$GF

$10.22 +$0.03 (0.29%) Close

$GF Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Ownership

13F as of Q2 2026 · 16.3M shares outstanding

Who owns GF?

By type of holder

Institutions 66.5% Insiders 33.5% Everyone else 0.0%

Concentration Top 10 holders own 85.3%

Boaz R. Weinstein 23.0% · Saba Capital Management, L.P. 22.1%

Institutional ownership

66.5%

+1.9 pts vs last qtr

Institutional holders

-2 vs last qtr

Net shares bought

+309.8K

by institutions in Q2 2026

New / sold out

2 / 4

positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026

Saba Capital Management, L.P. +1.0M
Sit Investment Associates Inc +280.7K

Biggest sellers in Q2 2026

Karpus Management, Inc. −349.9K
Allspring Global Investments Holdings, LLC −321.6K

Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for New Germany Fund Inc in the last 12 months.

Is your stake being diluted?

There are not yet two fiscal years of reported share counts for New Germany Fund Inc.

How patient are the owners?

Institutional shares by how long they've been held

5+ years40% 3–5 years16% 1–3 years44% Under 1 year1%

Quarterly turnover

11.7%

of institutional shares changed hands

Top 10 managers, median time held

5 years

Super Investors

Investment managers reporting GF on Form 13F

Holder	Shares	% of company	Change vs last qtr	Held since	% of their book
SC Saba Capital Management, L.P. 13D · 23.0%	3.6M	22.09%	+1.0M (+38.8%)	2024	1.1%
Shares held by quarter Peak holding3.6M (Q2'26) Change over 8 quarters+2.7M Share of the company22.090% Disclosed stake13D · 23.0% Saba Capital Management, L.P.'s full portfolio →
LA Lazard Asset Management LLC	2.4M	14.71%	+62.6K (+2.7%)	≤2021	0.0%
Shares held by quarter Peak holding2.4M (Q2'26) Change over 8 quarters+749.3K Share of the company14.710% Lazard Asset Management LLC's full portfolio →

Saba Capital Management, L.P.

13D · 23.0%

3.6M

% of company

22.09%

Change vs last qtr

+1.0M (+38.8%)

Held since

2024

Lazard Asset Management LLC

2.4M

% of company

14.71%

Change vs last qtr

+62.6K (+2.7%)

Held since

≤2021

27 more super investors behind a free account

See every manager holding New Germany Fund Inc, how their position has changed, and how long they've held it.

Institutional Funds

Mutual funds and ETFs reporting GF on Form N-PORT; together they hold 9.0% of the company

Fund	Position value	Shares	% of company	% of the fund	As of
SC Saba Closed-End Funds ETF Exchange Listed Funds Trust	$5.91M	483.9K	2.97%	1.40%	May 31, 2026
SO Special Opportunities Fund, Inc. Special Opportunities Fund, Inc.	$4.78M	417.2K	2.56%	2.75%	June 30, 2026

Saba Closed-End Funds ETF

Exchange Listed Funds Trust

Position value

$5.91M

% of company

2.97%

% of the fund

1.40%

As of

May 31, 2026

Special Opportunities Fund, Inc.

Position value

$4.78M

% of company

2.56%

% of the fund

2.75%

As of

June 30, 2026

6 more funds behind a free account

See every fund holding New Germany Fund Inc and how much of the fund the position is.

Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G

Holder	Shares	% of company	Change vs last qtr	8 quarters	Held since	% of their book
BR Boaz R. Weinstein 5%+ holder 13D · 23.0%	3.7M	22.99%	—	—	—	—
This holder reports through Schedule 13D/G, not a quarterly 13F. Share of the company22.990% Disclosed stake13D · 23.0% View the 13D/G filing →
LW Leoni Wolfgang Helmut Insider	1.3K	0.01%	—	—	—	—
Insider holdings come from Form 3/4/5 filings, which are not quarterly. Share of the company0.010% Leoni Wolfgang Helmut's insider activity →

Boaz R. Weinstein

5%+ holder13D · 23.0%

3.7M

% of company

22.99%

Change vs last qtr

—

Held since

—

Leoni Wolfgang Helmut

Insider

1.3K

% of company

0.01%

Change vs last qtr

—

Held since

—

1 more holders behind a free account

See every insider and 5%+ holder of New Germany Fund Inc.

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