Gabelli Equity Trust
192 hedge funds and large institutions have $129M invested in Gabelli Equity Trust in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 60 increasing their positions, 44 reducing their positions, and 21 closing their positions.
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
36% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 44
2% more funds holding
Funds holding: 188 → 192 (+4)
4% more capital invested
Capital invested by funds: $124M → $129M (+$5.44M)
0.32% less ownership
Funds ownership: 8.36% → 8.04% (-0.32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.49M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.2M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.48M |
| 4 |
Cohen & Steers
New York
|
+$1.27M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$686K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.3M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$696K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$553K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$405K |
GAB Hedge Fund Activity: Q1 2024 in Review
192 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q1 2024, worth a combined $129M — up 4.4% from $124M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new GAB positions and 21 closed out — a net gain of 8 holders — while 60 added to existing stakes and 44 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $2.49M. The largest seller was Morgan Stanley, cutting an estimated $10M.
- 192 institutional investors held Gabelli Equity Trust (GAB) as of Q1 2024, up from 188 in Q4 2023.
- Funds reported $129M of Gabelli Equity Trust stock for Q1 2024, up 4.4% quarter-over-quarter.
- 29 funds opened new Gabelli Equity Trust positions in Q1 2024 and 21 closed out, a net change of +8 holders.
- The largest Gabelli Equity Trust buyer in Q1 2024 was Commonwealth Equity Services, an estimated $2.49M added.
- The largest Gabelli Equity Trust seller in Q1 2024 was Morgan Stanley, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2024.