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Gabelli Equity Trust

179 hedge funds and large institutions have $118M invested in Gabelli Equity Trust in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 63 increasing their positions, 37 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 37

0.24% less ownership

Funds ownership: 8.04%7.8% (-0.24%)

7% less funds holding

Funds holding: 192179 (-13)

9% less capital invested

Capital invested by funds: $129M → $118M (-$11.1M)

24% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 29

Holders
179
Holders Change
-13
Holders Change %
-6.77%
% of All Funds
2.59%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
22
Increased
63
Reduced
37
Closed
29
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
1
Commonwealth Equity Services
Massachusetts
$14.5M +$1.17M +216,440 +8%
Morgan Stanley
2
Morgan Stanley
New York
$12.7M +$609K +113,020 +5%
LPL Financial
3
LPL Financial
California
$11.8M +$88.5K +16,433 +0.7%
PTC
4
Philadelphia Trust Company
Pennsylvania
$6.13M -$114K -21,160 -2%
Cohen & Steers
5
Cohen & Steers
New York
$5.95M
GI
6
GAMCO Investors
Connecticut
$4.4M
Bank of America
7
Bank of America
North Carolina
$4.15M +$78.5K +14,575 +2%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$2.95M +$259K +48,035 +9%
LOPW
9
Live Oak Private Wealth
North Carolina
$2.67M
Cetera Investment Advisers
10
Cetera Investment Advisers
Illinois
$2.52M +$188K +34,868 +8%
SC
11
Scotia Capital
Ontario, Canada
$2.49M +$135K +25,120 +6%
MGWM
12
Marks Group Wealth Management
Minnesota
$2.47M +$53.1K +9,855 +2%
Creative Planning
13
Creative Planning
Kansas
$2.38M -$1.75K -325 -0.1%
Wells Fargo
14
Wells Fargo
California
$2.2M -$26.8K -4,979 -1%
IAIM
15
International Assets Investment Management
Florida
$2.11M +$1.55M +288,400 +245%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$1.72M +$40.2K +7,462 +2%
UBS Group
17
UBS Group
Switzerland
$1.7M -$494K -91,631 -22%
AWM
18
Accel Wealth Management
Iowa
$1.67M +$137K +25,443 +9%
IFG
19
Independent Financial Group
California
$1.43M +$247K +45,876 +20%
Cerity Partners
20
Cerity Partners
New York
$1.35M +$1.4M +260,022 New
Rockefeller Capital Management
21
Rockefeller Capital Management
New York
$1.1M -$4.64K -862 -0.4%
RJA
22
Raymond James & Associates
Florida
$1.07M +$3.76K +697 +0.3%
AAM
23
Advisors Asset Management
Colorado
$1.04M +$382K +70,895 +55%
PAG
24
Private Advisor Group
New Jersey
$918K -$103K -19,195 -10%
SPIA
25
Steward Partners Investment Advisory
New York
$869K +$140K +25,900 +18%

GAB Hedge Fund Activity: Q2 2024 in Review

179 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q2 2024, worth a combined $118M — down 8.6% from $129M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of GAB and 22 opened new positions — a net loss of 7 holders — while 37 trimmed existing stakes and 63 added.

The largest buyer was International Assets Investment Management, adding an estimated $1.55M. The largest seller was Landscape Capital Management, cutting an estimated $3.44M.

  • 179 institutional investors held Gabelli Equity Trust (GAB) as of Q2 2024, down from 192 in Q1 2024.
  • Funds reported $118M of Gabelli Equity Trust stock for Q2 2024, down 8.6% quarter-over-quarter.
  • 22 funds opened new Gabelli Equity Trust positions in Q2 2024 and 29 closed out, a net change of -7 holders.
  • The largest Gabelli Equity Trust buyer in Q2 2024 was International Assets Investment Management, an estimated $1.55M added.
  • The largest Gabelli Equity Trust seller in Q2 2024 was Landscape Capital Management, an estimated $3.44M sold.

Based on aggregated 13F filings for Q2 2024.