Gabelli Convertible and Income Securities Fund
32 hedge funds and large institutions have $25.6M invested in Gabelli Convertible and Income Securities Fund in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
12% more capital invested
Capital invested by funds: $22.9M → $25.6M (+$2.66M)
7% more funds holding
Funds holding: 30 → 32 (+2)
0.23% less ownership
Funds ownership: 20.03% → 19.8% (-0.23%)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.02M |
| 2 |
Morgan Stanley
New York
|
+$332K |
| 3 |
LPL Financial
San Diego,
California
|
+$149K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$82.7K |
| 5 |
EH
Equitable Holdings
New York
|
+$65.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$747K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$450K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$393K |
| 4 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$181K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$77K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
26
American Portfolios Advisors
Holbrook,
New York
| $34.1K | +$800 | +122 | +3% |
|
|
CA
27
CoreCap Advisors
Southfield,
Michigan
| $29K | +$27.4K | +4,175 | New |
|
28
UBS Group
Zurich,
Switzerland
| $10K | -$8.73K | -1,332 | -47% |
|
|
SCA
29
Snowden Capital Advisors
New York
| $10K | +$9.58K | +1,462 | New |
|
|
AA
30
Addison Advisors
Middlebury,
Vermont
| $6K | – | – | – |
|
|
GWSG
31
GPS Wealth Strategies Group
Centennial,
Colorado
| $5K | – | – | – |
|
|
GC
32
Guggenheim Capital
Chicago,
Illinois
| – | -$450K | -73,953 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$77K | -12,806 | Closed |
|
|
FIA
34
FNY Investment Advisers
New York
| – | -$35K | -5,800 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | +$26 | +4 | New |
|
GCV Hedge Fund Activity: Q4 2021 in Review
32 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q4 2021, worth a combined $25.6M — up 12% from $22.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GCV positions and 3 closed out — a net gain of 3 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $1.02M. The largest seller was Shaker Financial Services, cutting an estimated $747K.
- 32 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q4 2021, up from 30 in Q3 2021.
- Funds reported $25.6M of Gabelli Convertible and Income Securities Fund stock for Q4 2021, up 12% quarter-over-quarter.
- 6 funds opened new Gabelli Convertible and Income Securities Fund positions in Q4 2021 and 3 closed out, a net change of +3 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q4 2021 was Advisors Asset Management, an estimated $1.02M added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q4 2021 was Shaker Financial Services, an estimated $747K sold.
Based on aggregated 13F filings for Q4 2021.