Gabelli Convertible and Income Securities Fund
30 hedge funds and large institutions have $22.9M invested in Gabelli Convertible and Income Securities Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
7% more funds holding
Funds holding: 28 → 30 (+2)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
2.17% less ownership
Funds ownership: 22.2% → 20.03% (-2.2%)
17% less capital invested
Capital invested by funds: $27.5M → $22.9M (-$4.61M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$285K |
| 2 |
Morgan Stanley
New York
|
+$247K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$82.3K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$71.2K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$37.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.71M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.14M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$432K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$65K |
| 5 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$43K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COCM
26
Charter Oak Capital Management
Portsmouth,
New Hampshire
| $32K | – | – | – |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $29.4K | +$578 | +90 | +2% |
|
28
UBS Group
Zurich,
Switzerland
| $17K | +$8.56K | +1,332 | +89% |
|
|
AA
29
Addison Advisors
Middlebury,
Vermont
| $6K | – | – | – |
|
|
GWSG
30
GPS Wealth Strategies Group
Centennial,
Colorado
| $4K | – | – | – |
|
|
AAM
31
Advisors Asset Management
Monument,
Colorado
| – | -$1.71M | -260,116 | Closed |
|
GCV Hedge Fund Activity: Q3 2021 in Review
30 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q3 2021, worth a combined $22.9M — down 17% from $27.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GCV positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Mid Atlantic Financial Management, adding an estimated $285K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.71M sold.
- 30 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q3 2021, up from 28 in Q2 2021.
- Funds reported $22.9M of Gabelli Convertible and Income Securities Fund stock for Q3 2021, down 17% quarter-over-quarter.
- 3 funds opened new Gabelli Convertible and Income Securities Fund positions in Q3 2021 and 1 closed out, a net change of +2 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q3 2021 was Mid Atlantic Financial Management, an estimated $285K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q3 2021 was Advisors Asset Management, an estimated $1.71M sold.
Based on aggregated 13F filings for Q3 2021.