Gabelli Equity Trust
64 hedge funds and large institutions have $51.2M invested in Gabelli Equity Trust in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 7 closing their positions.
259% more capital inflows, than outflows
Capital inflows: $11.6M | Capital outflows: $3.25M
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
0.54% more ownership
Funds ownership: 3.02% → 3.56% (+0.54%)
0% more funds holding
Funds holding: 64 → 64 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS
Zurich,
Switzerland
|
+$7.9M |
| 2 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$1.21M |
| 3 |
LPL Financial
San Diego,
California
|
+$946K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$270K |
| 5 |
First Allied Advisory Services
San Diego,
California
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.55M |
| 2 |
Morgan Stanley
New York
|
-$499K |
| 3 |
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
64 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q2 2014, worth a combined $51.2M — up 17% from $43.9M a quarter earlier.
Fund positioning in GAB was balanced in Q2 2014: 7 funds opened new positions, 7 closed out, 21 added to existing stakes and 15 trimmed.
The largest buyer was UBS, adding an estimated $7.9M. The largest seller was Invesco, cutting an estimated $1.55M.
- 64 institutional investors held Gabelli Equity Trust (GAB) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $51.2M of Gabelli Equity Trust stock for Q2 2014, up 17% quarter-over-quarter.
- 7 funds opened new Gabelli Equity Trust positions in Q2 2014 and 7 closed out, a net change of 0 holders.
- 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.