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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
NP
51
NorthRock Partners
Minnesota
$403K -$17K -3,204 -4%
Cambridge Investment Research Advisors
52
Cambridge Investment Research Advisors
Iowa
$392K +$20.5K +3,870 +6%
Wealth Enhancement Advisory Services
53
Wealth Enhancement Advisory Services
Minnesota
$336K +$48.9K +9,245 +18%
SDAM
54
Shulman DeMeo Asset Management
New York
$321K -$159 -30 -0.1%
BCM
55
Brookstone Capital Management
Illinois
$297K -$12.9K -2,431 -4%
EH
56
Equitable Holdings
New York
$297K – – –
EP
57
Eudaimonia Partners
Tennessee
$276K – – –
BRWA
58
B. Riley Wealth Advisors
Florida
$264K -$70.9K -13,387 -21%
AAS
59
Avantax Advisory Services
Texas
$254K – – –
SOS
60
Silver Oak Securities
Tennessee
$249K -$178K -33,617 -43%
GVAG
61
Great Valley Advisor Group
Delaware
$244K -$15.3K -2,885 -6%
NA
62
NewEdge Advisors
Louisiana
$241K -$34K -6,431 -13%
KAS
63
Kestra Advisory Services
Texas
$240K +$57K +10,764 +33%
MWA
64
Midland Wealth Advisors
Illinois
$237K – – –
Mercer Global Advisors
65
Mercer Global Advisors
Colorado
$231K +$83.2K +15,721 +60%
SIG
66
Stonegate Investment Group
Alabama
$231K +$5.9K +1,115 +3%
GLLW
67
Graves Light Lenhart Wealth
Virginia
$228K – – –
SF
68
Synovus Financial
Georgia
$218K – – –
MWM
69
Mission Wealth Management
California
$216K +$207K +39,074 New
NS
70
NBC Securities
Alabama
$214K +$9.53K +1,800 +5%
PC
71
Pecaut & Co
Iowa
$197K -$119K -22,552 -39%
SBIA
72
Sheaff Brock Investment Advisors
Indiana
$190K – – –
WC
73
Waterloo Capital
Texas
$182K +$9.08K +1,716 +5%
CIBC World Market
74
CIBC World Market
Ontario, Canada
$178K +$5.29K +1,000 +3%
VFA
75
Valeo Financial Advisors
Indiana
$166K +$87.3K +16,497 +112%
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.