The New Germany Fund, Inc.
US ˙ NYSE ˙ US6444651060

SecurityGF / The New Germany Fund, Inc.
InstitutionAdvisor Group Holdings, Inc.
Latest Disclosed Ownership852 shares
Latest Disclosed Value $ 8,707
Advisor Group Holdings, Inc. reports 74.50% decrease in ownership of GF / The New Germany Fund, Inc.

On May 15, 2026 - Advisor Group Holdings, Inc. filed a 13F-HR form disclosing ownership of 852 shares of The New Germany Fund, Inc. (US:GF) valued at $8,707 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 3,341 shares of The New Germany Fund, Inc.. This represents a change in shares of -74.50% during the quarter. The current value of the position is $10,113 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F NEW GERMANY FD COM 644465106 852 -2,489 -74.50 9 -78.95 0.0000
2026-02-17 2025-12-31 13F NEW GERMANY FD COM 644465106 3,341 0 0.00 38 0.00 0.0001
2025-11-14 2025-09-30 13F NEW GERMANY FD COM 644465106 3,341 -821 -19.73 38 -22.45 0.0001
2025-09-04 2025-06-30 13F/A-1 NEW GERMANY FD COM 644465106 4,162 -1,035 -19.92 50 -2.00 0.0001
2025-08-13 2025-06-30 13F NEW GERMANY FD COM 644465106 2,771 -2,426 22 0.0000
2025-05-12 2025-03-31 13F NEW GERMANY FD COM 644465106 5,197 408 8.52 51 35.14 0.0001
2025-06-06 2024-12-31 13F/A-1 NEW GERMANY FD COM 644465106 4,789 -243 -4.83 37 -15.91 0.0001
2025-02-07 2024-12-31 13F NEW GERMANY FD COM 644465106 5,029 -3 43 0.0001
2024-11-13 2024-09-30 13F NEW GERMANY FD COM 644465106 5,032 0 0.00 45 10.00 0.0001
2024-08-13 2024-06-30 13F NEW GERMANY FD COM 644465106 5,032 2,025 67.34 41 53.85 0.0001
2024-05-10 2024-03-31 13F NEW GERMANY FD COM 644465106 3,007 8 0.27 26 0.00 0.0001
2024-02-12 2023-12-31 13F NEW GERMANY FD COM 644465106 2,999 -2,487 -45.33 26 -40.91 0.0000
2023-11-13 2023-09-30 13F NEW GERMANY FD COM 644465106 5,486 0 0.00 45 -10.20 0.0001
2023-08-21 2023-06-30 13F/A-1 NEW GERMANY FD COM 644465106 5,486 6 0.11 49 0.00 0.0001
2023-08-10 2023-06-30 13F NEW GERMANY FD COM 644465106 5,486 6 49 0.0000
2023-05-12 2023-03-31 13F NEW GERMANY FD COM 644465106 5,480 17 0.31 50 13.95 0.0001
2023-02-10 2022-12-31 13F NEW GERMANY FD COM 644465106 5,463 -2,188 -28.60 43 -20.37 0.0001
2022-11-14 2022-09-30 13F NEW GERMANY FD COM 644465106 7,651 0 0.00 54 -15.62 0.0001
2022-08-10 2022-06-30 13F NEW GERMANY FD COM 644465106 7,651 6,098 392.66 64 276.47 0.0001
2022-05-04 2022-03-31 13F NEW GERMANY FD COM 644465106 1,553 1,346 650.24 17 466.67 0.0000
2022-02-03 2021-12-31 13F NEW GERMANY FD COM 644465106 207 -26 -11.16 3 -40.00 0.0000
2021-11-05 2021-09-30 13F NEW GERMANY FD COM 644465106 233 12 5.43 5 0.00 0.0000
2021-08-02 2021-06-30 13F NEW GERMANY FD COM 644465106 221 -677 -75.39 5 -73.68 0.0000
2021-05-13 2021-03-31 13F NEW GERMANY FD COM 644465106 898 174 24.03 19 35.71 0.0000
2021-02-10 2020-12-31 13F NEW GERMANY FD COM 644465106 724 0 0.00 14 27.27 0.0000
2020-11-12 2020-09-30 13F NEW GERMANY FD COM 644465106 724 0 0.00 11 10.00 0.0000
2020-08-14 2020-06-30 13F NEW GERMANY FD COM 644465106 724 14 1.97 10 25.00 0.0000
2020-05-18 2020-03-31 13F NEW GERMANY FD COM 644465106 710 710 8 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.