Gabelli Convertible and Income Securities Fund
17 hedge funds and large institutions have $16.1M invested in Gabelli Convertible and Income Securities Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
21% more funds holding
Funds holding: 14 → 17 (+3)
3% more capital invested
Capital invested by funds: $15.6M → $16.1M (+$457K)
0.46% more ownership
Funds ownership: 18.49% → 18.94% (+0.46%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$359K |
| 2 |
Morgan Stanley
New York
|
+$133K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$59.2K |
| 4 |
LPL Financial
San Diego,
California
|
+$37.3K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$9.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$188K |
| 2 |
US Bancorp
Minneapolis,
Minnesota
|
-$122K |
| 3 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$64.2K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.76K |
GCV Hedge Fund Activity: Q3 2013 in Review
17 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q3 2013, worth a combined $16.1M — up 2.9% from $15.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GCV positions and 0 closed out — a net gain of 3 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $359K. The largest seller was Guggenheim Capital, cutting an estimated $188K.
- 17 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q3 2013, up from 14 in Q2 2013.
- Funds reported $16.1M of Gabelli Convertible and Income Securities Fund stock for Q3 2013, up 2.9% quarter-over-quarter.
- 3 funds opened new Gabelli Convertible and Income Securities Fund positions in Q3 2013 and 0 closed out, a net change of +3 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q3 2013 was Advisors Asset Management, an estimated $359K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q3 2013 was Guggenheim Capital, an estimated $188K sold.
Based on aggregated 13F filings for Q3 2013.