Gabelli Convertible and Income Securities Fund
34 hedge funds and large institutions have $19.4M invested in Gabelli Convertible and Income Securities Fund in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 4 closing their positions.
1.03% less ownership
Funds ownership: 22.61% → 21.58% (-1%)
6% less funds holding
Funds holding: 36 → 34 (-2)
8% less capital invested
Capital invested by funds: $21.2M → $19.4M (-$1.8M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$794K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$164K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$72.9K |
| 4 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$51.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$47.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$1.74M |
| 2 |
SA
SFI Advisors
Montclair,
New Jersey
|
-$148K |
| 3 |
EH
Equitable Holdings
New York
|
-$77.4K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$62K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$57.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
UBS Group
Zurich,
Switzerland
| $50.2K | +$47.3K | +9,171 | +714% |
|
|
CIC
27
Cutler Investment Counsel
Jacksonville,
Oregon
| $48K | +$51.6K | +10,000 | New |
|
|
CA
28
CoreCap Advisors
Southfield,
Michigan
| $40.4K | +$43.4K | +8,415 | New |
|
29
Wells Fargo
San Francisco,
California
| $33K | -$320 | -62 | -0.9% |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $19K | – | – | – |
|
|
MRCM
31
M&R Capital Management
Summit,
New Jersey
| $7.43K | +$191 | +37 | +2% |
|
|
ADL
32
Asset Dedication LLC
San Francisco,
California
| $6K | – | – | – |
|
33
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $6K | – | – | – |
|
|
PAG
34
Private Advisor Group
Morristown,
New Jersey
| $146 | – | – | – |
|
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$62K | -12,540 | Closed |
|
|
OLVIG
36
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| – | -$8K | -1,525 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$1K | -200 | Closed |
|
GCV Hedge Fund Activity: Q4 2022 in Review
34 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q4 2022, worth a combined $19.4M — down 8.5% from $21.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GCV and 3 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 9 added.
The largest buyer was Osaic Holdings, adding an estimated $794K. The largest seller was Gabelli & Co Investment Advisers, cutting an estimated $1.74M.
- 34 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q4 2022, down from 36 in Q3 2022.
- Funds reported $19.4M of Gabelli Convertible and Income Securities Fund stock for Q4 2022, down 8.5% quarter-over-quarter.
- 3 funds opened new Gabelli Convertible and Income Securities Fund positions in Q4 2022 and 4 closed out, a net change of -1 holder.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q4 2022 was Osaic Holdings, an estimated $794K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q4 2022 was Gabelli & Co Investment Advisers, an estimated $1.74M sold.
Based on aggregated 13F filings for Q4 2022.