Gabelli Equity Trust
64 hedge funds and large institutions have $43.9M invested in Gabelli Equity Trust in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 5 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
8% more funds holding
Funds holding: 59 → 64 (+5)
0.04% less ownership
Funds ownership: 3.23% → 3.19% (-0.04%)
2% less capital invested
Capital invested by funds: $44.7M → $43.9M (-$781K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$3.75M |
| 2 |
IH
IFC Holdings
Tampa,
Florida
|
+$1.45M |
| 3 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$1.3M |
| 4 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$792K |
| 5 |
LPL Financial
San Diego,
California
|
+$647K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$3.36M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.83M |
| 3 |
SG Americas Securities
New York
|
-$1.47M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.17M |
| 5 |
Jane Street
New York
|
-$808K |
GAB Hedge Fund Activity: Q1 2014 in Review
64 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q1 2014, worth a combined $43.9M — down 1.7% from $44.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GAB positions and 5 closed out — a net gain of 5 holders — while 25 added to existing stakes and 12 trimmed.
The largest buyer was UBS, adding an estimated $3.75M. The largest seller was Cohen & Steers, exiting entirely with an estimated $3.36M sold.
- 64 institutional investors held Gabelli Equity Trust (GAB) as of Q1 2014, up from 59 in Q4 2013.
- Funds reported $43.9M of Gabelli Equity Trust stock for Q1 2014, down 1.7% quarter-over-quarter.
- 10 funds opened new Gabelli Equity Trust positions in Q1 2014 and 5 closed out, a net change of +5 holders.
- The largest Gabelli Equity Trust buyer in Q1 2014 was UBS, an estimated $3.75M added.
- The largest Gabelli Equity Trust seller in Q1 2014 was Cohen & Steers, an estimated $3.36M sold.
Based on aggregated 13F filings for Q1 2014.