Swiss Helvetia Fund
52 hedge funds and large institutions have $163M invested in Swiss Helvetia Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 10 reducing their positions, and 8 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 10
2.25% more ownership
Funds ownership: 43.19% → 45.44% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $167M → $163M (-$3.86M)
7% less funds holding
Funds holding: 56 → 52 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.34M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.21M |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.06M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$791K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.84M |
| 2 |
Lazard Asset Management
New York
|
-$761K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$471K |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$334K |
| 5 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
-$219K |
SWZ Hedge Fund Activity: Q3 2014 in Review
52 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Swiss Helvetia Fund (SWZ) for Q3 2014, worth a combined $163M — down 2.3% from $167M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SWZ and 4 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 24 added.
The largest buyer was Karpus Investment Management, adding an estimated $5.34M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.84M sold.
- 52 institutional investors held Swiss Helvetia Fund (SWZ) as of Q3 2014, down from 56 in Q2 2014.
- Funds reported $163M of Swiss Helvetia Fund stock for Q3 2014, down 2.3% quarter-over-quarter.
- 4 funds opened new Swiss Helvetia Fund positions in Q3 2014 and 8 closed out, a net change of -4 holders.
- The largest Swiss Helvetia Fund buyer in Q3 2014 was Karpus Investment Management, an estimated $5.34M added.
- The largest Swiss Helvetia Fund seller in Q3 2014 was Rivernorth Capital Management, an estimated $2.84M sold.
Based on aggregated 13F filings for Q3 2014.