Gabelli Convertible and Income Securities Fund
35 hedge funds and large institutions have $14.7M invested in Gabelli Convertible and Income Securities Fund in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
16% more capital invested
Capital invested by funds: $12.8M → $14.7M (+$1.98M)
2.6% more ownership
Funds ownership: 18.18% → 20.78% (+2.6%)
0% more funds holding
Funds holding: 35 → 35 (0)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.3M |
| 2 |
Morgan Stanley
New York
|
+$137K |
| 3 |
H
HoyleCohen
San Diego,
California
|
+$126K |
| 4 |
LMKC
L.M. Kohn & Company
Cincinnati,
Ohio
|
+$118K |
| 5 |
SA
SFI Advisors
Montclair,
New Jersey
|
+$46.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$235K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$111K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$82.6K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$60.4K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$57.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
CoreCap Advisors
Southfield,
Michigan
| $30.8K | – | – | – |
|
|
PS
27
Principal Securities
Des Moines,
Iowa
| $26.4K | -$1.48K | -412 | -5% |
|
|
CA
28
Cornerstone Advisors
Asheville,
North Carolina
| $10.1K | -$82.6K | -22,937 | -89% |
|
|
MRCM
29
M&R Capital Management
Summit,
New Jersey
| $6.82K | +$220 | +61 | +3% |
|
30
UBS Group
Zurich,
Switzerland
| $4.84K | +$4.76K | +1,322 | New |
|
|
ADL
31
Asset Dedication LLC
San Francisco,
California
| $4.48K | – | – | – |
|
|
AF
32
Allworth Financial
Folsom,
California
| $3.34K | +$108 | +30 | +3% |
|
|
GWSG
33
GPS Wealth Strategies Group
Centennial,
Colorado
| $2.44K | – | – | – |
|
|
AA
34
AlphaMark Advisors
Ft. Wright,
Kentucky
| $1K | – | – | – |
|
35
Wells Fargo
San Francisco,
California
| $3 | – | – | – |
|
|
GC
36
Guggenheim Capital
Chicago,
Illinois
| – | -$111K | -29,984 | Closed |
|
|
SFS
37
Shaker Financial Services
Arlington,
Virginia
| – | -$57.1K | -15,380 | Closed |
|
|
VF
38
Virtu Financial
New York
| – | -$47K | -12,793 | Closed |
|
GCV Hedge Fund Activity: Q2 2024 in Review
35 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q2 2024, worth a combined $14.7M — up 16% from $12.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GCV positions and 3 closed out — a net gain of 1 holder — while 10 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.3M. The largest seller was Landscape Capital Management, cutting an estimated $235K.
- 35 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $14.7M of Gabelli Convertible and Income Securities Fund stock for Q2 2024, up 16% quarter-over-quarter.
- 4 funds opened new Gabelli Convertible and Income Securities Fund positions in Q2 2024 and 3 closed out, a net change of +1 holder.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q2 2024 was LPL Financial, an estimated $2.3M added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q2 2024 was Landscape Capital Management, an estimated $235K sold.
Based on aggregated 13F filings for Q2 2024.