The New Germany FundGF
13F holders, Q4 2025 (December 31)33holders +1
0new positions
1sold out
1famous investor
$11.42avg. 13F price*
At the end of Q4 2025, 33 institutions reported holding The New Germany Fund Inc. (GF) in their 13F filings, up 1 from Q3 2025. 0 opened new positions and 1 sold out. The largest holders were Lazard Asset Management LLC ($26.8M), Saba Capital Management, L.P. ($25.2M) and Allspring Global Investments Holdings, LLC ($24.5M). 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 Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 0 | $0 |
| Exits | 1 | $121K |
All 13F filers, Q3 2025 → Q4 2025: 303,520 shares bought and 139,737 shares sold, net +163,783 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 33 holders
| Lazard Asset Management LLC | 0.05% | Reduce -0.1% | 2,346,296 | $26.8M |
| Saba Capital Management, L.P. | 0.86% | Add +13.1% | 2,210,555 | $25.2M |
| Allspring Global Investments Holdings, LLC | 0.04% | Add +0.4% | 2,141,916 | $24.5M |
| 1607 Capital Partners, LLC | 0.98% | Reduce -6.4% | 1,253,570 | $14.3M |
| Bulldog Investors, LLP | 1.28% | Add +2.0% | 501,257 | $5.7M |
| Karpus Management, Inc. | 0.13% | Add +2.2% | 368,998 | $4.2M |
| Uncommon Cents Investing LLC | 1.01% | Add +0.6% | 365,906 | $4.2M |
| City of London Investment Management Co. Ltd. | 0.22% | Add +0.9% | 255,067 | $2.9M |
| Gabelli Funds LLC | 0.02% | Reduce -0.4% | 255,000 | $2.9M |
| Sit Investment Associates Inc. | 0.04% | No change | 163,442 | $1.9M |
| Shaker Financial Services, LLC | 0.44% | Reduce -9.3% | 121,034 | $1.4M |
| Blue Bell Private Wealth Management, LLC | 0.17% | Add +20.1% | 100,443 | $1.1M |
| Royal Bank of Canada | 0.00% | Reduce -3.3% | 83,414 | $952K |
| AQR Arbitrage LLC | 0.01% | Reduce -22.7% | 40,119 | $458K |
| Hudson Portfolio Management LLC | 0.32% | No change | 32,690 | $373K |
| Arnhold LLC | 0.03% | No change | 32,643 | $373K |
| CSS LLC | 0.06% | Reduce -9.4% | 31,181 | $356K |
| Guggenheim Capital LLC | 0.00% | Reduce -6.6% | 30,391 | $347K |
| Evolve Private Wealth, LLC | 0.02% | — | 26,272 | $303K |
| Quantify Chaos Advisors, LLC | 0.78% | — | 22,645 | $259K |
| GAMCO Investors | 0.00% | Reduce -20.6% | 18,200 | $208K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 8,927 | $101K |
| PNC Financial Services Group, Inc. | 0.00% | No change | 6,642 | $76K |
| Morgan Stanley | 0.00% | Add +2.5% | 5,483 | $63K |
| Osaic Holdings, Inc. | 0.00% | No change | 3,341 | $38K |
| Bank of America Corp. | 0.00% | Reduce -0.3% | 1,762 | $20K |
| Wells Fargo & Company | 0.00% | Reduce -16.7% | 1,000 | $11K |
| US Bancorp \de | 0.00% | No change | 983 | $11K |
| UBS Group AG | 0.00% | Add +69.0% | 852 | $10K |
| Thomas J. Herzfeld Advisors, Inc. | 0.00% | Reduce -44.8% | 689 | $8K |
| Cwm, LLC | 0.00% | No change | 589 | $7K |
| Coastline Trust Co | 0.00% | No change | 547 | $6K |
| CoreCap Advisors, LLC | 0.00% | Reduce -88.9% | 250 | $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.