New Germany Fund
33 hedge funds and large institutions have $96.4M invested in New Germany Fund in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 9 closing their positions.
30% more capital invested
Capital invested by funds: $74.4M → $96.4M (+$22M)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
1.77% more ownership
Funds ownership: 58.21% → 59.98% (+1.8%)
15% less funds holding
Funds holding: 39 → 33 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$5.9M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.15M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$894K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$658K |
| 5 |
UCI
Uncommon Cents Investing
Janesville,
Wisconsin
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.5M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$713K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$703K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$692K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$656K |
GF Hedge Fund Activity: Q1 2025 in Review
33 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in New Germany Fund (GF) for Q1 2025, worth a combined $96.4M — up 30% from $74.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GF and 3 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was Lazard Asset Management, adding an estimated $5.9M. The largest seller was Shaker Financial Services, cutting an estimated $1.5M.
- 33 institutional investors held New Germany Fund (GF) as of Q1 2025, down from 39 in Q4 2024.
- Funds reported $96.4M of New Germany Fund stock for Q1 2025, up 30% quarter-over-quarter.
- 3 funds opened new New Germany Fund positions in Q1 2025 and 9 closed out, a net change of -6 holders.
- The largest New Germany Fund buyer in Q1 2025 was Lazard Asset Management, an estimated $5.9M added.
- The largest New Germany Fund seller in Q1 2025 was Shaker Financial Services, an estimated $1.5M sold.
Based on aggregated 13F filings for Q1 2025.