Herzfeld Credit Income Fund
HERZ
22 hedge funds and large institutions have $18.7M invested in Herzfeld Credit Income Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 1 reducing their positions, and 5 closing their positions.
1,300% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 1
330% more capital invested
Capital invested by funds: $4.36M → $18.7M (+$14.4M)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
10% more funds holding
Funds holding: 20 → 22 (+2)
8.18% more ownership
Funds ownership: 2.34% → 10.52% (+8.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$5.81M |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$2.07M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.86M |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$1.29M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$357K |
| 2 |
AGM
Alpine Global Management
New York
|
-$251K |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$251K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$14K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$184 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
26
Boothbay Fund Management
New York
| – | -$251K | -8,812 | Closed |
|
|
27
UBS Group
Zurich,
Switzerland
| – | -$184 | -6 | Closed |
|
HERZ Hedge Fund Activity: Q4 2023 in Review
22 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q4 2023, worth a combined $18.7M — up 330% from $4.36M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new HERZ positions and 5 closed out — a net gain of 2 holders — while 14 added to existing stakes and 1 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $5.81M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $357K sold.
- 22 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q4 2023, up from 20 in Q3 2023.
- Funds reported $18.7M of Herzfeld Credit Income Fund stock for Q4 2023, up 330% quarter-over-quarter.
- 7 funds opened new Herzfeld Credit Income Fund positions in Q4 2023 and 5 closed out, a net change of +2 holders.
- The largest Herzfeld Credit Income Fund buyer in Q4 2023 was Thomas J. Herzfeld Advisors, an estimated $5.81M added.
- The largest Herzfeld Credit Income Fund seller in Q4 2023 was Wolverine Asset Management, an estimated $357K sold.
Based on aggregated 13F filings for Q4 2023.