Herzfeld Credit Income Fund
HERZ
23 hedge funds and large institutions have $13M invested in Herzfeld Credit Income Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 0 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
22% more capital invested
Capital invested by funds: $10.7M → $13M (+$2.31M)
21% more funds holding
Funds holding: 19 → 23 (+4)
4.63% more ownership
Funds ownership: 24.6% → 29.23% (+4.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.08M |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$372K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$238K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$164K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$45.2K |
| 2 |
Morgan Stanley
New York
|
-$25.9K |
HERZ Hedge Fund Activity: Q3 2017 in Review
23 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q3 2017, worth a combined $13M — up 22% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HERZ positions and 0 closed out — a net gain of 4 holders — while 8 added to existing stakes and 2 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $1.08M. The largest seller was Bank of America, cutting an estimated $45.2K.
- 23 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q3 2017, up from 19 in Q2 2017.
- Funds reported $13M of Herzfeld Credit Income Fund stock for Q3 2017, up 22% quarter-over-quarter.
- 4 funds opened new Herzfeld Credit Income Fund positions in Q3 2017 and 0 closed out, a net change of +4 holders.
- The largest Herzfeld Credit Income Fund buyer in Q3 2017 was City of London Investment Management, an estimated $1.08M added.
- The largest Herzfeld Credit Income Fund seller in Q3 2017 was Bank of America, an estimated $45.2K sold.
Based on aggregated 13F filings for Q3 2017.