The New Germany FundGF
13F holders, Q1 2025 (March 31)33holders −5
3new positions
8sold out
1famous investor
$9.81avg. 13F price*
At the end of Q1 2025, 33 institutions reported holding The New Germany Fund Inc. (GF) in their 13F filings, down 5 from Q4 2024. 3 opened new positions and 8 sold out. The largest holders were Lazard Asset Management LLC ($22.5M), Allspring Global Investments Holdings, LLC ($19.7M) and Saba Capital Management, L.P. ($16.7M). One famous investor held it Mario Gabelli (0.0% of GAMCO Investors's portfolio).
- Company
- The New Germany Fund Inc.
- CUSIP
- 644465106
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 3 | $189K |
| Exits | 8 | $2.9M |
All 13F filers, Q4 2024 → Q1 2025: 1,034,282 shares bought and 737,917 shares sold, net +296,365 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 33 holders
| Lazard Asset Management LLC | 0.04% | Add +40.2% | 2,297,497 | $22.5M |
| Allspring Global Investments Holdings, LLC | 0.03% | Reduce -3.2% | 2,003,100 | $19.7M |
| Saba Capital Management, L.P. | 0.46% | Add +8.2% | 1,706,659 | $16.7M |
| 1607 Capital Partners, LLC | 1.20% | Reduce -4.6% | 1,523,705 | $14.9M |
| Bulldog Investors, LLP | 1.19% | Add +28.8% | 446,513 | $4.4M |
| Karpus Management, Inc. | 0.14% | Add +3.8% | 446,429 | $4.4M |
| Uncommon Cents Investing LLC | 0.98% | Add +7.1% | 341,834 | $3.4M |
| City of London Investment Management Co. Ltd. | 0.36% | Add +27.6% | 339,902 | $3.3M |
| Gabelli Funds LLC | 0.02% | No change | 264,000 | $2.6M |
| Royal Bank of Canada | 0.00% | Add +1.1% | 93,573 | $918K |
| AQR Arbitrage LLC | 0.03% | Reduce -29.3% | 77,472 | $760K |
| Blue Bell Private Wealth Management, LLC | 0.10% | Add +13.5% | 52,667 | $517K |
| CSS LLC | 0.10% | Reduce -30.8% | 48,849 | $479K |
| Hudson Portfolio Management LLC | 0.31% | Reduce -3.8% | 33,146 | $325K |
| Arnhold LLC | 0.03% | No change | 32,643 | $320K |
| GAMCO Investors | 0.00% | Reduce -0.9% | 22,912 | $225K |
| Susquehanna International Group, LLP | 0.00% | Add +47.0% | 16,489 | $162K |
| PNC Financial Services Group, Inc. | 0.00% | Add +10.9% | 15,082 | $148K |
| Shaker Financial Services, LLC | 0.04% | Reduce -93.8% | 11,017 | $108K |
| Verdence Capital Advisors LLC | 0.01% | No change | 10,678 | $105K |
| Acorn Financial Advisory Services Inc. | 0.02% | No change | 10,462 | $103K |
| CoreCap Advisors, LLC | 0.00% | New | 9,000 | $88K |
| Federation des caisses Desjardins du Quebec | 0.00% | New | 8,927 | $88K |
| Morgan Stanley | 0.00% | Add +18.6% | 5,519 | $54K |
| Osaic Holdings, Inc. | 0.00% | Add +8.5% | 5,197 | $51K |
| Thomas J. Herzfeld Advisors, Inc. | 0.01% | Add +17.5% | 1,715 | $17K |
| Northwestern Mutual Wealth Management Co. | 0.00% | New | 1,306 | $13K |
| US Bancorp \de | 0.00% | Reduce -6.1% | 1,228 | $12K |
| UBS Group AG | 0.00% | Reduce -52.8% | 1,073 | $11K |
| Wells Fargo & Company | 0.00% | Reduce -26.4% | 1,001 | $10K |
| Bank of America Corp. | 0.00% | Reduce -90.3% | 967 | $9K |
| Cwm, LLC | 0.00% | No change | 589 | $6K |
| Allworth Financial LP | 0.00% | No change | 314 | $3K |
"% of holder's portfolio" is GF's weight in each manager's 13F, not the share of The New Germany Fund Inc. the manager owns.