Gabelli Equity Trust
179 hedge funds and large institutions have $118M invested in Gabelli Equity Trust in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 63 increasing their positions, 37 reducing their positions, and 29 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 37
0.24% less ownership
Funds ownership: 8.04% → 7.8% (-0.24%)
7% less funds holding
Funds holding: 192 → 179 (-13)
9% less capital invested
Capital invested by funds: $129M → $118M (-$11.1M)
24% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$1.55M |
| 2 |
Cerity Partners
New York
|
+$1.4M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.17M |
| 4 |
Morgan Stanley
New York
|
+$609K |
| 5 |
CL
Choreo LLC
Rockford,
Illinois
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$3.44M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.7M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$1.25M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$624K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$612K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
201
Quadrature Capital
London,
United Kingdom
| – | -$67.6K | -12,271 | Closed |
|
|
BCMLT
202
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
| – | -$61.5K | -11,138 | Closed |
|
|
CW
203
CreativeOne Wealth
Overland Park,
Kansas
| – | -$56K | -10,231 | Closed |
|
|
EWA
204
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$3.92K | -741 | Closed |
|
|
TAM
205
Tucker Asset Management
Littleton,
Colorado
| – | -$3.31K | -600 | Closed |
|
206
First Manhattan
New York
| – | -$2.88K | -521 | Closed |
|
|
AW
207
Avion Wealth
The Woodlands,
Texas
| – | -$2K | -283 | Closed |
|
|
TRCT
208
Tower Research Capital (TRC)
New York
| – | -$552 | -100 | Closed |
|
GAB Hedge Fund Activity: Q2 2024 in Review
179 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q2 2024, worth a combined $118M — down 8.6% from $129M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of GAB and 22 opened new positions — a net loss of 7 holders — while 37 trimmed existing stakes and 63 added.
The largest buyer was International Assets Investment Management, adding an estimated $1.55M. The largest seller was Landscape Capital Management, cutting an estimated $3.44M.
- 179 institutional investors held Gabelli Equity Trust (GAB) as of Q2 2024, down from 192 in Q1 2024.
- Funds reported $118M of Gabelli Equity Trust stock for Q2 2024, down 8.6% quarter-over-quarter.
- 22 funds opened new Gabelli Equity Trust positions in Q2 2024 and 29 closed out, a net change of -7 holders.
- The largest Gabelli Equity Trust buyer in Q2 2024 was International Assets Investment Management, an estimated $1.55M added.
- The largest Gabelli Equity Trust seller in Q2 2024 was Landscape Capital Management, an estimated $3.44M sold.
Based on aggregated 13F filings for Q2 2024.