Gabelli Equity Trust
122 hedge funds and large institutions have $97.8M invested in Gabelli Equity Trust in 2019 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 22 reducing their positions, and 16 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 22
24% more capital inflows, than outflows
Capital inflows: $9.5M | Capital outflows: $7.66M
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
0.11% more ownership
Funds ownership: 6.13% → 6.24% (+0.11%)
0% more funds holding
Funds holding: 122 → 122 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiedemann Advisors
New York
|
+$1.45M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.16M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.06M |
| 4 |
LPL Financial
San Diego,
California
|
+$631K |
| 5 |
ETrade Capital Management
Arlington,
Virginia
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$2.49M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$1.02M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$857K |
| 4 |
Isthmus Partners
Madison,
Wisconsin
|
-$798K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$477K |
GAB Hedge Fund Activity: Q2 2019 in Review
122 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q2 2019, worth a combined $97.8M — up 2.3% from $95.5M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GAB positions and 16 closed out — a net gain of 2 holders — while 41 added to existing stakes and 22 trimmed.
The largest buyer was Tiedemann Advisors, adding an estimated $1.45M. The largest seller was Cohen & Steers, cutting an estimated $2.49M.
- 122 institutional investors held Gabelli Equity Trust (GAB) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $97.8M of Gabelli Equity Trust stock for Q2 2019, up 2.3% quarter-over-quarter.
- 18 funds opened new Gabelli Equity Trust positions in Q2 2019 and 16 closed out, a net change of +2 holders.
- The largest Gabelli Equity Trust buyer in Q2 2019 was Tiedemann Advisors, an estimated $1.45M added.
- The largest Gabelli Equity Trust seller in Q2 2019 was Cohen & Steers, an estimated $2.49M sold.
Based on aggregated 13F filings for Q2 2019.