Herzfeld Credit Income Fund
HERZ
19 hedge funds and large institutions have $12.3M invested in Herzfeld Credit Income Fund in 2019 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 3 closing their positions.
0.82% less ownership
Funds ownership: 32.48% → 31.66% (-0.82%)
2% less capital invested
Capital invested by funds: $12.7M → $12.3M (-$316K)
14% less funds holding
Funds holding: 22 → 19 (-3)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$199K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$92.9K |
| 3 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$56.6K |
| 4 |
CAC
Certified Advisory Corp
Altamonte Springs,
Florida
|
+$876 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$259K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$176K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$106K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$51K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$43.2K |
HERZ Hedge Fund Activity: Q3 2019 in Review
19 of the 4,575 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q3 2019, worth a combined $12.3M — down 2.5% from $12.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of HERZ and 0 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Shaker Financial Services, adding an estimated $199K. The largest seller was Susquehanna International Group, cutting an estimated $259K.
- 19 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q3 2019, down from 22 in Q2 2019.
- Funds reported $12.3M of Herzfeld Credit Income Fund stock for Q3 2019, down 2.5% quarter-over-quarter.
- 0 funds opened new Herzfeld Credit Income Fund positions in Q3 2019 and 3 closed out, a net change of -3 holders.
- The largest Herzfeld Credit Income Fund buyer in Q3 2019 was Shaker Financial Services, an estimated $199K added.
- The largest Herzfeld Credit Income Fund seller in Q3 2019 was Susquehanna International Group, an estimated $259K sold.
Based on aggregated 13F filings for Q3 2019.