NEW IRELAND FUND INC
IRL was delisted on the 27th of February, 2023.
5 hedge funds and large institutions have $5.39M invested in NEW IRELAND FUND INC in 2023 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 17 closing their positions.
41.46% less ownership
Funds ownership: 41.46% → 0% (-41%)
62% less capital invested
Capital invested by funds: $14.1M → $5.39M (-$8.68M)
77% less funds holding
Funds holding: 22 → 5 (-17)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 17
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.53M |
| 2 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.18M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.06M |
| 4 |
HPM
Hudson Portfolio Management
Garrison,
New York
|
-$699K |
| 5 |
ICM
Ionic Capital Management
New York
|
-$531K |
IRL Hedge Fund Activity: Q1 2023 in Review
5 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in NEW IRELAND FUND INC (IRL) for Q1 2023, worth a combined $5.39M — down 62% from $14.1M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of IRL and 0 opened new positions — a net loss of 17 holders — while 3 trimmed existing stakes and 0 added.
The largest seller was Saba Capital Management, exiting entirely with an estimated $4.53M sold.
- 5 institutional investors held NEW IRELAND FUND INC (IRL) as of Q1 2023, down from 22 in Q4 2022.
- Funds reported $5.39M of NEW IRELAND FUND INC stock for Q1 2023, down 62% quarter-over-quarter.
- 0 funds opened new NEW IRELAND FUND INC positions in Q1 2023 and 17 closed out, a net change of -17 holders.
- The largest NEW IRELAND FUND INC seller in Q1 2023 was Saba Capital Management, an estimated $4.53M sold.
Based on aggregated 13F filings for Q1 2023.