Gabelli Convertible and Income Securities Fund
26 hedge funds and large institutions have $24.9M invested in Gabelli Convertible and Income Securities Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
16% more capital invested
Capital invested by funds: $21.5M → $24.9M (+$3.35M)
0.18% more ownership
Funds ownership: 25.63% → 25.81% (+0.18%)
4% less funds holding
Funds holding: 27 → 26 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$216K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$113K |
| 3 |
Morgan Stanley
New York
|
+$89.7K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$43.9K |
| 5 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$93.2K |
| 2 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$80.4K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$56K |
| 4 |
EH
Equitable Holdings
New York
|
-$48.7K |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$39K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Rockefeller Capital Management
New York
| $5K | +$4.88K | +1,000 | New |
|
|
LCM
27
Landscape Capital Management
Englewood,
New Jersey
| – | -$56K | -12,527 | Closed |
|
|
CAN
28
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$39K | -8,750 | Closed |
|
|
WT
29
Washington Trust
Westerly,
Rhode Island
| – | -$9K | -2,000 | Closed |
|
GCV Hedge Fund Activity: Q2 2020 in Review
26 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q2 2020, worth a combined $24.9M — up 16% from $21.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GCV and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 9 added.
The largest buyer was Osaic Holdings, adding an estimated $216K. The largest seller was Advisors Asset Management, cutting an estimated $93.2K.
- 26 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q2 2020, down from 27 in Q1 2020.
- Funds reported $24.9M of Gabelli Convertible and Income Securities Fund stock for Q2 2020, up 16% quarter-over-quarter.
- 3 funds opened new Gabelli Convertible and Income Securities Fund positions in Q2 2020 and 4 closed out, a net change of -1 holder.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q2 2020 was Osaic Holdings, an estimated $216K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q2 2020 was Advisors Asset Management, an estimated $93.2K sold.
Based on aggregated 13F filings for Q2 2020.