Gabelli Equity Trust
164 hedge funds and large institutions have $116M invested in Gabelli Equity Trust in 2022 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 25 reducing their positions, and 12 closing their positions.
116% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 25
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
4% more funds holding
Funds holding: 158 → 164 (+6)
0.16% more ownership
Funds ownership: 7.06% → 7.21% (+0.16%)
4% less capital invested
Capital invested by funds: $120M → $116M (-$4.42M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$745K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$612K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$497K |
| 4 |
LFG
Larson Financial Group
St Louis,
Missouri
|
+$482K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$426K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$526K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$449K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$413K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$393K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$320K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWMIA
176
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$3K | -429 | Closed |
|
177
BlackRock
New York
| – | +$240 | +39 | New |
|
GAB Hedge Fund Activity: Q3 2022 in Review
164 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q3 2022, worth a combined $116M — down 3.7% from $120M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new GAB positions and 12 closed out — a net gain of 7 holders — while 54 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $745K. The largest seller was Cetera Investment Advisers, cutting an estimated $526K.
- 164 institutional investors held Gabelli Equity Trust (GAB) as of Q3 2022, up from 158 in Q2 2022.
- Funds reported $116M of Gabelli Equity Trust stock for Q3 2022, down 3.7% quarter-over-quarter.
- 19 funds opened new Gabelli Equity Trust positions in Q3 2022 and 12 closed out, a net change of +7 holders.
- The largest Gabelli Equity Trust buyer in Q3 2022 was Morgan Stanley, an estimated $745K added.
- The largest Gabelli Equity Trust seller in Q3 2022 was Cetera Investment Advisers, an estimated $526K sold.
Based on aggregated 13F filings for Q3 2022.