Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

NEW GERMANY FD INC (GF)

29 + Investors. Track Smart Money conviction in GF. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — GF

Based on 29 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their GF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 74% of 3.0Y peak

74% of all-time peak
29 funds currently hold this stock — 74% of the 3.0-year high of 39 funds (reached 2024 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 12% fewer funds vs a year ago

fund count last 6Q
4 fewer hedge funds hold GF compared to a year ago (-12% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 46% buying

13 buying15 selling
Last quarter: 15 funds reduced or exited vs 13 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~3 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 1 → 2 → 3. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

79% of holders stayed for 2+ years

■ 79% conviction (2yr+) ■ 14% medium ■ 7% new
23 out of 29 hedge funds have held GF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~3 new funds/quarter

3 → 3 → 1 → 2 → 3 new funds/Q
New funds entering each quarter: 3 → 1 → 2 → 3. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 76% of holders stayed 2+ years

■ 76% veterans ■ 10% 1-2yr ■ 14% new
Of 29 current holders: 22 (76%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 1% AUM from top-100

1% from top-100 AUM funds
6 of 29 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.1
out of 10
Low Exit Risk
Exit risk score 2.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — GF

In 2026 Q1, 13 hedge funds were net buyers of GF (3 opened a new position, 10 added to an existing one), while 15 reduced or exited (9 trimmed, 6 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 29.

Hedge Fund Ownership: GF

How many hedge funds hold GF — quarterly history vs. share price
Quarterly hedge fund ownership of GF vs. share price

Market Analysis: GF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GF

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy NEW GERMANY FD INC (GF) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much GF has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 71d ago
GF
+14.2%
XLF
+5.8%

GF outperformed XLF by +8.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 26d ago
GF
-2.8%
XLF
+2.2%

Since the filing became public, GF outperformed XLF by -5.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: GF
29 + Investors

Track Smart Money conviction in GF. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 29 32 -9.38%
13F Shares 11M 10M 4.76%
Total Value $106M $115M -7.74%
New Positions 3 2 +1
Increased Positions 10 8 +2
Closed Positions 6 2 +4
Reduced Positions 9 13 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: GF

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

29 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in GF. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of GF — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bulldog Investors, LLP 1.22% 532,074 $5.4M
2 Uncommon Cents Investing LLC 0.87% 368,883 $3.8M
3 1607 Capital Partners, LLC 0.79% 1,066,357 $10.9M
4 Saba Capital Management, L.P. 0.73% 2,595,140 $26.5M
5 Altium Capital Management LLC 0.61% 24,920 $255K
6 Shaker Financial Services, LLC 0.42% 117,723 $1.2M
7 Hudson Portfolio Management LLC 0.28% 32,690 $334K
8 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.21% 289,545 $3.0M
9 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.16% 108,718 $1.1M
10 Karpus Management, Inc. 0.12% 367,181 $3.8M
11 LAZARD ASSET MANAGEMENT LLC 0.04% 2,336,184 $23.9M
12 Allspring Global Investments Holdings, LLC 0.03% 2,019,613 $20.6M
13 SIT INVESTMENT ASSOCIATES INC 0.03% 166,188 $2K
14 Arnhold LLC 0.02% 32,997 $337K
15 GABELLI FUNDS LLC 0.02% 255,000 $2.6M
16 EVOLVE PRIVATE WEALTH, LLC 0.01% 25,934 $265K
17 CSS LLC/IL 0.01% 28,261 $289K
18 GUGGENHEIM CAPITAL LLC 0.00% 32,762 $335K
19 GAMCO INVESTORS, INC. ET AL 0.00% 18,200 $186K
20 Federation des caisses Desjardins du Quebec 0.00% 8,927 $91K
21 ROYAL BANK OF CANADA 0.00% 82,834 $846K
22 PNC FINANCIAL SERVICES GROUP, INC. 0.00% 6,654 $68K
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 15,188 $155K
24 CWM, LLC 0.00% 589 $6K
25 OSAIC HOLDINGS, INC. 0.00% 852 $9K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — NEW GERMANY FD INC (GF)

What does the Smart Money Trend signal show for GF?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their GF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for GF?

More sellers than buyers — 46% buying: Last quarter: 15 funds reduced or exited vs 13 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for GF holders?

Smaller funds dominant — 1% AUM from top-100: 6 of 29 holders rank in the top 100 by AUM, but together hold only 1% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held GF?

79% of holders stayed for 2+ years: 23 out of 29 hedge funds have held GF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy NEW GERMANY FD INC (GF) following the 2026 Q1 hedge fund 13F filings?

As of today, GF has moved -2.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +2.2% for the XLF sector ETF — an outperformance of -5.0%. Since the quarter end (March 31, 2026), GF has gained +14.2% vs +5.8% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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