Gabelli Equity Trust
63 hedge funds and large institutions have $144M invested in Gabelli Equity Trust in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 7 closing their positions.
228% more capital invested
Capital invested by funds: $43.9M → $144M (+$100M)
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
0.57% more ownership
Funds ownership: 3.19% → 3.75% (+0.57%)
2% less funds holding
Funds holding: 64 → 63 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.55M |
| 2 |
Morgan Stanley
New York
|
-$499K |
| 3 |
HTC
Haverford Trust Company
Radnor,
Pennsylvania
|
-$190K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
-$173K |
| 5 |
Jane Street
New York
|
-$159K |
GAB Hedge Fund Activity: Q2 2014 in Review
63 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q2 2014, worth a combined $144M — up 228% from $43.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GAB and 6 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 21 added.
The largest buyer was UBS, adding an estimated $7.9M. The largest seller was Invesco, cutting an estimated $1.55M.
- 63 institutional investors held Gabelli Equity Trust (GAB) as of Q2 2014, down from 64 in Q1 2014.
- Funds reported $144M of Gabelli Equity Trust stock for Q2 2014, up 228% quarter-over-quarter.
- 6 funds opened new Gabelli Equity Trust positions in Q2 2014 and 7 closed out, a net change of -1 holder.
- The largest Gabelli Equity Trust buyer in Q2 2014 was UBS, an estimated $7.9M added.
- The largest Gabelli Equity Trust seller in Q2 2014 was Invesco, an estimated $1.55M sold.
Based on aggregated 13F filings for Q2 2014.