Herzfeld Credit Income Fund
HERZ
16 hedge funds and large institutions have $4.43M invested in Herzfeld Credit Income Fund in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 7 closing their positions.
2.12% less ownership
Funds ownership: 9.92% → 7.81% (-2.1%)
18% less capital invested
Capital invested by funds: $5.41M → $4.43M (-$975K)
20% less funds holding
Funds holding: 20 → 16 (-4)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$131K |
| 2 |
LPL Financial
San Diego,
California
|
+$120K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$29.2K |
| 4 |
UFA
US Financial Advisors
Braintree,
Massachusetts
|
+$3.68K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.68K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$542K |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$455K |
| 3 |
SGH
Schonfeld Group Holdings
Jericho,
New York
|
-$247K |
| 4 |
Goldman Sachs
New York
|
-$125K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$27.2K |
HERZ Hedge Fund Activity: Q1 2015 in Review
16 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q1 2015, worth a combined $4.43M — down 18% from $5.41M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of HERZ and 3 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Morgan Stanley, adding an estimated $131K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $542K sold.
- 16 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q1 2015, down from 20 in Q4 2014.
- Funds reported $4.43M of Herzfeld Credit Income Fund stock for Q1 2015, down 18% quarter-over-quarter.
- 3 funds opened new Herzfeld Credit Income Fund positions in Q1 2015 and 7 closed out, a net change of -4 holders.
- The largest Herzfeld Credit Income Fund buyer in Q1 2015 was Morgan Stanley, an estimated $131K added.
- The largest Herzfeld Credit Income Fund seller in Q1 2015 was Virtu KCG Holdings, an estimated $542K sold.
Based on aggregated 13F filings for Q1 2015.