Swiss Helvetia Fund
55 hedge funds and large institutions have $187M invested in Swiss Helvetia Fund in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 10 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
14% more capital invested
Capital invested by funds: $163M → $187M (+$23.4M)
0.45% more ownership
Funds ownership: 56.85% → 57.3% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 58 → 55 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$5.96M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.78M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$980K |
| 4 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
+$663K |
| 5 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.21M |
| 2 |
ICM
Ionic Capital Management
New York
|
-$1.22M |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$738K |
| 4 |
AMI
Amica Mutual Insurance
Providence,
Rhode Island
|
-$705K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$566K |
SWZ Hedge Fund Activity: Q1 2017 in Review
55 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Swiss Helvetia Fund (SWZ) for Q1 2017, worth a combined $187M — up 14% from $163M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SWZ and 8 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Lazard Asset Management, adding an estimated $5.96M. The largest seller was Wells Fargo, cutting an estimated $6.21M.
- 55 institutional investors held Swiss Helvetia Fund (SWZ) as of Q1 2017, down from 58 in Q4 2016.
- Funds reported $187M of Swiss Helvetia Fund stock for Q1 2017, up 14% quarter-over-quarter.
- 8 funds opened new Swiss Helvetia Fund positions in Q1 2017 and 10 closed out, a net change of -2 holders.
- The largest Swiss Helvetia Fund buyer in Q1 2017 was Lazard Asset Management, an estimated $5.96M added.
- The largest Swiss Helvetia Fund seller in Q1 2017 was Wells Fargo, an estimated $6.21M sold.
Based on aggregated 13F filings for Q1 2017.