SABA CAPITAL MANAGEMENT, L.P. purchased 2.4% of their position (82.59K shares) of NEW GERMANY FUND INC on the open market
Open‑market purchase worth $964.1K — a small addition. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 6/17/2026ACC: 0001510281-26-000218
10% Owner
Since Feb 2026
+82.59K
Net shares
Net buyer
$964.1K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
82.59K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+53.84K
Price / share
$11.60
Trade value
$624.51K
% of position
1.5%
6/15/2026
3.51M→3.56M
Common Stock
Indirect
Shares
+28.76K
Price / share
$11.81
Trade value
$339.63K
% of position
0.8%
6/16/2026
3.56M→3.59M
Total
Net shares
+82.59K
Net value
$964.14K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 6/15/2026 | P · Purchase | +53.84K | $11.60 | $624.51K | 1.5% | 3.51M | 3.56M |
| Common Stock Indirect | 6/16/2026 | P · Purchase | +28.76K | $11.81 | $339.63K | 0.8% | 3.56M | 3.59M |
| Total | +82.59K | $964.14K | ||||||
Derivative Transactions0
No derivative transactions reported