Gabelli Equity Trust
156 hedge funds and large institutions have $141M invested in Gabelli Equity Trust in 2021 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 61 increasing their positions, 22 reducing their positions, and 9 closing their positions.
177% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 22
167% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 9
17% more capital invested
Capital invested by funds: $121M → $141M (+$20.8M)
10% more funds holding
Funds holding: 142 → 156 (+14)
1.45% more ownership
Funds ownership: 6.67% → 8.12% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$7.01M |
| 2 |
HHGC
Hunting Hill Global Capital
New York
|
+$4.24M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.53M |
| 4 |
Morgan Stanley
New York
|
+$2.09M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.25M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.21M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$942K |
| 4 |
BWM
BerganKDV Wealth Management
Bloomington,
Minnesota
|
-$737K |
| 5 |
PTP
Platform Technology Partners
New York
|
-$673K |
GAB Hedge Fund Activity: Q3 2021 in Review
156 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q3 2021, worth a combined $141M — up 17% from $121M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new GAB positions and 9 closed out — a net gain of 15 holders — while 61 added to existing stakes and 22 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $7.01M. The largest seller was City of London Investment Management, cutting an estimated $1.25M.
- 156 institutional investors held Gabelli Equity Trust (GAB) as of Q3 2021, up from 142 in Q2 2021.
- Funds reported $141M of Gabelli Equity Trust stock for Q3 2021, up 17% quarter-over-quarter.
- 24 funds opened new Gabelli Equity Trust positions in Q3 2021 and 9 closed out, a net change of +15 holders.
- The largest Gabelli Equity Trust buyer in Q3 2021 was Cohen & Steers, an estimated $7.01M added.
- The largest Gabelli Equity Trust seller in Q3 2021 was City of London Investment Management, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2021.