NEW GERMANY FUND INC (GF) — Institutional Holders, Q2 2026
27 institutional investment managers reported a GF position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $124.4M. Every filer is listed below, ranked by position value. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
GF in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- Saba Capital Management, L.P.Added · +1,007,675 sh+$11.5M
- SIT INVESTMENT ASSOCIATESAdded · +280,677 sh+$3.2M
- LAZARD ASSET MANAGEMENTAdded · +62,647 sh+$717.9K
- XTX Topco LtdNew · +13,374 sh+$153.3K
- BLUE BELL PRIVATE WEALTH MANAGEMENTAdded · +8,968 sh+$102.8K
Biggest sellers
- Karpus ManagementTrimmed · -349,894 sh-$4.0M
- Allspring Global InvestmentsTrimmed · -321,629 sh-$3.7M
- 1607 Capital PartnersTrimmed · -254,960 sh-$2.9M
- Shaker Financial ServicesTrimmed · -105,488 sh-$1.2M
- SUSQUEHANNA INTERNATIONAL GROUP, LLPSold out · -15,188 sh-$174.1K
GF 13F holders ranked 1–27 of 27
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | Saba Capital Management, L.P.#1 · 3,602,815 sh | 3,602,815 | $41.3M | 1.06% | +38.8% |
| 2 | LAZARD ASSET MANAGEMENT#2 · 2,398,831 sh | 2,398,831 | $27.5M | 0.04% | +2.7% |
| 3 | Allspring Global Investments#3 · 1,697,984 sh | 1,697,984 | $19.5M | 0.03% | -15.9% |
| 4 | 1607 Capital Partners#4 · 811,397 sh | 811,397 | $9.3M | 0.81% | -23.9% |
| 5 | Bulldog Investors, LLP#5 · 532,074 sh | 532,074 | $6.1M | 1.34% | 0.0% |
| 6 | SIT INVESTMENT ASSOCIATES#6 · 446,865 sh | 446,865 | $5.1M | 0.10% | +168.9% |
| 7 | Uncommon Cents Investing#7 · 369,092 sh | 369,092 | $4.2M | — | +0.1% |
| 8 | CITY OF LONDON INVESTMENT MANAGEMENT LTD#8 · 289,545 sh | 289,545 | $3.3M | 0.20% | 0.0% |
| 9 | GABELLI FUNDS#9 · 255,000 sh | 255,000 | $2.9M | 0.02% | 0.0% |
| 10 | BLUE BELL PRIVATE WEALTH MANAGEMENT#10 · 117,686 sh | 117,686 | $1.3M | 0.17% | +8.2% |
| 11 | ROYAL BANK OF CANADA#11 · 81,692 sh | 81,692 | $936.0K | <0.01% | -1.4% |
| 12 | Arnhold#12 · 33,440 sh | 33,440 | $383.2K | — | +1.3% |
| 13 | Altium Capital Management#13 · 33,098 sh | 33,098 | $379.3K | 0.80% | +32.8% |
| 14 | Hudson Portfolio Management#14 · 32,690 sh | 32,690 | $374.6K | 0.28% | 0.0% |
| 15 | GUGGENHEIM CAPITAL#15 · 29,549 sh | 29,549 | $338.6K | <0.01% | -9.8% |
| 16 | EVOLVE PRIVATE WEALTH#16 · 24,161 sh | 24,161 | $276.9K | 0.02% | -6.8% |
| 17 | CSS#17 · 20,906 sh | 20,906 | $239.6K | <0.01% | -26.0% |
| 18 | GAMCO INVESTORS, ET AL#18 · 18,200 sh | 18,200 | $208.6K | <0.01% | 0.0% |
| 19 | Karpus Management#19 · 17,287 sh | 17,287 | $198.1K | <0.01% | -95.3% |
| 20 | XTX Topco Ltd#20 · 13,374 sh | 13,374 | $153.3K | <0.01% | New |
| 21 | Shaker Financial Services#21 · 12,235 sh | 12,235 | $140.2K | — | -89.6% |
| 22 | MORGAN STANLEY#22 · 5,865 sh | 5,865 | $67.2K | 0.00% | -1.6% |
| 23 | OSAIC#23 · 3,735 sh | 3,735 | $42.8K | <0.01% | +338.4% |
| 24 | CoreCap Advisors#24 · 1,400 sh | 1,400 | $16.0K | — | New |
| 25 | PNC FINANCIAL SERVICES GROUP#25 · 1,270 sh | 1,270 | $14.6K | 0.00% | -80.9% |
| 26 | WELLS FARGO & COMPANY#26 · 1,001 sh | 1,001 | $11.5K | 0.00% | +0.1% |
| 27 | UBS Group AG#27 · 314 sh | 314 | $3.6K | 0.00% | -19.7% |
Funds that sold out of GF in Q2 2026 (3)
Held GF at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| SUSQUEHANNA INTERNATIONAL GROUP, LLP15,188 sh | 15,188 | $155.2K |
| Federation des caisses Desjardins du Quebec8,927 sh | 8,927 | $91.1K |
| US BANCORP \DE\983 sh | 983 | $10.0K |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.