SABA CAPITAL MANAGEMENT, L.P. purchased 5.5% of their position (130.62K shares) of NEW GERMANY FUND INC on the open market
Open‑market purchase worth $1.57M — a moderate purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 2/19/2026ACC: 0001510281-26-000094
10% Owner
Since Feb 2026
+130.62K
Net shares
Net buyer
$1.57M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
130.62K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+111.24K
Price / share
$11.94
Trade value
$1.33M
% of position
4.7%
2/17/2026
2.36M→2.48M
Common Stock
Indirect
Shares
+19.37K
Price / share
$12.25
Trade value
$237.33K
% of position
0.8%
2/18/2026
2.48M→2.50M
Total
Net shares
+130.62K
Net value
$1.57M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 2/17/2026 | P · Purchase | +111.24K | $11.94 | $1.33M | 4.7% | 2.36M | 2.48M |
| Common Stock Indirect | 2/18/2026 | P · Purchase | +19.37K | $12.25 | $237.33K | 0.8% | 2.48M | 2.50M |
| Total | +130.62K | $1.57M | ||||||
Derivative Transactions0
No derivative transactions reported