Herzfeld Credit Income Fund
HERZ
22 hedge funds and large institutions have $11.2M invested in Herzfeld Credit Income Fund in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
16% more funds holding
Funds holding: 19 → 22 (+3)
3.98% less ownership
Funds ownership: 31.66% → 27.68% (-4%)
9% less capital invested
Capital invested by funds: $12.3M → $11.2M (-$1.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.59M |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$69K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$29.9K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$29.6K |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$14K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.43M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$249K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$43.5K |
| 4 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$2K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$918 |
HERZ Hedge Fund Activity: Q4 2019 in Review
22 of the 5,093 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q4 2019, worth a combined $11.2M — down 8.9% from $12.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HERZ positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.59M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $3.43M.
- 22 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q4 2019, up from 19 in Q3 2019.
- Funds reported $11.2M of Herzfeld Credit Income Fund stock for Q4 2019, down 8.9% quarter-over-quarter.
- 4 funds opened new Herzfeld Credit Income Fund positions in Q4 2019 and 1 closed out, a net change of +3 holders.
- The largest Herzfeld Credit Income Fund buyer in Q4 2019 was Rivernorth Capital Management, an estimated $1.59M added.
- The largest Herzfeld Credit Income Fund seller in Q4 2019 was Thomas J. Herzfeld Advisors, an estimated $3.43M sold.
Based on aggregated 13F filings for Q4 2019.