Herzfeld Credit Income Fund
HERZ
23 hedge funds and large institutions have $11.6M invested in Herzfeld Credit Income Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.
13% more capital invested
Capital invested by funds: $10.3M → $11.6M (+$1.31M)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.25% less ownership
Funds ownership: 4.44% → 4.19% (-0.25%)
4% less funds holding
Funds holding: 24 → 23 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$164K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$117K |
| 3 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$101K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$32.9K |
| 5 |
Morgan Stanley
New York
|
+$16.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$689K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$269K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$79K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$46.1K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$7.85K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -44 | Closed |
|
27
Bank of America
Charlotte,
North Carolina
| – | -$1K | -24 | Closed |
|
HERZ Hedge Fund Activity: Q1 2019 in Review
23 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q1 2019, worth a combined $11.6M — up 13% from $10.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of HERZ and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 6 added.
The largest buyer was Shaker Financial Services, adding an estimated $164K. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $689K.
- 23 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q1 2019, down from 24 in Q4 2018.
- Funds reported $11.6M of Herzfeld Credit Income Fund stock for Q1 2019, up 13% quarter-over-quarter.
- 3 funds opened new Herzfeld Credit Income Fund positions in Q1 2019 and 4 closed out, a net change of -1 holder.
- The largest Herzfeld Credit Income Fund buyer in Q1 2019 was Shaker Financial Services, an estimated $164K added.
- The largest Herzfeld Credit Income Fund seller in Q1 2019 was Thomas J. Herzfeld Advisors, an estimated $689K sold.
Based on aggregated 13F filings for Q1 2019.