Gabelli Convertible and Income Securities Fund
28 hedge funds and large institutions have $27.5M invested in Gabelli Convertible and Income Securities Fund in 2021 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 8 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
0% less capital invested
Capital invested by funds: $27.6M → $27.5M (-$72K)
1.88% less ownership
Funds ownership: 24.08% → 22.2% (-1.9%)
18% less funds holding
Funds holding: 34 → 28 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$999K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$128K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$118K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$89.5K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$62.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.84M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$869K |
| 3 |
LPL Financial
San Diego,
California
|
-$441K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$153K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$129K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $10K | – | – | – |
|
|
AA
27
Addison Advisors
Middlebury,
Vermont
| $6K | +$6.04K | +944 | New |
|
|
GWSG
28
GPS Wealth Strategies Group
Centennial,
Colorado
| $4K | +$4.27K | +667 | New |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$869K | -142,818 | Closed |
|
|
30
LPL Financial
San Diego,
California
| – | -$441K | -72,443 | Closed |
|
|
LCM
31
Landscape Capital Management
Englewood,
New Jersey
| – | -$153K | -25,124 | Closed |
|
|
IFG
32
Independent Financial Group
San Diego,
California
| – | -$129K | -21,165 | Closed |
|
|
MIG
33
Mariner Investment Group
Harrison,
New York
| – | -$65K | -10,603 | Closed |
|
|
FIA
34
FNY Investment Advisers
New York
| – | -$22K | -3,616 | Closed |
|
|
SMG
35
Spectrum Management Group
Indianapolis,
Indiana
| – | -$20K | -3,245 | Closed |
|
GCV Hedge Fund Activity: Q2 2021 in Review
28 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q2 2021, worth a combined $27.5M — down 0.26% from $27.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GCV and 2 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $999K. The largest seller was Advisors Asset Management, cutting an estimated $1.84M.
- 28 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q2 2021, down from 34 in Q1 2021.
- Funds reported $27.5M of Gabelli Convertible and Income Securities Fund stock for Q2 2021, down 0.26% quarter-over-quarter.
- 2 funds opened new Gabelli Convertible and Income Securities Fund positions in Q2 2021 and 8 closed out, a net change of -6 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q2 2021 was Morgan Stanley, an estimated $999K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q2 2021 was Advisors Asset Management, an estimated $1.84M sold.
Based on aggregated 13F filings for Q2 2021.