NEW IRELAND FUND INC
IRL was delisted on the 27th of February, 2023.
23 hedge funds and large institutions have $24.7M invested in NEW IRELAND FUND INC in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
8% more capital invested
Capital invested by funds: $22.9M → $24.7M (+$1.78M)
15% less funds holding
Funds holding: 27 → 23 (-4)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.06M |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$347K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$52.9K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$31.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$368K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$215K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$187K |
| 4 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
-$89.3K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$82.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
26
Parallel Advisors
San Francisco,
California
| – | -$10K | -829 | Closed |
|
27
US Bancorp
Minneapolis,
Minnesota
| – | -$8K | -704 | Closed |
|
|
AA
28
Ancora Advisors
Cleveland,
Ohio
| – | -$3K | -225 | Closed |
|
IRL Hedge Fund Activity: Q1 2017 in Review
23 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in NEW IRELAND FUND INC (IRL) for Q1 2017, worth a combined $24.7M — up 7.8% from $22.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IRL and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Karpus Investment Management, adding an estimated $1.06M. The largest seller was Morgan Stanley, cutting an estimated $368K.
- 23 institutional investors held NEW IRELAND FUND INC (IRL) as of Q1 2017, down from 27 in Q4 2016.
- Funds reported $24.7M of NEW IRELAND FUND INC stock for Q1 2017, up 7.8% quarter-over-quarter.
- 1 fund opened new NEW IRELAND FUND INC positions in Q1 2017 and 4 closed out, a net change of -3 holders.
- The largest NEW IRELAND FUND INC buyer in Q1 2017 was Karpus Investment Management, an estimated $1.06M added.
- The largest NEW IRELAND FUND INC seller in Q1 2017 was Morgan Stanley, an estimated $368K sold.
Based on aggregated 13F filings for Q1 2017.