NEW IRELAND FUND INC
IRL was delisted on the 27th of February, 2023.
26 hedge funds and large institutions have $11.1M invested in NEW IRELAND FUND INC in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
13% more funds holding
Funds holding: 23 → 26 (+3)
55% less capital invested
Capital invested by funds: $24.7M → $11.1M (-$13.6M)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.23M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$549K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$207K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$31.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$22.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.12M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.21M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$2.17M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$460K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$354K |
IRL Hedge Fund Activity: Q2 2017 in Review
26 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in NEW IRELAND FUND INC (IRL) for Q2 2017, worth a combined $11.1M — down 55% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new IRL positions and 4 closed out — a net gain of 3 holders — while 3 added to existing stakes and 9 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.23M. The largest seller was Karpus Investment Management, cutting an estimated $9.12M.
- 26 institutional investors held NEW IRELAND FUND INC (IRL) as of Q2 2017, up from 23 in Q1 2017.
- Funds reported $11.1M of NEW IRELAND FUND INC stock for Q2 2017, down 55% quarter-over-quarter.
- 7 funds opened new NEW IRELAND FUND INC positions in Q2 2017 and 4 closed out, a net change of +3 holders.
- The largest NEW IRELAND FUND INC buyer in Q2 2017 was Laurion Capital Management, an estimated $1.23M added.
- The largest NEW IRELAND FUND INC seller in Q2 2017 was Karpus Investment Management, an estimated $9.12M sold.
Based on aggregated 13F filings for Q2 2017.