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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 6 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

23% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 22

3% more funds holding

Funds holding: 7072 (+2)

1.45% more ownership

Funds ownership: 7.49%8.94% (+1.4%)

0% less capital invested

Capital invested by funds: $99.8M → $99.4M (-$386K)

Holders
72
Holders Change
+2
Holders Change %
+2.86%
% of All Funds
2.01%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
27
Reduced
22
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$32.7M +$18.9M +3,317,100 +105%
Cohen & Steers
2
Cohen & Steers
New York
$8.65M +$193K +34,050 +2%
FAAS
3
First Allied Advisory Services
California
$6.9M +$431K +75,761 +6%
GI
4
GAMCO Investors
Connecticut
$3.75M
CCP
5
Clough Capital Partners
Massachusetts
$3.46M +$1.39M +244,803 +56%
Invesco
6
Invesco
Georgia
$3.27M +$305K +53,588 +9%
IH
7
IFC Holdings
Florida
$2.95M -$28.1K -4,950 -0.9%
SFS
8
Shaker Financial Services
Virginia
$2.9M +$579K +101,944 +22%
CA
9
Cornerstone Advisors
North Carolina
$2.89M -$862K -151,692 -21%
LPL Financial
10
LPL Financial
California
$2.78M -$473K -83,233 -14%
COLIM
11
City of London Investment Management
United Kingdom
$2.45M +$192K +33,703 +8%
YCM
12
Yakira Capital Management
Connecticut
$2.43M -$527K -92,806 -16%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$2.23M -$195K -34,251 -7%
Morgan Stanley
14
Morgan Stanley
New York
$2.07M -$2.15M -378,826 -48%
JWM
15
Jacobus Wealth Management
Wisconsin
$1.88M -$43.3K -7,620 -2%
Wells Fargo
16
Wells Fargo
California
$1.69M -$298K -52,413 -14%
HCM
17
Hollencrest Capital Management
California
$1.46M -$35.4K -6,229 -2%
AAM
18
Advisors Asset Management
Colorado
$1.31M -$26K -4,571 -2%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$1.2M +$399K +70,147 +42%
GC
20
Guggenheim Capital
Illinois
$1.09M +$122K +21,511 +11%
Bank of America
21
Bank of America
North Carolina
$939K -$451K -79,374 -30%
JMPWA
22
JP Morgan Private Wealth Advisors
California
$914K +$177K +31,073 +21%
UBS Group
23
UBS Group
Switzerland
$794K +$152K +26,810 +21%
RJA
24
Raymond James & Associates
Florida
$691K -$934K -164,441 -55%
AIG
25
American International Group
New York
$651K +$63.4K +11,162 +10%

GAB Hedge Fund Activity: Q3 2015 in Review

72 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q3 2015, worth a combined $99.4M — down 0.39% from $99.8M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new GAB positions and 4 closed out — a net gain of 2 holders — 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 70 in Q2 2015.
  • Funds reported $99.4M of Gabelli Equity Trust stock for Q3 2015, down 0.39% quarter-over-quarter.
  • 6 funds opened new Gabelli Equity Trust positions in Q3 2015 and 4 closed out, a net change of +2 holders.
  • 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.