Security Snapshot

NEW GERMANY FUND INC - Common Shares, $0.001 par value (GF) Institutional Ownership

CUSIP: 644465106

13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

33

Shares (Excl. Options)

10,432,103

Price

$11.42

Save this security page for your next review

Keep this CUSIP in your watchlists so you can revisit quarter changes from one place. If you create an account from here, we will bring you back after verification.

Create free account and return here Sign in and return here Review latest holder period
Type / Class
Equity / Common Shares, $0.001 par value
Symbol
GF on NYSE
Shares outstanding
16,180,443
Price per share
$11.10
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
10,432,103
Total reported value
$119,153,103
% of total 13F portfolios
0%
Share change
+163,782
Value change
+$1,867,335
Number of holders
33
Price from insider filings
$11.10
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Quick Takeaways

  • GF - NEW GERMANY FUND INC - Common Shares, $0.001 par value is tracked under CUSIP 644465106.
  • 33 institutions reported positions in Q4 2025.
  • 4 significant owners is listed from Schedule 13D/13G reporting.

What Changed

  • Holder count moved from 33 to 18 between Q4 2025 and Q1 2026.
  • Reported value moved from $119,153,103 to $41,775,584.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Source Evidence

Source: SEC Form 13F

Latest holder context comes from 33 institutions filings for Q4 2025.

Open SEC Evidence

Investment Quick Answers

What is CUSIP 644465106?
CUSIP 644465106 identifies GF - NEW GERMANY FUND INC - Common Shares, $0.001 par value in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

Significant Owners of NEW GERMANY FUND INC - Common Shares, $0.001 par value (GF) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Saba Capital Management, L.P. 19% +6.8% $36,356,258 +$2,396,849 3,032,215 +7.1% Saba Capital Management, L.P. 10 Apr 2026
LAZARD ASSET MANAGEMENT LLC 14% +41% $24,008,844 +$6,882,328 2,297,497 +40% Lazard Asset Management LLC 31 Mar 2025
Allspring Global Investments Holdings, LLC 13% $21,634,112 2,070,250 Allspring Global Investments Holdings, LLC 31 Dec 2024
1607 Capital Partners, LLC 7.8% -12% $14,315,769 -$2,048,074 1,253,570 -13% 1607 Capital Partners, LLC 31 Dec 2025

As of 31 Dec 2025, 33 institutional investors reported holding 10,432,103 shares of NEW GERMANY FUND INC - Common Shares, $0.001 par value (GF). This represents 64% of the company’s total 16,180,443 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of NEW GERMANY FUND INC - Common Shares, $0.001 par value (GF) together control 64% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
LAZARD ASSET MANAGEMENT LLC 15% 2,346,296 -0.14% 0.05% $26,794,700
Saba Capital Management, L.P. 14% 2,210,555 +13% 0.85% $25,244,538
Allspring Global Investments Holdings, LLC 13% 2,141,916 +0.36% 0.04% $24,460,681
1607 Capital Partners, LLC 7.7% 1,253,570 -6.4% 0.98% $14,315,769
Bulldog Investors, LLP 3.1% 501,257 +2% 1.3% $5,724,355
Karpus Management, Inc. 2.3% 368,998 +2.2% 0.13% $4,213,957
Uncommon Cents Investing LLC 2.3% 365,906 +0.64% 1% $4,178,647
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 1.6% 255,067 +0.87% 0.22% $2,912,865
GABELLI FUNDS LLC 1.6% 255,000 -0.39% 0.02% $2,912,100
SIT INVESTMENT ASSOCIATES INC 1% 163,442 0% 0.04% $1,867,000
Shaker Financial Services, LLC 0.75% 121,034 -9.3% 0.44% $1,397,919
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.62% 100,443 +20% 0.17% $1,147,059
ROYAL BANK OF CANADA 0.52% 83,414 -3.3% 0% $952,000
AQR Arbitrage LLC 0.25% 40,119 -23% 0.01% $458,159
Hudson Portfolio Management LLC 0.2% 32,690 0% 0.32% $373,320
Arnhold LLC 0.2% 32,643 0% 0.03% $372,783
CSS LLC/IL 0.19% 31,181 -9.4% 0.02% $356,087
GUGGENHEIM CAPITAL LLC 0.19% 30,391 -6.6% 0% $347,065
EVOLVE PRIVATE WEALTH, LLC 0.16% 26,272 0% 0.02% $303,417
QUANTIFY CHAOS ADVISORS, LLC 0.14% 22,645 0% 0.78% $258,602
GAMCO INVESTORS, INC. ET AL 0.11% 18,200 -21% 0% $207,844
Federation des caisses Desjardins du Quebec 0.06% 8,927 0% 0% $101,143
PNC Financial Services Group, Inc. 0.04% 6,642 0% 0% $75,852
MORGAN STANLEY 0.03% 5,482 +2.5% 0% $62,604
OSAIC HOLDINGS, INC. 0.02% 3,341 0% 0% $38,163

