SABA CAPITAL MANAGEMENT, L.P. purchased 1.2% of their position (43.69K shares) of NEW GERMANY FUND INC on the open market
Open‑market purchase worth $506.8K — a small addition. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 7/7/2026ACC: 0001510281-26-000231
10% Owner
Since Feb 2026
+43.69K
Net shares
Net buyer
$506.8K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
43.69K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+37.09K
Price / share
$11.60
Trade value
$430.21K
% of position
1.0%
7/2/2026
3.60M→3.64M
Common Stock
Indirect
Shares
+6.60K
Price / share
$11.60
Trade value
$76.56K
% of position
0.2%
7/6/2026
3.64M→3.65M
Total
Net shares
+43.69K
Net value
$506.77K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 7/2/2026 | P · Purchase | +37.09K | $11.60 | $430.21K | 1.0% | 3.60M | 3.64M |
| Common Stock Indirect | 7/6/2026 | P · Purchase | +6.60K | $11.60 | $76.56K | 0.2% | 3.64M | 3.65M |
| Total | +43.69K | $506.77K | ||||||
Derivative Transactions0
No derivative transactions reported