Gabelli Equity Trust
186 hedge funds and large institutions have $124M invested in Gabelli Equity Trust in 2024 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 39 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
49% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 39
4% more funds holding
Funds holding: 179 → 186 (+7)
5% more capital invested
Capital invested by funds: $118M → $124M (+$5.6M)
0.7% more ownership
Funds ownership: 7.8% → 8.5% (+0.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$10.2M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.84M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.54M |
| 4 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
+$637K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$532K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.85M |
| 2 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
-$1.24M |
| 3 |
GSEP
Golden State Equity Partners
South Coast Metro,
California
|
-$579K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$577K |
| 5 |
Morgan Stanley
New York
|
-$572K |
GAB Hedge Fund Activity: Q3 2024 in Review
186 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q3 2024, worth a combined $124M — up 4.7% from $118M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GAB positions and 12 closed out — a net gain of 9 holders — while 58 added to existing stakes and 39 trimmed.
The largest buyer was International Assets Investment Management, adding an estimated $10.2M. The largest seller was Commonwealth Equity Services, cutting an estimated $4.85M.
- 186 institutional investors held Gabelli Equity Trust (GAB) as of Q3 2024, up from 179 in Q2 2024.
- Funds reported $124M of Gabelli Equity Trust stock for Q3 2024, up 4.7% quarter-over-quarter.
- 21 funds opened new Gabelli Equity Trust positions in Q3 2024 and 12 closed out, a net change of +9 holders.
- The largest Gabelli Equity Trust buyer in Q3 2024 was International Assets Investment Management, an estimated $10.2M 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.