SABA CAPITAL MANAGEMENT, L.P. purchased 5.3% of their position (140.56K shares) of NEW GERMANY FUND INC on the open market
Open‑market purchase worth $1.49M — a moderate purchase. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 4/7/2026ACC: 0001510281-26-000145
10% Owner
Since Feb 2026
+140.56K
Net shares
Net buyer
$1.49M
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
140.56K acquired
Non-Derivative Transactions1
Common Stock
Indirect
Shares
+140.56K
Price / share
$10.63
Trade value
$1.49M
% of position
5.3%
4/6/2026
2.67M→2.81M
Total
Net shares
+140.56K
Net value
$1.49M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 4/6/2026 | P · Purchase | +140.56K | $10.63 | $1.49M | 5.3% | 2.67M | 2.81M |
| Total | +140.56K | $1.49M | ||||||
Derivative Transactions0
No derivative transactions reported