The New Germany FundGF
13F holders, Q3 2025 (September 30)32holders −1
1new positions
2sold out
1famous investor
$11.56avg. 13F price*
At the end of Q3 2025, 32 institutions reported holding The New Germany Fund Inc. (GF) in their 13F filings, down 1 from Q2 2025. 1 opened new positions and 2 sold out. The largest holders were Lazard Asset Management LLC ($27.2M), Allspring Global Investments Holdings, LLC ($24.7M) and Saba Capital Management, L.P. ($22.6M). 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 Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 1 | $6K |
| Exits | 2 | $151K |
All 13F filers, Q2 2025 → Q3 2025: 269,252 shares bought and 197,520 shares sold, net +71,732 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 32 holders
| Lazard Asset Management LLC | 0.04% | Reduce -0.8% | 2,349,610 | $27.2M |
| Allspring Global Investments Holdings, LLC | 0.04% | Add +7.3% | 2,134,329 | $24.7M |
| Saba Capital Management, L.P. | 0.76% | Add +0.8% | 1,954,112 | $22.6M |
| 1607 Capital Partners, LLC | 1.17% | Reduce -6.6% | 1,338,662 | $15.5M |
| Bulldog Investors, LLP | 1.32% | Reduce -0.4% | 491,479 | $5.7M |
| Uncommon Cents Investing LLC | 1.05% | Add +0.0% | 363,597 | $4.2M |
| Karpus Management, Inc. | 0.13% | Reduce -3.2% | 361,055 | $4.2M |
| Gabelli Funds LLC | 0.02% | No change | 256,000 | $3.0M |
| City of London Investment Management Co. Ltd. | 0.22% | Reduce -14.6% | 252,867 | $2.9M |
| Sit Investment Associates Inc. | 0.04% | Add +55.6% | 163,442 | $1.9M |
| Shaker Financial Services, LLC | 0.53% | Add +8.8% | 133,400 | $1.5M |
| Royal Bank of Canada | 0.00% | Reduce -4.3% | 86,254 | $998K |
| Blue Bell Private Wealth Management, LLC | 0.15% | Add +28.5% | 83,664 | $967K |
| AQR Arbitrage LLC | 0.02% | Reduce -12.5% | 51,919 | $600K |
| CSS LLC | 0.07% | No change | 34,429 | $398K |
| Hudson Portfolio Management LLC | 0.33% | No change | 32,690 | $378K |
| Arnhold LLC | 0.03% | No change | 32,643 | $377K |
| Guggenheim Capital LLC | 0.00% | Add +142.2% | 32,529 | $376K |
| GAMCO Investors | 0.00% | No change | 22,912 | $265K |
| Acorn Financial Advisory Services Inc. | 0.02% | No change | 10,462 | $121K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 8,927 | $103K |
| PNC Financial Services Group, Inc. | 0.00% | No change | 6,642 | $77K |
| Morgan Stanley | 0.00% | No change | 5,350 | $62K |
| Osaic Holdings, Inc. | 0.00% | Reduce -19.7% | 3,341 | $38K |
| CoreCap Advisors, LLC | 0.00% | Reduce -30.8% | 2,250 | $26K |
| Bank of America Corp. | 0.00% | Add +82.7% | 1,767 | $20K |
| Thomas J. Herzfeld Advisors, Inc. | 0.01% | Reduce -28.2% | 1,249 | $14K |
| Wells Fargo & Company | 0.00% | No change | 1,200 | $14K |
| US Bancorp \de | 0.00% | No change | 983 | $11K |
| Cwm, LLC | 0.00% | No change | 589 | $7K |
| Coastline Trust Co | 0.00% | New | 547 | $6K |
| UBS Group AG | 0.00% | Reduce -81.2% | 504 | $6K |
"% 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.