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HERZ

Herzfeld Credit Income Fund

21 hedge funds and large institutions have $5.13M invested in Herzfeld Credit Income Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

26% more capital invested

Capital invested by funds: $4.09M → $5.13M (+$1.04M)

5% more funds holding

Funds holding: 2021 (+1)

17% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 6

Holders
21
Holders Change
+1
Holders Change %
+5%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
5
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TJHA
1
Thomas J. Herzfeld Advisors
Florida
$2.65M
DA
2
Doliver Advisors
Texas
$689K +$93.3K +1,916 +16%
COLIM
3
City of London Investment Management
United Kingdom
$628K +$627K +12,887 New
LPL Financial
4
LPL Financial
California
$278K +$68.4K +1,405 +33%
RJA
5
Raymond James & Associates
Florida
$200K +$27K +554 +16%
GFM
6
Gramercy Funds Management
Connecticut
$169K +$169K +3,475 New
BA
7
Bennicas & Associates
California
$110K
CLOS
8
Compagnie Lombard Odier SCmA
Switzerland
$103K
Carson Wealth (CWM LLC)
9
Carson Wealth (CWM LLC)
Nebraska
$57K -$6.28K -129 -10%
UBS Group
10
UBS Group
Switzerland
$52K +$28.3K +582 +122%
Bank of America
11
Bank of America
North Carolina
$42K -$1.27K -26 -3%
LTFS
12
Ladenburg Thalmann Financial Services
Florida
$40K +$15.7K +322 +64%
Morgan Stanley
13
Morgan Stanley
New York
$31K -$23.5K -483 -43%
BBPWM
14
Blue Bell Private Wealth Management
Pennsylvania
$28K +$27.5K +565 New
SSB
15
Sandy Spring Bank
Maryland
$17K
IA
16
IFP Advisors
Florida
$9K -$31.3K -644 -78%
DADC
17
D.A. Davidson & Co
Montana
$9K +$9.64K +198 New
Citigroup
18
Citigroup
New York
$6K
KTC
19
Kistler-Tiffany Companies
Pennsylvania
$5K
Creative Planning
20
Creative Planning
Kansas
$3K -$44.3K -911 -93%
Wells Fargo
21
Wells Fargo
California
$2K -$584 -12 -23%
US Bancorp
22
US Bancorp
Minnesota
-$13K -271 Closed
Deutsche Bank
23
Deutsche Bank
Germany
-$6K -142 Closed
TRCT
24
Tower Research Capital (TRC)
New York
-$4K -77 Closed

HERZ Hedge Fund Activity: Q3 2016 in Review

21 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q3 2016, worth a combined $5.13M — up 26% from $4.09M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new HERZ positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 6 trimmed.

The largest buyer was City of London Investment Management, opening a new position worth an estimated $627K. The largest seller was Creative Planning, cutting an estimated $44.3K.

  • 21 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q3 2016, up from 20 in Q2 2016.
  • Funds reported $5.13M of Herzfeld Credit Income Fund stock for Q3 2016, up 26% quarter-over-quarter.
  • 4 funds opened new Herzfeld Credit Income Fund positions in Q3 2016 and 3 closed out, a net change of +1 holder.
  • The largest Herzfeld Credit Income Fund buyer in Q3 2016 was City of London Investment Management, an estimated $627K added.
  • The largest Herzfeld Credit Income Fund seller in Q3 2016 was Creative Planning, an estimated $44.3K sold.

Based on aggregated 13F filings for Q3 2016.