Gabelli Equity Trust
187 hedge funds and large institutions have $126M invested in Gabelli Equity Trust in 2024 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 40 reducing their positions, and 11 closing their positions.
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
45% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 40
16% more capital inflows, than outflows
Capital inflows: $11.7M | Capital outflows: $10.1M
4% more funds holding
Funds holding: 179 → 187 (+8)
0.09% more ownership
Funds ownership: 7.8% → 7.89% (+0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
+$2.84M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.54M |
| 3 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
+$637K |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
+$532K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$351K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.85M |
| 2 |
Marks Group Wealth Management
Minnetonka,
Minnesota
|
-$1.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$577K |
| 4 |
Morgan Stanley
New York
|
-$572K |
| 5 |
Magnus Financial Group
New York
|
-$406K |
GAB Hedge Fund Activity: Q3 2024 in Review
187 of the 6,987 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q3 2024, worth a combined $126M — up 6.8% from $118M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GAB positions and 11 closed out — a net gain of 10 holders — while 58 added to existing stakes and 40 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $2.84M. The largest seller was Commonwealth Equity Services, cutting an estimated $4.85M.
- 187 institutional investors held Gabelli Equity Trust (GAB) as of Q3 2024, up from 179 in Q2 2024.
- Funds reported $126M of Gabelli Equity Trust stock for Q3 2024, up 6.8% quarter-over-quarter.
- 21 funds opened new Gabelli Equity Trust positions in Q3 2024 and 11 closed out, a net change of +10 holders.
- The largest Gabelli Equity Trust buyer in Q3 2024 was Shaker Financial Services, an estimated $2.84M added.
- The largest Gabelli Equity Trust seller in Q3 2024 was Commonwealth Equity Services, an estimated $4.85M sold.
Based on aggregated 13F filings for Q3 2024.