SABA CAPITAL MANAGEMENT, L.P. purchased 1.6% of their position (55.14K shares) of NEW GERMANY FUND INC on the open market
Open‑market purchase worth $661.7K — a small addition. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 6/3/2026ACC: 0001510281-26-000199
10% Owner
Since Feb 2026
+55.14K
Net shares
Net buyer
$661.7K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
55.14K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+100.00
Price / share
$12.05
Trade value
$1.21K
% of position
0.0%
6/1/2026
3.38M→3.38M
Common Stock
Indirect
Shares
+55.04K
Price / share
$12.00
Trade value
$660.46K
% of position
1.6%
6/2/2026
3.38M→3.44M
Total
Net shares
+55.14K
Net value
$661.66K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 6/1/2026 | P · Purchase | +100.00 | $12.05 | $1.21K | 0.0% | 3.38M | 3.38M |
| Common Stock Indirect | 6/2/2026 | P · Purchase | +55.04K | $12.00 | $660.46K | 1.6% | 3.38M | 3.44M |
| Total | +55.14K | $661.66K | ||||||
Derivative Transactions0
No derivative transactions reported