New Germany Fund Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:GF Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
05 Jan 24	BuyUS$8,491	Bernhard Koepp	Individual		1,000	US$8.50
11 Dec 23	SellUS$10,584	Christopher Pleister	Individual		1,262.8	US$8.38

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of GF?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	5,000	0.0292%
General Public	8,261,978	48.2%
Institutions	8,870,935	51.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 51.53% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
13.7%	Allspring Global Investments, LLC	2,339,159	US$19.6m	-9.33%	0.03%
12.4%	Lazard Asset Management LLC	2,131,644	US$17.8m	-5.11%	0.01%
9.51%	1607 Capital Partners, LLC	1,630,423	US$13.6m	3.45%	0.41%
7.15%	City of London Investment Management Company Limited	1,224,799	US$10.2m	3.13%	0.19%
1.8%	Uncommon Cents Investing, LLC	308,220	US$2.6m	0.46%	0.82%
1.79%	Shaker Financial Services, LLC	305,996	US$2.6m	31.1%	1.07%
1.7%	GAMCO Investors, Inc.	291,612	US$2.4m	-0.85%	0.01%
0.55%	Royal Bank of Canada, Banking & Securities Investments	93,514	US$781.8k	-6.3%	no data
0.42%	AQR Capital Management, LLC	71,242	US$595.6k	47.2%	no data
0.34%	CSS LLC/IL, Asset Management Arm	59,024	US$493.4k	0%	0.13%
0.23%	Hudson Portfolio Management LLC	39,244	US$328.1k	-9.06%	0.35%
0.21%	Logan Stone Capital, LLC	36,100	US$301.8k	0%	0.06%
0.21%	Bank of America Corporation, Asset Management Arm	35,269	US$294.9k	-0.88%	no data
0.19%	Arnhold LLC	32,643	US$272.9k	0%	0.03%
0.18%	Almitas Capital LLC	31,573	US$264.0k	0%	0.07%
0.17%	Wolverine Asset Management, LLC	29,063	US$243.0k	-2.37%	0.01%
0.15%	Landscape Capital Management, LLC	26,333	US$220.1k	0%	0.02%
0.14%	Smith, Moore & Co., Asset Management Arm	24,560	US$205.3k	0%	0.02%
0.13%	Karpus Management Inc	22,882	US$191.3k	0%	0.01%
0.11%	Sigma Planning Corporation	19,447	US$162.6k	0.01%	0.01%
0.11%	Susquehanna International Group, LLP, Asset Management Arm	19,243	US$160.9k	1.2%	no data
0.1%	Meridian Investment Counsel, Inc.	17,264	US$144.3k	0%	0.05%
0.092%	Relative Value Partners Group, LLC	15,722	US$131.4k	0%	0.01%
0.086%	UBS Asset Management AG	14,818	US$123.9k	-31.2%	no data
0.07%	LPL Financial Corporation, Asset Management Arm	11,976	US$100.1k	1.11%	no data