Gabelli Equity Trust
118 hedge funds and large institutions have $77.8M invested in Gabelli Equity Trust in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 14 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 23
8% more capital invested
Capital invested by funds: $72M → $77.8M (+$5.86M)
0.39% more ownership
Funds ownership: 5.78% → 6.17% (+0.39%)
0% more funds holding
Funds holding: 118 → 118 (0)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$5.49M |
| 2 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
+$620K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$383K |
| 4 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$290K |
| 5 |
CWM
Connecticut Wealth Management
Farmington,
Connecticut
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$937K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$733K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$350K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$318K |
| 5 |
NWP
Northstar Wealth Partners
West Hartford,
Connecticut
|
-$244K |
GAB Hedge Fund Activity: Q3 2020 in Review
118 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q3 2020, worth a combined $77.8M — up 8.1% from $72M a quarter earlier.
Fund positioning in GAB was balanced in Q3 2020: 14 funds opened new positions, 14 closed out, 31 added to existing stakes and 23 trimmed.
The largest buyer was J.W. Cole Advisors, opening a new position worth an estimated $5.49M. The largest seller was Sheaff Brock Investment Advisors, cutting an estimated $937K.
- 118 institutional investors held Gabelli Equity Trust (GAB) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $77.8M of Gabelli Equity Trust stock for Q3 2020, up 8.1% quarter-over-quarter.
- 14 funds opened new Gabelli Equity Trust positions in Q3 2020 and 14 closed out, a net change of 0 holders.
- The largest Gabelli Equity Trust buyer in Q3 2020 was J.W. Cole Advisors, an estimated $5.49M added.
- The largest Gabelli Equity Trust seller in Q3 2020 was Sheaff Brock Investment Advisors, an estimated $937K sold.
Based on aggregated 13F filings for Q3 2020.