Gabelli Convertible and Income Securities Fund
33 hedge funds and large institutions have $19.6M invested in Gabelli Convertible and Income Securities Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
6% more capital invested
Capital invested by funds: $18.4M → $19.6M (+$1.19M)
3% more funds holding
Funds holding: 32 → 33 (+1)
1.96% more ownership
Funds ownership: 22.13% → 24.09% (+2%)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$1.48M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$263K |
| 3 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
+$101K |
| 4 |
SA
SFI Advisors
Montclair,
New Jersey
|
+$99.6K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$32.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$184K |
| 2 |
Morgan Stanley
New York
|
-$85.2K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$36.4K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$31.8K |
| 5 |
LPL Financial
San Diego,
California
|
-$22.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
LPL Financial
San Diego,
California
| $58.6K | -$22.8K | -5,204 | -28% |
|
27
Wells Fargo
San Francisco,
California
| $43.9K | -$4.76K | -1,084 | -10% |
|
|
CIC
28
Cutler Investment Counsel
Jacksonville,
Oregon
| $43K | – | – | – |
|
|
CAM
29
Chesapeake Asset Management
New York
| $13.8K | +$377 | +86 | +3% |
|
|
MRCM
30
M&R Capital Management
Summit,
New Jersey
| $7.03K | +$193 | +44 | +3% |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | +$6.57K | +1,496 | New |
|
|
32
UBS Group
Zurich,
Switzerland
| $5.53K | -$36.4K | -8,300 | -87% |
|
|
ADL
33
Asset Dedication LLC
San Francisco,
California
| $5K | – | – | – |
|
34
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$5K | -1,200 | Closed |
|
GCV Hedge Fund Activity: Q2 2023 in Review
33 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q2 2023, worth a combined $19.6M — up 6.4% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GCV positions and 1 closed out — a net gain of 1 holder — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Gabelli & Co Investment Advisers, adding an estimated $1.48M. The largest seller was GAMCO Investors, cutting an estimated $184K.
- 33 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q2 2023, up from 32 in Q1 2023.
- Funds reported $19.6M of Gabelli Convertible and Income Securities Fund stock for Q2 2023, up 6.4% quarter-over-quarter.
- 2 funds opened new Gabelli Convertible and Income Securities Fund positions in Q2 2023 and 1 closed out, a net change of +1 holder.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q2 2023 was Gabelli & Co Investment Advisers, an estimated $1.48M added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q2 2023 was GAMCO Investors, an estimated $184K sold.
Based on aggregated 13F filings for Q2 2023.