New Germany Fund
31 hedge funds and large institutions have $73.3M invested in New Germany Fund in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 3 closing their positions.
0.6% more ownership
Funds ownership: 51.75% → 52.35% (+0.6%)
6% less funds holding
Funds holding: 33 → 31 (-2)
8% less capital invested
Capital invested by funds: $79.7M → $73.3M (-$6.35M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$448K |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$395K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$231K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$226K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$207K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$186K |
| 3 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
-$132K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$79.3K |
| 5 |
Lazard Asset Management
New York
|
-$77.2K |
GF Hedge Fund Activity: Q3 2023 in Review
31 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q3 2023, worth a combined $73.3M — down 8% from $79.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GF and 1 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was 1607 Capital Partners, adding an estimated $448K. The largest seller was CIBC Private Wealth Group, exiting entirely with an estimated $207K sold.
- 31 institutional investors held New Germany Fund (GF) as of Q3 2023, down from 33 in Q2 2023.
- Funds reported $73.3M of New Germany Fund stock for Q3 2023, down 8% quarter-over-quarter.
- 1 fund opened new New Germany Fund positions in Q3 2023 and 3 closed out, a net change of -2 holders.
- The largest New Germany Fund buyer in Q3 2023 was 1607 Capital Partners, an estimated $448K added.
- The largest New Germany Fund seller in Q3 2023 was CIBC Private Wealth Group, an estimated $207K sold.
Based on aggregated 13F filings for Q3 2023.