Gabelli Equity Trust
158 hedge funds and large institutions have $126M invested in Gabelli Equity Trust in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 50 increasing their positions, 37 reducing their positions, and 19 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 37
0.11% less ownership
Funds ownership: 7.17% → 7.06% (-0.11%)
7% less funds holding
Funds holding: 170 → 158 (-12)
13% less capital invested
Capital invested by funds: $145M → $126M (-$19.6M)
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.27M |
| 2 |
Morgan Stanley
New York
|
+$1.64M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.32M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$766K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
+$394K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.69M |
| 2 |
Cohen & Steers
New York
|
-$1M |
| 3 |
AWS
Atria Wealth Solutions
New York
|
-$630K |
| 4 |
SLWA
San Luis Wealth Advisors
San Luis Obispo,
California
|
-$372K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$310K |
GAB Hedge Fund Activity: Q2 2022 in Review
158 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q2 2022, worth a combined $126M — down 13% from $145M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of GAB and 9 opened new positions — a net loss of 10 holders — while 37 trimmed existing stakes and 50 added.
The largest buyer was Bank of America, adding an estimated $2.27M. The largest seller was Ameriprise, cutting an estimated $1.69M.
- 158 institutional investors held Gabelli Equity Trust (GAB) as of Q2 2022, down from 170 in Q1 2022.
- Funds reported $126M of Gabelli Equity Trust stock for Q2 2022, down 13% quarter-over-quarter.
- 9 funds opened new Gabelli Equity Trust positions in Q2 2022 and 19 closed out, a net change of -10 holders.
- The largest Gabelli Equity Trust buyer in Q2 2022 was Bank of America, an estimated $2.27M added.
- The largest Gabelli Equity Trust seller in Q2 2022 was Ameriprise, an estimated $1.69M sold.
Based on aggregated 13F filings for Q2 2022.