Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

New Germany Fd Inc (GF)

28 + 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.
🏛️

Veteran-anchored — 76% veterans vs 14% newcomers

■ 76% veterans ■ 10% 1-2yr ■ 14% new
Entry-cohort mix of 29 holders: 22 (76%) are 2+ year veterans, 3 entered 1–2 years ago, and 4 (14%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 1% AUM from top-100

1% from top-100 AUM funds
5 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.

Loading signal freshness…
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
28 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 28 29 -3.45%
13F Shares 11M 11M 2.95%
Total Value $119M $106M 12.46%
New Positions 3 3 -
Increased Positions 9 10 -1
Closed Positions 4 6 -2
Reduced Positions 11 9 +2
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 --
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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
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Total Cash (mrq) --
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Institutional Holders (2026 Q2)

28 + 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 GF holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bulldog Investors, LLP 1.34% 532,074 $6.1M
2 Saba Capital Management, L.P. 1.06% 3,602,815 $41.3M
3 Uncommon Cents Investing LLC 0.92% 369,092 $4.2M
4 1607 Capital Partners, LLC 0.81% 811,397 $9.3M
5 Altium Capital Management LLC 0.80% 33,098 $379K
6 Hudson Portfolio Management LLC 0.28% 32,690 $375K
7 City of London Investment Management Co Ltd 0.20% 289,545 $3.3M
8 Blue Bell Private Wealth Management, LLC 0.17% 117,686 $1.3M
9 Shaker Financial Services, LLC 0.04% 12,235 $140K
10 Lazard Asset Management LLC 0.04% 2,398,831 $27.5M
11 Allspring Global Investments Holdings, LLC 0.03% 1,697,984 $19.5M
12 Arnhold LLC 0.03% 33,440 $383K
13 Gabelli Funds LLC 0.02% 255,000 $2.9M
14 Evolve Private Wealth, LLC 0.02% 24,161 $277K
15 Css LLC/Il 0.01% 20,906 $240K
16 Karpus Management, Inc. 0.01% 17,287 $198K
17 Guggenheim Capital LLC 0.00% 29,549 $339K
18 XTX Topco Ltd 0.00% 13,374 $153K
19 Gamco Investors, INC. Et Al 0.00% 18,200 $209K
20 CoreCap Advisors, LLC 0.00% 1,400 $16K
21 Royal Bank of Canada 0.00% 81,692 $936K
22 Osaic Holdings, INC. 0.00% 3,735 $43K
23 Mercer Global Advisors Inc /Adv 0.00% 879 $10K
24 PNC Financial Services Group, INC. 0.00% 1,270 $15K
25 Morgan Stanley 0.00% 5,865 $67K
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: 5 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.

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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