Gabelli Equity Trust
173 hedge funds and large institutions have $113M invested in Gabelli Equity Trust in 2022 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 52 increasing their positions, 31 reducing their positions, and 16 closing their positions.
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
68% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 31
5% more funds holding
Funds holding: 164 → 173 (+9)
0.13% less ownership
Funds ownership: 7.21% → 7.08% (-0.13%)
3% less capital invested
Capital invested by funds: $116M → $113M (-$3.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.17M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$703K |
| 3 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
+$664K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$663K |
| 5 |
EC
Elequin Capital
New York
|
+$620K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$4.69M |
| 2 |
Morgan Stanley
New York
|
-$2.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$640K |
| 4 |
LFG
Larson Financial Group
St Louis,
Missouri
|
-$430K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$427K |
GAB Hedge Fund Activity: Q4 2022 in Review
173 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q4 2022, worth a combined $113M — down 2.8% from $116M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new GAB positions and 16 closed out — a net gain of 12 holders — while 52 added to existing stakes and 31 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.17M. The largest seller was International Assets Investment Management, exiting entirely with an estimated $4.69M sold.
- 173 institutional investors held Gabelli Equity Trust (GAB) as of Q4 2022, up from 164 in Q3 2022.
- Funds reported $113M of Gabelli Equity Trust stock for Q4 2022, down 2.8% quarter-over-quarter.
- 28 funds opened new Gabelli Equity Trust positions in Q4 2022 and 16 closed out, a net change of +12 holders.
- The largest Gabelli Equity Trust buyer in Q4 2022 was Cohen & Steers, an estimated $1.17M added.
- The largest Gabelli Equity Trust seller in Q4 2022 was International Assets Investment Management, an estimated $4.69M sold.
Based on aggregated 13F filings for Q4 2022.