New Germany Fund
39 hedge funds and large institutions have $81.3M invested in New Germany Fund in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
14% more capital invested
Capital invested by funds: $71.5M → $81.3M (+$9.8M)
11% more funds holding
Funds holding: 35 → 39 (+4)
1.92% more ownership
Funds ownership: 53.63% → 55.55% (+1.9%)
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.47M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$187K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$126K |
| 4 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
+$119K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$4.11M |
| 2 |
Lazard Asset Management
New York
|
-$860K |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$237K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$160K |
| 5 |
MIC
Meridian Investment Counsel
Lafayette,
California
|
-$142K |
GF Hedge Fund Activity: Q3 2024 in Review
39 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q3 2024, worth a combined $81.3M — up 14% from $71.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GF positions and 3 closed out — a net gain of 4 holders — while 8 added to existing stakes and 14 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $7.47M. The largest seller was City of London Investment Management, cutting an estimated $4.11M.
- 39 institutional investors held New Germany Fund (GF) as of Q3 2024, up from 35 in Q2 2024.
- Funds reported $81.3M of New Germany Fund stock for Q3 2024, up 14% quarter-over-quarter.
- 7 funds opened new New Germany Fund positions in Q3 2024 and 3 closed out, a net change of +4 holders.
- The largest New Germany Fund buyer in Q3 2024 was Saba Capital Management, an estimated $7.47M added.
- The largest New Germany Fund seller in Q3 2024 was City of London Investment Management, an estimated $4.11M sold.
Based on aggregated 13F filings for Q3 2024.