Gabelli Equity Trust
96 hedge funds and large institutions have $104M invested in Gabelli Equity Trust in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 17 reducing their positions, and 9 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 17
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
5% more funds holding
Funds holding: 91 → 96 (+5)
3% more capital invested
Capital invested by funds: $100M → $104M (+$3.5M)
0.47% more ownership
Funds ownership: 8.36% → 8.83% (+0.47%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$979K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$922K |
| 3 |
Morgan Stanley
New York
|
+$597K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$510K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$322K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$281K |
| 3 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
-$273K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$251K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
101
AmeriServ Wealth Advisors
Johnstown,
Pennsylvania
| – | -$89K | -16,313 | Closed |
|
102
Fisher Asset Management
Camas,
Washington
| – | -$88K | -16,028 | Closed |
|
|
OLA
103
Oliver Luxxe Assets
Gladstone,
New Jersey
| – | -$80K | -14,656 | Closed |
|
|
JIC
104
Joel Isaacson & Co
New York
| – | -$6K | -1,105 | Closed |
|
|
WA
105
WFG Advisors
Dallas,
Texas
| – | -$5K | -933 | Closed |
|
GAB Hedge Fund Activity: Q4 2016 in Review
96 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q4 2016, worth a combined $104M — up 3.5% from $100M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GAB positions and 9 closed out — a net gain of 7 holders — while 37 added to existing stakes and 17 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $979K. The largest seller was Creative Planning, cutting an estimated $322K.
- 96 institutional investors held Gabelli Equity Trust (GAB) as of Q4 2016, up from 91 in Q3 2016.
- Funds reported $104M of Gabelli Equity Trust stock for Q4 2016, up 3.5% quarter-over-quarter.
- 16 funds opened new Gabelli Equity Trust positions in Q4 2016 and 9 closed out, a net change of +7 holders.
- The largest Gabelli Equity Trust buyer in Q4 2016 was Shaker Financial Services, an estimated $979K added.
- The largest Gabelli Equity Trust seller in Q4 2016 was Creative Planning, an estimated $322K sold.
Based on aggregated 13F filings for Q4 2016.