NEW IRELAND FUND INC
IRL was delisted on the 27th of February, 2023.
24 hedge funds and large institutions have $20.5M invested in NEW IRELAND FUND INC in 2014 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
24% more capital invested
Capital invested by funds: $16.6M → $20.5M (+$3.99M)
17% less funds holding
Funds holding: 29 → 24 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.2M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$579K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$506K |
| 4 |
LPL Financial
San Diego,
California
|
+$260K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$546K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$156K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$147K |
| 4 |
MIC
Meridian Investment Counsel
Lafayette,
California
|
-$81.9K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$70.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
26
TFS Capital
West Chester,
Pennsylvania
| – | -$147K | -11,424 | Closed |
|
27
Barclays
London,
United Kingdom
| – | -$41K | -3,400 | Closed |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| – | -$39K | -3,000 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$4K | -280 | Closed |
|
IRL Hedge Fund Activity: Q1 2014 in Review
24 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in NEW IRELAND FUND INC (IRL) for Q1 2014, worth a combined $20.5M — up 24% from $16.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of IRL and 0 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.2M. The largest seller was Bulldog Investors, exiting entirely with an estimated $546K sold.
- 24 institutional investors held NEW IRELAND FUND INC (IRL) as of Q1 2014, down from 29 in Q4 2013.
- Funds reported $20.5M of NEW IRELAND FUND INC stock for Q1 2014, up 24% quarter-over-quarter.
- 0 funds opened new NEW IRELAND FUND INC positions in Q1 2014 and 5 closed out, a net change of -5 holders.
- The largest NEW IRELAND FUND INC buyer in Q1 2014 was Karpus Investment Management, an estimated $1.2M added.
- The largest NEW IRELAND FUND INC seller in Q1 2014 was Bulldog Investors, an estimated $546K sold.
Based on aggregated 13F filings for Q1 2014.