New Germany Fund
37 hedge funds and large institutions have $170M invested in New Germany Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 3 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
3% more funds holding
Funds holding: 36 → 37 (+1)
3% more capital invested
Capital invested by funds: $164M → $170M (+$5.61M)
0.22% less ownership
Funds ownership: 54.79% → 54.57% (-0.22%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$1.01M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$998K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$919K |
| 4 |
BMCM
Black Maple Capital Management
Milwaukee,
Wisconsin
|
+$258K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.97M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.37M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$464K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$275K |
| 5 |
OIM
Oder Investment Management
Woodland Hills,
California
|
-$53K |
GF Hedge Fund Activity: Q1 2021 in Review
37 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q1 2021, worth a combined $170M — up 3.4% from $164M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GF positions and 3 closed out — a net gain of 2 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $1.01M. The largest seller was Karpus Investment Management, cutting an estimated $2.97M.
- 37 institutional investors held New Germany Fund (GF) as of Q1 2021, up from 36 in Q4 2020.
- Funds reported $170M of New Germany Fund stock for Q1 2021, up 3.4% quarter-over-quarter.
- 5 funds opened new New Germany Fund positions in Q1 2021 and 3 closed out, a net change of +2 holders.
- The largest New Germany Fund buyer in Q1 2021 was Lazard Asset Management, an estimated $1.01M added.
- The largest New Germany Fund seller in Q1 2021 was Karpus Investment Management, an estimated $2.97M sold.
Based on aggregated 13F filings for Q1 2021.