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Gabelli Equity Trust
GAB

192 hedge funds and large institutions have $129M invested in Gabelli Equity Trust in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 44 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 21

36% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 44

2% more funds holding

Funds holding: 188 → 192 (+4)

4% more capital invested

Capital invested by funds: $124M → $129M (+$5.44M)

0.32% less ownership

Funds ownership: 8.36% → 8.04% (-0.32%)

Holders
192
Holders Change
+4
Holders Change %
+2.13%
% of All Funds
2.77%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
29
Increased
60
Reduced
44
Closed
21
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$2.49M
2
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$2.2M
3
LCM
Landscape Capital Management
New Jersey
+$1.48M
4
Cohen & Steers
Cohen & Steers
New York
+$1.27M
5
AAM
Advisors Asset Management
Colorado
+$686K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$10M
2
Bank of America
Bank of America
North Carolina
-$2.3M
3
WAM
Wolverine Asset Management
Illinois
-$696K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$553K
5
Creative Planning
Creative Planning
Kansas
-$405K
Name Holding Trade Value Shares
Change 		Change in
Stake
SWA
176
SOA Wealth Advisors
New York
$6.62K – – –
MRCM
177
M&R Capital Management
New Jersey
$5.88K – – –
SWM
178
Spire Wealth Management
Virginia
$5.52K – – –
CB
179
Community Bank
New York
$5.51K – – –
CA
180
Continuum Advisory
Idaho
$5.14K +$4.96K +938 New
Fidelity Investments
181
Fidelity Investments
Massachusetts
$4.92K +$4.72K +891 +89,100%
TJHA
182
Thomas J. Herzfeld Advisors
Florida
$4.8K – – –
FDCDDQ
183
Federation des caisses Desjardins du Quebec
Quebec, Canada
$4.08K – – –
EWA
184
EverSource Wealth Advisors
Alabama
$3.92K – – –
TAM
185
Tucker Asset Management
Colorado
$3.31K – – –
First Manhattan
186
First Manhattan
New York
$2.88K – – –
AW
187
Avion Wealth
Texas
$2K – – –
HBW
188
Hazlett, Burt & Watson
West Virginia
$2K – – –
PWMG
189
Prestige Wealth Management Group
New Jersey
$1.89K – – –
KFI
190
Key Financial Inc
Pennsylvania
$1.1K – – –
TRCT
191
Tower Research Capital (TRC)
New York
$552 +$402 +76 +317%
FFA
192
Frazier Financial Advisors
Ohio
$448 -$683 -129 -61%
MG
193
Marex Group
– -$277K -54,575 Closed
AWM
194
Arista Wealth Management
Nevada
– -$239K -47,128 Closed
SVWAG
195
Sound View Wealth Advisors Group
Georgia
– -$178K -35,000 Closed
PA
196
Pinnacle Associates
New York
– -$146K -28,642 Closed
Nomura Holdings
197
Nomura Holdings
Japan
– -$142K -27,900 Closed
LNWTC
198
Laird Norton Wetherby Trust Company
Washington
– -$109K -21,533 Closed
Jane Street
199
Jane Street
New York
– -$89.3K -17,573 Closed
AWM
200
AE Wealth Management
Kansas
– -$85.4K -16,708 Closed
5 6 7
8
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GAB Hedge Fund Activity: Q1 2024 in Review

192 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q1 2024, worth a combined $129M — up 4.4% from $124M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new GAB positions and 21 closed out — a net gain of 8 holders — while 60 added to existing stakes and 44 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $2.49M. The largest seller was Morgan Stanley, cutting an estimated $10M.

  • 192 institutional investors held Gabelli Equity Trust (GAB) as of Q1 2024, up from 188 in Q4 2023.
  • Funds reported $129M of Gabelli Equity Trust stock for Q1 2024, up 4.4% quarter-over-quarter.
  • 29 funds opened new Gabelli Equity Trust positions in Q1 2024 and 21 closed out, a net change of +8 holders.
  • The largest Gabelli Equity Trust buyer in Q1 2024 was Commonwealth Equity Services, an estimated $2.49M added.
  • The largest Gabelli Equity Trust seller in Q1 2024 was Morgan Stanley, an estimated $10M sold.

Based on aggregated 13F filings for Q1 2024.