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Gabelli Equity Trust

170 hedge funds and large institutions have $145M invested in Gabelli Equity Trust in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 35

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

1% less funds holding

Funds holding: 171170 (-1)

0.64% less ownership

Funds ownership: 7.8%7.17% (-0.64%)

1% less capital invested

Capital invested by funds: $147M → $145M (-$1.4M)

Holders
170
Holders Change
-1
Holders Change %
-0.58%
% of All Funds
2.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
47
Reduced
35
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$16.2M +$803K +115,028 +5%
LPL Financial
2
LPL Financial
California
$13.5M +$67.8K +9,717 +0.5%
Bank of America
3
Bank of America
North Carolina
$12.5M +$1.93M +276,858 +18%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$10.6M +$716K +102,555 +7%
PTC
5
Philadelphia Trust Company
Pennsylvania
$7.51M +$164K +23,500 +2%
Wells Fargo
6
Wells Fargo
California
$6.35M +$17K +2,434 +0.3%
GI
7
GAMCO Investors
Connecticut
$6M
IAIM
8
International Assets Investment Management
Florida
$5.11M +$5.13M +734,717 New
BWM
9
BerganKDV Wealth Management
Minnesota
$4.31M
Cohen & Steers
10
Cohen & Steers
New York
$3.68M -$3.9M -558,156 -51%
LOPW
11
Live Oak Private Wealth
North Carolina
$3.56M
GSWM
12
Golden State Wealth Management
California
$3.56M +$119K +16,995 +3%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.39M +$49.6K +7,103 +1%
CAN
14
Cetera Advisor Networks
California
$2.59M +$379K +54,351 +17%
MGWM
15
Marks Group Wealth Management
Minnesota
$2.44M
Ameriprise
16
Ameriprise
Minnesota
$2.33M -$12.8K -1,831 -0.5%
UBS Group
17
UBS Group
Switzerland
$2.3M -$18.1K -2,597 -0.8%
AWM
18
Accel Wealth Management
Iowa
$2.16M +$124K +17,801 +6%
Osaic Holdings
19
Osaic Holdings
Arizona
$1.99M -$221K -31,714 -10%
SC
20
Scotia Capital
Ontario, Canada
$1.74M +$97.9K +14,025 +6%
RJFSA
21
Raymond James Financial Services Advisors
Florida
$1.69M +$134K +19,154 +9%
RJA
22
Raymond James & Associates
Florida
$1.56M +$47.4K +6,793 +3%
AWS
23
Atria Wealth Solutions
New York
$1.48M +$1.49M +213,912 New
AAM
24
Advisors Asset Management
Colorado
$1.41M +$61K +8,736 +5%
Rockefeller Capital Management
25
Rockefeller Capital Management
New York
$1.36M +$69.8K +10,000 +5%

GAB Hedge Fund Activity: Q1 2022 in Review

170 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q1 2022, worth a combined $145M — down 0.96% from $147M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new GAB positions and 16 closed out — a net gain of 3 holders — while 47 added to existing stakes and 35 trimmed.

The largest buyer was International Assets Investment Management, opening a new position worth an estimated $5.13M. The largest seller was Cohen & Steers, cutting an estimated $3.9M.

  • 170 institutional investors held Gabelli Equity Trust (GAB) as of Q1 2022, down from 171 in Q4 2021.
  • Funds reported $145M of Gabelli Equity Trust stock for Q1 2022, down 0.96% quarter-over-quarter.
  • 19 funds opened new Gabelli Equity Trust positions in Q1 2022 and 16 closed out, a net change of +3 holders.
  • The largest Gabelli Equity Trust buyer in Q1 2022 was International Assets Investment Management, an estimated $5.13M added.
  • The largest Gabelli Equity Trust seller in Q1 2022 was Cohen & Steers, an estimated $3.9M sold.

Based on aggregated 13F filings for Q1 2022.