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HERZ

Herzfeld Credit Income Fund

23 hedge funds and large institutions have $11.6M invested in Herzfeld Credit Income Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $10.3M → $11.6M (+$1.31M)

0% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 6

0.25% less ownership

Funds ownership: 4.44%4.19% (-0.25%)

4% less funds holding

Funds holding: 2423 (-1)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

Holders
23
Holders Change
-1
Holders Change %
-4.17%
% of All Funds
0.5%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
6
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TJHA
1
Thomas J. Herzfeld Advisors
Florida
$6.11M -$689K -15,795 -10%
COLIM
2
City of London Investment Management
United Kingdom
$2.61M
SFS
3
Shaker Financial Services
Virginia
$878K +$164K +3,759 +24%
CA
4
Cornerstone Advisors
North Carolina
$476K
BBPWM
5
Blue Bell Private Wealth Management
Pennsylvania
$379K -$7.85K -180 -2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$320K +$117K +2,690 +62%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$302K -$7.2K -165 -2%
LCM
8
Landscape Capital Management
New Jersey
$132K +$32.9K +755 +35%
LNC
9
Lincoln National Corp
Pennsylvania
$105K +$101K +2,316 New
CRC
10
Curi RMB Capital
Illinois
$85K -$46.1K -1,058 -36%
GC
11
Guggenheim Capital
Illinois
$83K -$269K -6,176 -77%
Morgan Stanley
12
Morgan Stanley
New York
$59K +$16.3K +374 +40%
CAC
13
Certified Advisory Corp
Florida
$36K
UBS Group
14
UBS Group
Switzerland
$26K +$5.54K +127 +28%
FHA
15
Flagship Harbor Advisors
Massachusetts
$9K
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$7K
TRCT
17
Tower Research Capital (TRC)
New York
$7K +$611 +14 +9%
Wells Fargo
18
Wells Fargo
California
$6K
RE
19
RBC Europe
United Kingdom
$5.85K
Carson Wealth (CWM LLC)
20
Carson Wealth (CWM LLC)
Nebraska
$4K -$2.83K -65 -46%
AG
21
Advisor Group
Arizona
$3K
GSWM
22
Golden State Wealth Management
California
$2K +$2.05K +47 New
JPLA
23
Joseph P. Lucia & Associates
New York
$500 +$16.7K +383 New
DA
24
Doliver Advisors
Texas
-$79K -2,079 Closed
IA
25
IFP Advisors
Florida
-$7K -184 Closed

HERZ Hedge Fund Activity: Q1 2019 in Review

23 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q1 2019, worth a combined $11.6M — up 13% from $10.3M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of HERZ and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 6 added.

The largest buyer was Shaker Financial Services, adding an estimated $164K. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $689K.

  • 23 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q1 2019, down from 24 in Q4 2018.
  • Funds reported $11.6M of Herzfeld Credit Income Fund stock for Q1 2019, up 13% quarter-over-quarter.
  • 3 funds opened new Herzfeld Credit Income Fund positions in Q1 2019 and 4 closed out, a net change of -1 holder.
  • The largest Herzfeld Credit Income Fund buyer in Q1 2019 was Shaker Financial Services, an estimated $164K added.
  • The largest Herzfeld Credit Income Fund seller in Q1 2019 was Thomas J. Herzfeld Advisors, an estimated $689K sold.

Based on aggregated 13F filings for Q1 2019.