SABA CAPITAL MANAGEMENT, L.P. purchased 2.6% of their position (58.29K shares) of NEW GERMANY FUND INC on the open market
Open‑market purchase worth $710.5K — a small addition. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 2/3/2026ACC: 0001510281-26-000058
10% Owner
Since Feb 2026
+58.29K
Net shares
Net buyer
$710.5K
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
58.29K acquired
Non-Derivative Transactions1
Common Stock
Indirect
Shares
+58.29K
Price / share
$12.19
Trade value
$710.54K
% of position
2.6%
2/2/2026
2.26M→2.32M
Total
Net shares
+58.29K
Net value
$710.54K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 2/2/2026 | P · Purchase | +58.29K | $12.19 | $710.54K | 2.6% | 2.26M | 2.32M |
| Total | +58.29K | $710.54K | ||||||
Derivative Transactions0
No derivative transactions reported