Gabelli Equity Trust
142 hedge funds and large institutions have $121M invested in Gabelli Equity Trust in 2021 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 28 increasing their positions, 89 reducing their positions, and 13 closing their positions.
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
17% more capital invested
Capital invested by funds: $103M → $121M (+$17.2M)
9% more funds holding
Funds holding: 130 → 142 (+12)
0.55% more ownership
Funds ownership: 6.12% → 6.67% (+0.55%)
69% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWM
BerganKDV Wealth Management
Bloomington,
Minnesota
|
+$5.13M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.02M |
| 3 |
Barclays
London,
United Kingdom
|
+$1.89M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.46M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SDAM
Shulman DeMeo Asset Management
Lake Success,
New York
|
-$470K |
| 2 |
CWM
Connecticut Wealth Management
Farmington,
Connecticut
|
-$377K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$352K |
| 4 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
-$341K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$202K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAP
151
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$44K | -6,650 | Closed |
|
152
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$11K | -1,604 | Closed |
|
|
CB
153
CNB Bank
Clearfield,
Pennsylvania
| – | -$5K | -694 | Closed |
|
|
PWMG
154
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$2K | -351 | Closed |
|
|
JPLA
155
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$1K | -153 | Closed |
|
GAB Hedge Fund Activity: Q2 2021 in Review
142 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q2 2021, worth a combined $121M — up 17% from $103M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new GAB positions and 13 closed out — a net gain of 12 holders — while 28 added to existing stakes and 89 trimmed.
The largest buyer was BerganKDV Wealth Management, opening a new position worth an estimated $5.13M. The largest seller was Shulman DeMeo Asset Management, exiting entirely with an estimated $470K sold.
- 142 institutional investors held Gabelli Equity Trust (GAB) as of Q2 2021, up from 130 in Q1 2021.
- Funds reported $121M of Gabelli Equity Trust stock for Q2 2021, up 17% quarter-over-quarter.
- 25 funds opened new Gabelli Equity Trust positions in Q2 2021 and 13 closed out, a net change of +12 holders.
- The largest Gabelli Equity Trust buyer in Q2 2021 was BerganKDV Wealth Management, an estimated $5.13M added.
- The largest Gabelli Equity Trust seller in Q2 2021 was Shulman DeMeo Asset Management, an estimated $470K sold.
Based on aggregated 13F filings for Q2 2021.