Herzfeld Credit Income Fund
HERZ
19 hedge funds and large institutions have $5.81M invested in Herzfeld Credit Income Fund in 2020 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 2 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
3.29% less ownership
Funds ownership: 29.29% → 26.01% (-3.3%)
7% less capital invested
Capital invested by funds: $6.23M → $5.81M (-$418K)
10% less funds holding
Funds holding: 21 → 19 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$37.1K |
| 2 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$17.6K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.9K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$12.2K |
| 5 |
Morgan Stanley
New York
|
+$8.19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$748K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$54.3K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$18.6K |
| 4 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$15.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.73K |
HERZ Hedge Fund Activity: Q2 2020 in Review
19 of the 4,889 institutional investors tracked by Wall St. Rank reported a position in Herzfeld Credit Income Fund (HERZ) for Q2 2020, worth a combined $5.81M — down 6.7% from $6.23M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of HERZ and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Wolverine Asset Management, adding an estimated $37.1K. The largest seller was Rivernorth Capital Management, cutting an estimated $748K.
- 19 institutional investors held Herzfeld Credit Income Fund (HERZ) as of Q2 2020, down from 21 in Q1 2020.
- Funds reported $5.81M of Herzfeld Credit Income Fund stock for Q2 2020, down 6.7% quarter-over-quarter.
- 0 funds opened new Herzfeld Credit Income Fund positions in Q2 2020 and 2 closed out, a net change of -2 holders.
- The largest Herzfeld Credit Income Fund buyer in Q2 2020 was Wolverine Asset Management, an estimated $37.1K added.
- The largest Herzfeld Credit Income Fund seller in Q2 2020 was Rivernorth Capital Management, an estimated $748K sold.
Based on aggregated 13F filings for Q2 2020.