 3 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $1.63M. The largest seller was City of London Investment Management, cutting an estimated $925K.
- 39 institutional investors held New Germany Fund (GF) as of Q2 2020, up from 36 in Q1 2020.
- Funds reported $131M of New Germany Fund stock for Q2 2020, up 31% quarter-over-quarter.
- 5 funds opened new New Germany Fund positions in Q2 2020 and 2 closed out, a net change of +3 holders.
- The largest New Germany Fund buyer in Q2 2020 was Lazard Asset Management, an estimated $1.63M added.
- The largest New Germany Fund seller in Q2 2020 was City of London Investment Management, an estimated $925K sold.
Based on aggregated 13F filings for Q2 2020.