NEW IRELAND FUND INC
IRL was delisted on the 27th of February, 2023.
22 hedge funds and large institutions have $14.1M invested in NEW IRELAND FUND INC in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 5 closing their positions.
77% more capital invested
Capital invested by funds: $7.93M → $14.1M (+$6.14M)
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
16% more funds holding
Funds holding: 19 → 22 (+3)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.19M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$961K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
+$242K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$111K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$17.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$100K |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$86K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$63K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$45.9K |
| 5 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$32.6K |
IRL Hedge Fund Activity: Q4 2022 in Review
22 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in NEW IRELAND FUND INC (IRL) for Q4 2022, worth a combined $14.1M — up 77% from $7.93M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new IRL positions and 5 closed out — a net gain of 3 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.19M. The largest seller was Bulldog Investors, exiting entirely with an estimated $100K sold.
- 22 institutional investors held NEW IRELAND FUND INC (IRL) as of Q4 2022, up from 19 in Q3 2022.
- Funds reported $14.1M of NEW IRELAND FUND INC stock for Q4 2022, up 77% quarter-over-quarter.
- 8 funds opened new NEW IRELAND FUND INC positions in Q4 2022 and 5 closed out, a net change of +3 holders.
- The largest NEW IRELAND FUND INC buyer in Q4 2022 was Saba Capital Management, an estimated $1.19M added.
- The largest NEW IRELAND FUND INC seller in Q4 2022 was Bulldog Investors, an estimated $100K sold.
Based on aggregated 13F filings for Q4 2022.