Herzfeld Credit Income Fund
HERZ
24 hedge funds and large institutions have $15.4M invested in Herzfeld Credit Income Fund in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 3 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
18% more capital invested
Capital invested by funds: $13M → $15.4M (+$2.36M)
5.8% more ownership
Funds ownership: 29.23% → 35.03% (+5.8%)
4% more funds holding
Funds holding: 23 → 24 (+1)
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
|
+$1.29M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.19M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$222K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$146K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$236K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$214K |
| 3 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
-$121K |
| 4 |
VF
Virtu Financial
New York
|
-$79K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$21.2K |
HERZ Hedge Fund Activity: Q4 2017 in Review
24 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q4 2017, worth a combined $15.4M — up 18% from $13M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HERZ positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 4 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $1.29M. The largest seller was Gramercy Funds Management, exiting entirely with an estimated $236K sold.
- 24 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q4 2017, up from 23 in Q3 2017.
- Funds reported $15.4M of Herzfeld Credit Income Fund stock for Q4 2017, up 18% quarter-over-quarter.
- 4 funds opened new Herzfeld Credit Income Fund positions in Q4 2017 and 3 closed out, a net change of +1 holder.
- The largest Herzfeld Credit Income Fund buyer in Q4 2017 was City of London Investment Management, an estimated $1.29M added.
- The largest Herzfeld Credit Income Fund seller in Q4 2017 was Gramercy Funds Management, an estimated $236K sold.
Based on aggregated 13F filings for Q4 2017.