Gabelli Equity Trust
84 hedge funds and large institutions have $105M invested in Gabelli Equity Trust in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 27 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
11% more capital invested
Capital invested by funds: $94.5M → $105M (+$10.8M)
7% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 27
0.87% more ownership
Funds ownership: 7.84% → 8.71% (+0.87%)
0% more funds holding
Funds holding: 84 → 84 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$4.34M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.3M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.84M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.34M |
| 5 |
Cohen & Steers
New York
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$3.48M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.59M |
| 3 |
SG Americas Securities
New York
|
-$1.47M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.17M |
| 5 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$464K |
GAB Hedge Fund Activity: Q1 2015 in Review
84 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q1 2015, worth a combined $105M — up 11% from $94.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GAB positions and 9 closed out — a net gain of 2 holders — while 29 added to existing stakes and 27 trimmed.
The largest buyer was Clough Capital Partners, adding an estimated $4.34M. The largest seller was Index Management Solutions, exiting entirely with an estimated $3.48M sold.
- 84 institutional investors held Gabelli Equity Trust (GAB) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $105M of Gabelli Equity Trust stock for Q1 2015, up 11% quarter-over-quarter.
- 11 funds opened new Gabelli Equity Trust positions in Q1 2015 and 9 closed out, a net change of +2 holders.
- The largest Gabelli Equity Trust buyer in Q1 2015 was Clough Capital Partners, an estimated $4.34M added.
- The largest Gabelli Equity Trust seller in Q1 2015 was Index Management Solutions, an estimated $3.48M sold.
Based on aggregated 13F filings for Q1 2015.