Herzfeld Credit Income Fund
HERZ
25 hedge funds and large institutions have $9.37M invested in Herzfeld Credit Income Fund in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 3 closing their positions.
37% more capital invested
Capital invested by funds: $6.86M → $9.37M (+$2.5M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 24 → 25 (+1)
0.64% more ownership
Funds ownership: 2.15% → 2.78% (+0.64%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.69M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$209K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$198K |
| 4 |
AGM
Alpine Global Management
New York
|
+$144K |
| 5 |
Morgan Stanley
New York
|
+$24.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$134K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$37.3K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$20.2K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$18.8K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$12.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$134K | -2,568 | Closed |
|
27
Citigroup
New York
| – | -$7K | -129 | Closed |
|
|
KTC
28
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$5K | -97 | Closed |
|
HERZ Hedge Fund Activity: Q1 2017 in Review
25 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q1 2017, worth a combined $9.37M — up 37% from $6.86M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HERZ positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $1.69M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $134K sold.
- 25 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q1 2017, up from 24 in Q4 2016.
- Funds reported $9.37M of Herzfeld Credit Income Fund stock for Q1 2017, up 37% quarter-over-quarter.
- 4 funds opened new Herzfeld Credit Income Fund positions in Q1 2017 and 3 closed out, a net change of +1 holder.
- The largest Herzfeld Credit Income Fund buyer in Q1 2017 was Thomas J. Herzfeld Advisors, an estimated $1.69M added.
- The largest Herzfeld Credit Income Fund seller in Q1 2017 was Susquehanna International Group, an estimated $134K sold.
Based on aggregated 13F filings for Q1 2017.