We are live on ! Find out more
GAB icon

Gabelli Equity Trust
GAB

192 hedge funds and large institutions have $129M invested in Gabelli Equity Trust in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 44 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 21

36% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 44

2% more funds holding

Funds holding: 188 → 192 (+4)

4% more capital invested

Capital invested by funds: $124M → $129M (+$5.44M)

0.32% less ownership

Funds ownership: 8.36% → 8.04% (-0.32%)

Holders
192
Holders Change
+4
Holders Change %
+2.13%
% of All Funds
2.77%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
29
Increased
60
Reduced
44
Closed
21
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$2.49M
2
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$2.2M
3
LCM
Landscape Capital Management
New Jersey
+$1.48M
4
Cohen & Steers
Cohen & Steers
New York
+$1.27M
5
AAM
Advisors Asset Management
Colorado
+$686K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$10M
2
Bank of America
Bank of America
North Carolina
-$2.3M
3
WAM
Wolverine Asset Management
Illinois
-$696K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$553K
5
Creative Planning
Creative Planning
Kansas
-$405K
Name Holding Trade Value Shares
Change 		Change in
Stake
RJA
26
Raymond James & Associates
Florida
$1.13M -$39.3K -7,418 -4%
PAG
27
Private Advisor Group
New Jersey
$1.08M +$266K +50,220 +34%
SPIA
28
Steward Partners Investment Advisory
New York
$779K -$91.2K -17,234 -11%
AAM
29
Advisors Asset Management
Colorado
$716K +$686K +129,676 New
AWS
30
Atria Wealth Solutions
New York
$651K -$3.67K -694 -0.6%
WS
31
Wedbush Securities
California
$650K +$14.1K +2,671 +2%
IAIM
32
International Assets Investment Management
Florida
$640K +$561K +106,000 +900%
EWM
33
Empirical Wealth Management
Washington
$637K -$51.7K -9,758 -8%
SWP
34
Stratos Wealth Partners
Ohio
$635K +$33.2K +6,276 +6%
ASN
35
Advisory Services Network
Georgia
$599K -$29.9K -5,645 -5%
Thrivent Financial for Lutherans
36
Thrivent Financial for Lutherans
Minnesota
$581K +$162K +30,552 +41%
Stifel Financial
37
Stifel Financial
Missouri
$580K +$38.9K +7,340 +8%
IA
38
IFP Advisors
Florida
$540K +$50.6K +9,557 +11%
HCM
39
Hollencrest Capital Management
California
$527K – – –
Truist Financial
40
Truist Financial
North Carolina
$514K +$61.1K +11,535 +14%
IW
41
Imprint Wealth
South Carolina
$472K +$460K +86,912 New
HighTower Advisors
42
HighTower Advisors
Illinois
$465K -$219K -41,406 -33%
Janney Montgomery Scott
43
Janney Montgomery Scott
Pennsylvania
$452K +$7.99K +1,509 +2%
EFA
44
Evernest Financial Advisors
Indiana
$442K -$22.7K -4,286 -5%
MML Investors Services
45
MML Investors Services
Massachusetts
$432K -$89.5K -16,916 -18%
VBCG
46
Valley Brook Capital Group
Pennsylvania
$424K +$148K +28,000 +57%
MFG
47
Magnus Financial Group
New York
$420K +$10.6K +2,002 +3%
HWA
48
HCR Wealth Advisors
California
$416K – – –
WAM
49
Wolverine Asset Management
Illinois
$415K -$696K -131,540 -64%
PI
50
PFG Investments
New York
$405K +$389K +73,418 New
1
2
3 4 5

GAB Hedge Fund Activity: Q1 2024 in Review

192 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q1 2024, worth a combined $129M — up 4.4% from $124M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new GAB positions and 21 closed out — a net gain of 8 holders — while 60 added to existing stakes and 44 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $2.49M. The largest seller was Morgan Stanley, cutting an estimated $10M.

  • 192 institutional investors held Gabelli Equity Trust (GAB) as of Q1 2024, up from 188 in Q4 2023.
  • Funds reported $129M of Gabelli Equity Trust stock for Q1 2024, up 4.4% quarter-over-quarter.
  • 29 funds opened new Gabelli Equity Trust positions in Q1 2024 and 21 closed out, a net change of +8 holders.
  • The largest Gabelli Equity Trust buyer in Q1 2024 was Commonwealth Equity Services, an estimated $2.49M added.
  • The largest Gabelli Equity Trust seller in Q1 2024 was Morgan Stanley, an estimated $10M sold.

Based on aggregated 13F filings for Q1 2024.