Gabelli Convertible and Income Securities Fund
34 hedge funds and large institutions have $23.7M invested in Gabelli Convertible and Income Securities Fund in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
6% more funds holding
Funds holding: 32 → 34 (+2)
1.06% more ownership
Funds ownership: 19.8% → 20.86% (+1.1%)
7% less capital invested
Capital invested by funds: $25.6M → $23.7M (-$1.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$146K |
| 3 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$67.9K |
| 4 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$51.2K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$23.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$501K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$316K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$140K |
| 4 |
SA
SFI Advisors
Montclair,
New Jersey
|
-$119K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$64.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COCM
26
Charter Oak Capital Management
Portsmouth,
New Hampshire
| $33K | – | – | – |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $31.1K | +$734 | +119 | +2% |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $19K | +$18.5K | +3,000 | New |
|
29
UBS Group
Zurich,
Switzerland
| $10K | +$994 | +161 | +11% |
|
|
OLVIG
30
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| $9K | +$9.41K | +1,525 | New |
|
|
MRCM
31
M&R Capital Management
Summit,
New Jersey
| $8K | +$8.92K | +1,446 | New |
|
|
AA
32
Addison Advisors
Middlebury,
Vermont
| $6K | – | – | – |
|
|
GWSG
33
GPS Wealth Strategies Group
Centennial,
Colorado
| $4K | – | – | – |
|
|
SA
34
SFI Advisors
Montclair,
New Jersey
| $467 | -$119K | -19,207 | -20% |
|
|
CL
35
CSS LLC
Chicago,
Illinois
| – | -$501K | -72,824 | Closed |
|
|
SFS
36
Shaker Financial Services
Arlington,
Virginia
| – | -$140K | -20,355 | Closed |
|
|
CA
37
CoreCap Advisors
Southfield,
Michigan
| – | -$29K | -4,175 | Closed |
|
|
SCA
38
Snowden Capital Advisors
New York
| – | -$10K | -1,462 | Closed |
|
GCV Hedge Fund Activity: Q1 2022 in Review
34 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q1 2022, worth a combined $23.7M — down 7.4% from $25.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GCV positions and 5 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.9M. The largest seller was CSS LLC, exiting entirely with an estimated $501K sold.
- 34 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q1 2022, up from 32 in Q4 2021.
- Funds reported $23.7M of Gabelli Convertible and Income Securities Fund stock for Q1 2022, down 7.4% quarter-over-quarter.
- 7 funds opened new Gabelli Convertible and Income Securities Fund positions in Q1 2022 and 5 closed out, a net change of +2 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q1 2022 was Advisors Asset Management, an estimated $1.9M added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q1 2022 was CSS LLC, an estimated $501K sold.
Based on aggregated 13F filings for Q1 2022.