Gabelli Convertible and Income Securities Fund
37 hedge funds and large institutions have $20.8M invested in Gabelli Convertible and Income Securities Fund in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
12% more funds holding
Funds holding: 33 → 37 (+4)
6% more capital invested
Capital invested by funds: $19.6M → $20.8M (+$1.23M)
5.26% more ownership
Funds ownership: 24.09% → 29.35% (+5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.63M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$103K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$98.9K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$67.7K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
-$111K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$40.8K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$31K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$22.3K |
| 5 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$12.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWSG
26
GPS Wealth Strategies Group
Centennial,
Colorado
| $54.2K | – | – | – |
|
27
LPL Financial
San Diego,
California
| $51.4K | +$302 | +74 | +0.5% |
|
|
MOS
28
MGO One Seven
Beachwood,
Ohio
| $45K | +$48.9K | +12,000 | New |
|
|
NA
29
NewEdge Advisors
New Orleans,
Louisiana
| $42.4K | -$31K | -7,600 | -40% |
|
30
Wells Fargo
San Francisco,
California
| $38.3K | -$4 | -1 | -0% |
|
|
CIC
31
Cutler Investment Counsel
Jacksonville,
Oregon
| $37.5K | – | – | – |
|
32
UBS Group
Zurich,
Switzerland
| $34.9K | +$32.7K | +8,009 | +623% |
|
33
JP Morgan Chase
New York
| $31.3K | +$34K | +8,348 | New |
|
|
CAM
34
Chesapeake Asset Management
New York
| $12.4K | +$420 | +103 | +3% |
|
|
MRCM
35
M&R Capital Management
Summit,
New Jersey
| $6.33K | +$216 | +53 | +3% |
|
|
ADL
36
Asset Dedication LLC
San Francisco,
California
| $5K | – | – | – |
|
|
AA
37
AlphaMark Advisors
Ft. Wright,
Kentucky
| $1K | +$816 | +200 | New |
|
|
38
Rockefeller Capital Management
New York
| – | -$111K | -25,739 | Closed |
|
39
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$6K | -1,496 | Closed |
|
GCV Hedge Fund Activity: Q3 2023 in Review
37 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q3 2023, worth a combined $20.8M — up 6.3% from $19.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GCV positions and 2 closed out — a net gain of 4 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $3.63M. The largest seller was Rockefeller Capital Management, exiting entirely with an estimated $111K sold.
- 37 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q3 2023, up from 33 in Q2 2023.
- Funds reported $20.8M of Gabelli Convertible and Income Securities Fund stock for Q3 2023, up 6.3% quarter-over-quarter.
- 6 funds opened new Gabelli Convertible and Income Securities Fund positions in Q3 2023 and 2 closed out, a net change of +4 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q3 2023 was Osaic Holdings, an estimated $3.63M added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q3 2023 was Rockefeller Capital Management, an estimated $111K sold.
Based on aggregated 13F filings for Q3 2023.