Herzfeld Credit Income Fund
HERZ
24 hedge funds and large institutions have $13.7M invested in Herzfeld Credit Income Fund in 2018 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.21% less ownership
Funds ownership: 4.69% → 4.48% (-0.21%)
7% less capital invested
Capital invested by funds: $14.7M → $13.7M (-$1.04M)
8% less funds holding
Funds holding: 26 → 24 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$228K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$194K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$93.9K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$65.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$15.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$455K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$414K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$226K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$73.8K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$59.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
26
FNY Investment Advisers
New York
| – | -$2K | -40 | Closed |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -13 | Closed |
|
HERZ Hedge Fund Activity: Q3 2018 in Review
24 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q3 2018, worth a combined $13.7M — down 7.1% from $14.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of HERZ and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was Guggenheim Capital, adding an estimated $228K. The largest seller was Bulldog Investors, exiting entirely with an estimated $455K sold.
- 24 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q3 2018, down from 26 in Q2 2018.
- Funds reported $13.7M of Herzfeld Credit Income Fund stock for Q3 2018, down 7.1% quarter-over-quarter.
- 1 fund opened new Herzfeld Credit Income Fund positions in Q3 2018 and 3 closed out, a net change of -2 holders.
- The largest Herzfeld Credit Income Fund buyer in Q3 2018 was Guggenheim Capital, an estimated $228K added.
- The largest Herzfeld Credit Income Fund seller in Q3 2018 was Bulldog Investors, an estimated $455K sold.
Based on aggregated 13F filings for Q3 2018.