Gabelli Equity Trust
136 hedge funds and large institutions have $98.3M invested in Gabelli Equity Trust in 2020 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 11 closing their positions.
173% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 11
26% more capital invested
Capital invested by funds: $77.8M → $98.3M (+$20.5M)
15% more funds holding
Funds holding: 118 → 136 (+18)
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
0.16% more ownership
Funds ownership: 6.17% → 6.33% (+0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.32M |
| 2 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$1.9M |
| 3 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
+$695K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$542K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$5.34M |
| 2 |
Morgan Stanley
New York
|
-$1.22M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$494K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$327K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$204K |
GAB Hedge Fund Activity: Q4 2020 in Review
136 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q4 2020, worth a combined $98.3M — up 26% from $77.8M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new GAB positions and 11 closed out — a net gain of 19 holders — while 32 added to existing stakes and 29 trimmed.
The largest buyer was LPL Financial, adding an estimated $5.32M. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $5.34M sold.
- 136 institutional investors held Gabelli Equity Trust (GAB) as of Q4 2020, up from 118 in Q3 2020.
- Funds reported $98.3M of Gabelli Equity Trust stock for Q4 2020, up 26% quarter-over-quarter.
- 30 funds opened new Gabelli Equity Trust positions in Q4 2020 and 11 closed out, a net change of +19 holders.
- The largest Gabelli Equity Trust buyer in Q4 2020 was LPL Financial, an estimated $5.32M added.
- The largest Gabelli Equity Trust seller in Q4 2020 was J.W. Cole Advisors, an estimated $5.34M sold.
Based on aggregated 13F filings for Q4 2020.