Swiss Helvetia Fund
45 hedge funds and large institutions have $233M invested in Swiss Helvetia Fund in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 9 closing their positions.
122% more capital inflows, than outflows
Capital inflows: $22.7M | Capital outflows: $10.2M
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
2.84% more ownership
Funds ownership: 49.99% → 52.82% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 49 → 45 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bulldog Investors
Saddle Brook,
New Jersey
|
+$7.32M |
| 2 |
Lazard Asset Management
New York
|
+$5.94M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.11M |
| 4 |
Karpus Investment Management
Pittsford,
New York
|
+$1.98M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.64M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
-$1.95M |
| 3 |
1607 Capital Partners
Richmond,
Virginia
|
-$1.32M |
| 4 |
JP Morgan Chase
New York
|
-$1.03M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$797K |
SWZ Hedge Fund Activity: Q3 2013 in Review
45 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Swiss Helvetia Fund (SWZ) for Q3 2013, worth a combined $233M — up 22% from $191M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SWZ and 6 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was Bulldog Investors, adding an estimated $7.32M. The largest seller was BlackRock, exiting entirely with an estimated $2.64M sold.
- 45 institutional investors held Swiss Helvetia Fund (SWZ) as of Q3 2013, down from 49 in Q2 2013.
- Funds reported $233M of Swiss Helvetia Fund stock for Q3 2013, up 22% quarter-over-quarter.
- 6 funds opened new Swiss Helvetia Fund positions in Q3 2013 and 9 closed out, a net change of -3 holders.
- The largest Swiss Helvetia Fund buyer in Q3 2013 was Bulldog Investors, an estimated $7.32M added.
- The largest Swiss Helvetia Fund seller in Q3 2013 was BlackRock, an estimated $2.64M sold.
Based on aggregated 13F filings for Q3 2013.