Swiss Helvetia Fund
52 hedge funds and large institutions have $158M invested in Swiss Helvetia Fund in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1.31% more ownership
Funds ownership: 51.99% → 53.3% (+1.3%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 53 → 52 (-1)
16% less capital invested
Capital invested by funds: $187M → $158M (-$29M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$9.76M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.89M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.66M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.42M |
| 5 |
SG Americas Securities
New York
|
+$404K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$10.1M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.14M |
| 3 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
-$1.58M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$553K |
| 5 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$246K |
SWZ Hedge Fund Activity: Q4 2014 in Review
52 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Swiss Helvetia Fund (SWZ) for Q4 2014, worth a combined $158M — down 16% from $187M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SWZ positions and 9 closed out — a net gain of 1 holder — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $9.76M. The largest seller was Bulldog Investors, cutting an estimated $10.1M.
- 52 institutional investors held Swiss Helvetia Fund (SWZ) as of Q4 2014, down from 53 in Q3 2014.
- Funds reported $158M of Swiss Helvetia Fund stock for Q4 2014, down 16% quarter-over-quarter.
- 10 funds opened new Swiss Helvetia Fund positions in Q4 2014 and 9 closed out, a net change of +1 holder.
- The largest Swiss Helvetia Fund buyer in Q4 2014 was Weiss Asset Management, an estimated $9.76M added.
- The largest Swiss Helvetia Fund seller in Q4 2014 was Bulldog Investors, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2014.