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GCV

Gabelli Convertible and Income Securities Fund

17 hedge funds and large institutions have $15.1M invested in Gabelli Convertible and Income Securities Fund in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 1717 (0)

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

0.99% less ownership

Funds ownership: 18.94%17.95% (-0.99%)

6% less capital invested

Capital invested by funds: $16.1M → $15.1M (-$952K)

14% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 7

Holders
17
Holders Change
Holders Change %
0%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
6
Reduced
7
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GI
1
GAMCO Investors
Connecticut
$7.27M +$318 +52 +0%
WCM
2
Windsor Capital Management
Arizona
$2.95M -$60.4K -9,875 -2%
Morgan Stanley
3
Morgan Stanley
New York
$2.36M +$13.7K +2,240 +0.6%
AAM
4
Advisors Asset Management
Colorado
$858K -$62.6K -10,235 -7%
LPL Financial
5
LPL Financial
California
$409K +$19.4K +3,174 +5%
GC
6
Guggenheim Capital
Illinois
$399K -$282K -46,190 -42%
U
7
UBS
Switzerland
$334K -$401K -65,650 -55%
US Bancorp
8
US Bancorp
Minnesota
$280K -$14.8K -2,415 -5%
WS
9
Wedbush Securities
California
$82K +$81.4K +13,311 New
Barclays
10
Barclays
United Kingdom
$52K +$21.3K +3,480 +67%
Wells Fargo
11
Wells Fargo
California
$52K +$32.6K +5,328 +172%
Bank of America
12
Bank of America
North Carolina
$35K -$42.5K -6,958 -55%
AIG
13
American International Group
New York
$34.5K +$19.9K +3,250 +138%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$14K
Creative Planning
15
Creative Planning
Kansas
$6K
DADC
16
D.A. Davidson & Co
Montana
$4K +$4.25K +695 New
Citigroup
17
Citigroup
New York
$2K -$5.82K -953 -70%
VKH
18
Virtu KCG Holdings
New York
-$150K -24,353 Closed
TRCT
19
Tower Research Capital (TRC)
New York
-$1K -85 Closed

GCV Hedge Fund Activity: Q4 2013 in Review

17 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q4 2013, worth a combined $15.1M — down 5.9% from $16.1M a quarter earlier.

Fund positioning in GCV was balanced in Q4 2013: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 7 trimmed.

The largest buyer was Wedbush Securities, opening a new position worth an estimated $81.4K. The largest seller was UBS, cutting an estimated $401K.

  • 17 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q4 2013, unchanged from Q3 2013.
  • Funds reported $15.1M of Gabelli Convertible and Income Securities Fund stock for Q4 2013, down 5.9% quarter-over-quarter.
  • 2 funds opened new Gabelli Convertible and Income Securities Fund positions in Q4 2013 and 2 closed out, a net change of 0 holders.
  • The largest Gabelli Convertible and Income Securities Fund buyer in Q4 2013 was Wedbush Securities, an estimated $81.4K added.
  • The largest Gabelli Convertible and Income Securities Fund seller in Q4 2013 was UBS, an estimated $401K sold.

Based on aggregated 13F filings for Q4 2013.