Gabelli Equity Trust
188 hedge funds and large institutions have $113M invested in Gabelli Equity Trust in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 56 increasing their positions, 35 reducing their positions, and 13 closing their positions.
177% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 13
96% more capital inflows, than outflows
Capital inflows: $15M | Capital outflows: $7.65M
60% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 35
13% more funds holding
Funds holding: 166 → 188 (+22)
0.5% more ownership
Funds ownership: 7.14% → 7.64% (+0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
+$2.41M |
| 2 |
Landscape Capital Management
Englewood,
New Jersey
|
+$2.15M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.02M |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
+$1.04M |
| 5 |
LPL Financial
San Diego,
California
|
+$799K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.07M |
| 2 |
JP Morgan Chase
New York
|
-$735K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$662K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$618K |
| 5 |
Cetera Advisor Networks
El Segundo,
California
|
-$566K |
GAB Hedge Fund Activity: Q4 2023 in Review
188 of the 6,878 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q4 2023, worth a combined $113M — up 6% from $107M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new GAB positions and 13 closed out — a net gain of 23 holders — while 56 added to existing stakes and 35 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $2.41M. The largest seller was Bank of America, cutting an estimated $2.07M.
- 188 institutional investors held Gabelli Equity Trust (GAB) as of Q4 2023, up from 166 in Q3 2023.
- Funds reported $113M of Gabelli Equity Trust stock for Q4 2023, up 6% quarter-over-quarter.
- 36 funds opened new Gabelli Equity Trust positions in Q4 2023 and 13 closed out, a net change of +23 holders.
- The largest Gabelli Equity Trust buyer in Q4 2023 was Shaker Financial Services, an estimated $2.41M added.
- The largest Gabelli Equity Trust seller in Q4 2023 was Bank of America, an estimated $2.07M sold.
Based on aggregated 13F filings for Q4 2023.