Gabelli Equity Trust
130 hedge funds and large institutions have $103M invested in Gabelli Equity Trust in 2021 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 15 closing their positions.
5% more capital invested
Capital invested by funds: $98.3M → $103M (+$5.05M)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
0.21% less ownership
Funds ownership: 6.33% → 6.12% (-0.21%)
4% less funds holding
Funds holding: 136 → 130 (-6)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.25M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.03M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$566K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$338K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.88M |
| 2 |
Cohen & Steers
New York
|
-$1.96M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$537K |
| 4 |
LWM
Laidlaw Wealth Management
New York City,
New York
|
-$353K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$344K |
GAB Hedge Fund Activity: Q1 2021 in Review
130 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q1 2021, worth a combined $103M — up 5.1% from $98.3M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of GAB and 13 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 36 added.
The largest buyer was Morgan Stanley, adding an estimated $1.25M. The largest seller was Bank of America, cutting an estimated $2.88M.
- 130 institutional investors held Gabelli Equity Trust (GAB) as of Q1 2021, down from 136 in Q4 2020.
- Funds reported $103M of Gabelli Equity Trust stock for Q1 2021, up 5.1% quarter-over-quarter.
- 13 funds opened new Gabelli Equity Trust positions in Q1 2021 and 15 closed out, a net change of -2 holders.
- The largest Gabelli Equity Trust buyer in Q1 2021 was Morgan Stanley, an estimated $1.25M added.
- The largest Gabelli Equity Trust seller in Q1 2021 was Bank of America, an estimated $2.88M sold.
Based on aggregated 13F filings for Q1 2021.