Swiss Helvetia Fund
58 hedge funds and large institutions have $163M invested in Swiss Helvetia Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
5% more funds holding
Funds holding: 55 → 58 (+3)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.22% less ownership
Funds ownership: 57.07% → 56.85% (-0.22%)
5% less capital invested
Capital invested by funds: $172M → $163M (-$8.61M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.53M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.17M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.25M |
| 4 |
ICM
Ionic Capital Management
New York
|
+$1.22M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$833K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$4.56M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.95M |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$2.83M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$278K |
| 5 |
Citigroup
New York
|
-$196K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
SEI Investments
Oaks,
Pennsylvania
| $18K | +$17.8K | +1,738 | New |
|
52
Creative Planning
Overland Park,
Kansas
| $11K | – | – | – |
|
53
Barclays
London,
United Kingdom
| $10K | – | – | – |
|
|
NSIM
54
North Star Investment Management
Chicago,
Illinois
| $10K | +$6.67K | +650 | +191% |
|
|
TF
55
Tompkins Financial
Ithaca,
New York
| $5K | – | – | – |
|
56
US Bancorp
Minneapolis,
Minnesota
| $4K | – | – | – |
|
|
BC
57
Bartlett & Co
Cincinnati,
Ohio
| $3K | – | – | – |
|
|
LWM
58
LBA Wealth Management
Jacksonville,
Florida
| $2K | – | – | – |
|
|
PMFA
59
Plante Moran Financial Advisors
Southfield,
Michigan
| $1K | – | – | – |
|
|
GFM
60
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$2.83M | -264,503 | Closed |
|
|
AA
61
AQR Arbitrage
Greenwich,
Connecticut
| – | -$195K | -18,215 | Closed |
|
|
RJA
62
Raymond James & Associates
St Petersburg,
Florida
| – | -$156K | -14,638 | Closed |
|
63
LPL Financial
San Diego,
California
| – | -$140K | -13,086 | Closed |
|
|
MC
64
Matisse Capital
Portland,
Oregon
| – | -$112K | -10,500 | Closed |
|
|
AA
65
Apriem Advisors
Irvine,
California
| – | -$13K | -1,200 | Closed |
|
SWZ Hedge Fund Activity: Q4 2016 in Review
58 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Swiss Helvetia Fund (SWZ) for Q4 2016, worth a combined $163M — down 5% from $172M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SWZ positions and 6 closed out — a net gain of 3 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Icon Advisers, adding an estimated $2.53M. The largest seller was Lazard Asset Management, cutting an estimated $4.56M.
- 58 institutional investors held Swiss Helvetia Fund (SWZ) as of Q4 2016, up from 55 in Q3 2016.
- Funds reported $163M of Swiss Helvetia Fund stock for Q4 2016, down 5% quarter-over-quarter.
- 9 funds opened new Swiss Helvetia Fund positions in Q4 2016 and 6 closed out, a net change of +3 holders.
- The largest Swiss Helvetia Fund buyer in Q4 2016 was Icon Advisers, an estimated $2.53M added.
- The largest Swiss Helvetia Fund seller in Q4 2016 was Lazard Asset Management, an estimated $4.56M sold.
Based on aggregated 13F filings for Q4 2016.