NEW IRELAND FUND INC
IRL was delisted on the 27th of February, 2023.
21 hedge funds and large institutions have $16M invested in NEW IRELAND FUND INC in 2021 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
6% less capital invested
Capital invested by funds: $17.1M → $16M (-$1.1M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
19% less funds holding
Funds holding: 26 → 21 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.91M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$153K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$137K |
| 4 |
ICM
Ionic Capital Management
New York
|
+$118K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$63K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.1M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$528K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$351K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$345K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| – | -$2K | -168 | Closed |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -48 | Closed |
|
IRL Hedge Fund Activity: Q4 2021 in Review
21 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in NEW IRELAND FUND INC (IRL) for Q4 2021, worth a combined $16M — down 6.4% from $17.1M 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 6 added.
The largest buyer was Saba Capital Management, adding an estimated $2.91M. The largest seller was Matisse Capital, exiting entirely with an estimated $1.1M sold.
- 21 institutional investors held NEW IRELAND FUND INC (IRL) as of Q4 2021, down from 26 in Q3 2021.
- Funds reported $16M of NEW IRELAND FUND INC stock for Q4 2021, down 6.4% quarter-over-quarter.
- 1 fund opened new NEW IRELAND FUND INC positions in Q4 2021 and 6 closed out, a net change of -5 holders.
- The largest NEW IRELAND FUND INC buyer in Q4 2021 was Saba Capital Management, an estimated $2.91M added.
- The largest NEW IRELAND FUND INC seller in Q4 2021 was Matisse Capital, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2021.