NEW IRELAND FUND INC
IRL was delisted on the 27th of February, 2023.
24 hedge funds and large institutions have $21.3M invested in NEW IRELAND FUND INC in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 6 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
12% less capital invested
Capital invested by funds: $24.1M → $21.3M (-$2.81M)
17% less funds holding
Funds holding: 29 → 24 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.37M |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
+$210K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$55.5K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$47.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$20K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.03M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$308K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$297K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$274K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$156K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COLIM
26
City of London Investment Management
London,
United Kingdom
| – | -$297K | -22,852 | Closed |
|
|
GC
27
Guggenheim Capital
Chicago,
Illinois
| – | -$156K | -12,038 | Closed |
|
|
SFS
28
Shaker Financial Services
Arlington,
Virginia
| – | -$149K | -11,498 | Closed |
|
29
Citigroup
New York
| – | -$51K | -3,916 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$3K | -211 | Closed |
|
IRL Hedge Fund Activity: Q2 2016 in Review
24 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in NEW IRELAND FUND INC (IRL) for Q2 2016, worth a combined $21.3M — down 12% from $24.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of IRL and 1 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.37M. The largest seller was LPL Financial, exiting entirely with an estimated $1.03M sold.
- 24 institutional investors held NEW IRELAND FUND INC (IRL) as of Q2 2016, down from 29 in Q1 2016.
- Funds reported $21.3M of NEW IRELAND FUND INC stock for Q2 2016, down 12% quarter-over-quarter.
- 1 fund opened new NEW IRELAND FUND INC positions in Q2 2016 and 6 closed out, a net change of -5 holders.
- The largest NEW IRELAND FUND INC buyer in Q2 2016 was Karpus Investment Management, an estimated $1.37M added.
- The largest NEW IRELAND FUND INC seller in Q2 2016 was LPL Financial, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2016.