Gabelli Convertible and Income Securities Fund
19 hedge funds and large institutions have $15M invested in Gabelli Convertible and Income Securities Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
12% more funds holding
Funds holding: 17 → 19 (+2)
0.17% less ownership
Funds ownership: 17.95% → 17.78% (-0.17%)
1% less capital invested
Capital invested by funds: $15.1M → $15M (-$94.9K)
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$126K |
| 2 |
Morgan Stanley
New York
|
+$87.6K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$60.3K |
| 4 |
LPL Financial
San Diego,
California
|
+$29.3K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$12.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$129K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$85.9K |
| 3 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$68.4K |
| 4 |
Barclays
London,
United Kingdom
|
-$52.5K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$51.5K |
GCV Hedge Fund Activity: Q1 2014 in Review
19 of the 3,474 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q1 2014, worth a combined $15M — down 0.63% from $15.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GCV positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 9 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $126K. The largest seller was Guggenheim Capital, cutting an estimated $129K.
- 19 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q1 2014, up from 17 in Q4 2013.
- Funds reported $15M of Gabelli Convertible and Income Securities Fund stock for Q1 2014, down 0.63% quarter-over-quarter.
- 3 funds opened new Gabelli Convertible and Income Securities Fund positions in Q1 2014 and 1 closed out, a net change of +2 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q1 2014 was Shaker Financial Services, an estimated $126K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q1 2014 was Guggenheim Capital, an estimated $129K sold.
Based on aggregated 13F filings for Q1 2014.