Gabelli Equity Trust
72 hedge funds and large institutions have $99.4M invested in Gabelli Equity Trust in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
1.44% more ownership
Funds ownership: 7.5% → 8.94% (+1.4%)
1% more funds holding
Funds holding: 71 → 72 (+1)
0% less capital invested
Capital invested by funds: $99.8M → $99.4M (-$452K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$18.9M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.39M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$684K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$579K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.15M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$934K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$862K |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$527K |
| 5 |
LPL Financial
San Diego,
California
|
-$473K |
GAB Hedge Fund Activity: Q3 2015 in Review
72 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q3 2015, worth a combined $99.4M — down 0.45% from $99.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GAB positions and 4 closed out — a net gain of 1 holder — while 27 added to existing stakes and 22 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $18.9M. The largest seller was Morgan Stanley, cutting an estimated $2.15M.
- 72 institutional investors held Gabelli Equity Trust (GAB) as of Q3 2015, up from 71 in Q2 2015.
- Funds reported $99.4M of Gabelli Equity Trust stock for Q3 2015, down 0.45% quarter-over-quarter.
- 5 funds opened new Gabelli Equity Trust positions in Q3 2015 and 4 closed out, a net change of +1 holder.
- The largest Gabelli Equity Trust buyer in Q3 2015 was Karpus Investment Management, an estimated $18.9M added.
- The largest Gabelli Equity Trust seller in Q3 2015 was Morgan Stanley, an estimated $2.15M sold.
Based on aggregated 13F filings for Q3 2015.