The New Germany FundGF

13F holders, Q1 2026 (March 31)
29holders −4
2new positions
6sold out
1famous investor
$10.22avg. 13F price*

At the end of Q1 2026, 29 institutions reported holding The New Germany Fund Inc. (GF) in their 13F filings, down 4 from Q4 2025. 2 opened new positions and 6 sold out. The largest holders were Saba Capital Management, L.P. ($26.5M), Lazard Asset Management LLC ($23.9M) and Allspring Global Investments Holdings, LLC ($20.6M). 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

010203040 Q1 2024: 34Q1 2024Q2 2024: 35Q2 2024Q3 2024: 39Q3 2024Q4 2024: 38Q4 2024Q1 2025: 33Q1 2025Q2 2025: 33Q2 2025Q3 2025: 32Q3 2025Q4 2025: 33Q4 2025Q1 2026: 29Q1 2026Q2 2026: 27Q2 2026

Total Exit/New Position Q4 2025 → Q1 2026

InstitutionsTotal Value
New Positions2$410K
Exits6$754K

All 13F filers, Q4 2025 → Q1 2026: 507,202 shares bought and 397,556 shares sold, net +109,646 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 29 holders

Saba Capital Management, L.P. 0.86% Add +17.4% 2,595,140 $26.5M
Lazard Asset Management LLC 0.04% Reduce -0.4% 2,336,184 $23.9M
Allspring Global Investments Holdings, LLC 0.03% Reduce -5.7% 2,019,613 $20.6M
1607 Capital Partners, LLC 0.79% Reduce -14.9% 1,066,357 $10.9M
Bulldog Investors, LLP 1.23% Add +6.2% 532,074 $5.4M
Uncommon Cents Investing LLC 0.87% Add +0.8% 368,883 $3.8M
Karpus Management, Inc. 0.12% Reduce -0.5% 367,181 $3.8M
City of London Investment Management Co. Ltd. 0.21% Add +13.5% 289,545 $3.0M
Gabelli Funds LLC 0.02% No change 255,000 $2.6M
Sit Investment Associates Inc. 0.03% Add +1.7% 166,188 $1.7M
Shaker Financial Services, LLC 0.42% Reduce -2.7% 117,723 $1.2M
Blue Bell Private Wealth Management, LLC 0.16% Add +8.2% 108,718 $1.1M
Royal Bank of Canada 0.00% Reduce -0.7% 82,834 $846K
Arnhold LLC 0.02% Add +1.1% 32,997 $337K
Guggenheim Capital LLC 0.00% Add +7.8% 32,762 $335K
Hudson Portfolio Management LLC 0.28% No change 32,690 $334K
CSS LLC 0.05% Reduce -9.4% 28,261 $289K
Evolve Private Wealth, LLC 0.01% Reduce -1.3% 25,934 $265K
Altium Capital Management LLC 0.61% New 24,920 $255K
GAMCO Investors 0.00% No change 18,200 $186K
Susquehanna International Group, LLP 0.00% New 15,188 $155K
Federation des caisses Desjardins du Quebec 0.00% No change 8,927 $91K
PNC Financial Services Group, Inc. 0.00% Add +0.2% 6,654 $68K
Morgan Stanley 0.00% Add +8.7% 5,962 $61K
Wells Fargo & Company 0.00% No change 1,000 $10K
US Bancorp \de 0.00% No change 983 $10K
Osaic Holdings, Inc. 0.00% Reduce -74.5% 852 $9K
Cwm, LLC 0.00% No change 589 $6K
UBS Group AG 0.00% Reduce -54.1% 391 $4K

"% 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.