Gabelli Equity Trust
224 hedge funds and large institutions have $278M invested in Gabelli Equity Trust in 2026 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 87 increasing their positions, 41 reducing their positions, and 24 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
112% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 41
92% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 24
80% more capital invested
Capital invested by funds: $154M → $278M (+$124M)
9% more funds holding
Funds holding: 205 → 224 (+19)
6.92% more ownership
Funds ownership: 8.86% → 15.78% (+6.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$37M |
| 2 |
UFM
Ursa Fund Management
Danville,
California
|
+$29M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$11.6M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$11M |
| 5 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$8.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$2.27M |
| 2 |
PTC
Philadelphia Trust Company
Philadelphia,
Pennsylvania
|
-$2.06M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.97M |
| 4 |
AGM
Alpine Global Management
New York
|
-$1.79M |
| 5 |
CCC
Cable Car Capital
San Francisco,
California
|
-$1.12M |
GAB Hedge Fund Activity: Q2 2026 in Review
224 of the 8,287 institutional investors tracked by Wall St. Rank reported a position in Gabelli Equity Trust (GAB) for Q2 2026, worth a combined $278M — up 80% from $154M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new GAB positions and 24 closed out — a net gain of 22 holders — while 87 added to existing stakes and 41 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $37M. The largest seller was Independent Advisor Alliance, exiting entirely with an estimated $2.27M sold.
- 224 institutional investors held Gabelli Equity Trust (GAB) as of Q2 2026, up from 205 in Q1 2026.
- Funds reported $278M of Gabelli Equity Trust stock for Q2 2026, up 80% quarter-over-quarter.
- 46 funds opened new Gabelli Equity Trust positions in Q2 2026 and 24 closed out, a net change of +22 holders.
- The largest Gabelli Equity Trust buyer in Q2 2026 was Rivernorth Capital Management, an estimated $37M added.
- The largest Gabelli Equity Trust seller in Q2 2026 was Independent Advisor Alliance, an estimated $2.27M sold.
Based on aggregated 13F filings for Q2 2026.