Institutional Holders of NEW GERMANY FUND INC - Common Shares, $0.001 par value (GF) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 4,087,682 $41,775,584 -$869,662 $10.22 18
2025 Q4 10,432,103 $119,153,103 +$1,867,335 $11.42 33
2025 Q3 10,219,404 $118,136,247 +$824,302 $11.56 32
2025 Q2 10,147,671 $121,163,122 +$3,813,896 $11.94 33
2025 Q1 9,831,465 $96,446,639 +$3,825,203 $9.81 33
2024 Q4 9,535,099 $74,392,857 +$3,278,332 $7.80 38
2024 Q3 9,105,141 $81,288,953 +$2,518,224 $8.93 39
2024 Q2 8,790,059 $71,490,724 +$1,070,786 $8.14 35
2024 Q1 8,655,243 $75,380,913 -$3,591,650 $8.71 34
2023 Q4 9,106,726 $79,609,157 +$1,183,249 $8.74 34
2023 Q3 8,972,094 $73,301,415 +$804,104 $8.17 31
2023 Q2 8,869,745 $79,656,089 +$725,354 $8.98 33
2023 Q1 8,788,586 $79,866,216 -$1,356,434 $9.09 32
2022 Q4 8,927,247 $70,450,529 +$1,385,566 $7.89 31
2022 Q3 8,756,928 $60,919,000 +$169,740 $6.96 33
2022 Q2 8,729,013 $73,650,000 +$570,777 $8.44 32
2022 Q1 8,640,984 $98,803,000 +$3,222,377 $11.43 37
2021 Q4 8,337,378 $123,500,000 -$35,469,119 $14.81 37
2021 Q3 8,413,693 $166,143,000 -$411,788 $19.75 37
2021 Q2 8,434,389 $170,606,000 -$3,022,653 $20.23 35
2021 Q1 8,584,068 $169,636,783 -$1,599,902 $19.77 37
2020 Q4 8,617,966 $164,028,000 -$773,734 $19.03 36
2020 Q3 8,658,905 $146,104,000 +$487,610 $16.88 34
2020 Q2 9,330,157 $141,667,000 -$471,881 $15.18 39
2020 Q1 8,607,220 $99,928,000 +$1,142,785 $11.61 35
2019 Q4 8,471,232 $132,807,000 -$1,639,777 $15.68 38
2019 Q3 8,479,255 $117,529,000 +$213,076 $13.86 35
2019 Q2 8,463,769 $120,333,000 +$2,368,128 $14.22 34
2019 Q1 8,350,494 $117,011,000 +$2,770,383 $13.98 33
2018 Q4 8,120,305 $95,136,000 +$432,398 $11.70 30
2018 Q3 8,080,894 $147,083,000 -$1,072,641 $18.20 34
2018 Q2 8,135,824 $148,351,000 +$2,967,754 $18.24 33
2018 Q1 7,971,672 $155,708,544 +$1,142,942 $19.53 33
2017 Q4 7,899,352 $153,677,524 -$3,843,840 $19.44 35
2017 Q3 7,878,240 $146,338,500 +$443,887 $18.57 33
2017 Q2 7,862,180 $130,828,844 +$498,135 $16.63 34
2017 Q1 7,832,680 $115,683,884 +$2,581,821 $14.77 34
2016 Q4 7,682,805 $100,422,652 -$544,988 $13.07 44
2016 Q3 7,718,437 $110,760,855 +$2,052,831 $14.35 39
2016 Q2 7,578,153 $99,817,181 -$252,520 $13.27 39
2016 Q1 7,592,521 $106,979,508 +$1,040,233 $14.09 37
2015 Q4 7,506,368 $110,291,366 +$1,921,652 $14.70 38
2015 Q3 7,374,164 $106,280,104 +$1,759,941 $14.41 37
2015 Q2 7,162,050 $108,012,081 +$2,365,924 $15.08 34
2015 Q1 7,001,202 $108,517,106 -$2,153,418 $15.50 33
2014 Q4 7,144,680 $100,197,859 -$550,758 $14.03 36
2014 Q3 7,185,525 $119,990,326 -$5,249,200 $16.70 34
2014 Q2 7,519,550 $140,328,846 -$5,356,125 $18.67 39
2014 Q1 7,649,197 $148,686,047 -$4,149,543 $19.46 37
We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Here you can make detailed settings or revoke your consent (in part if necessary) with effect for the future. For further information, please refer to our Privacy Policy .