Gabelli Convertible and Income Securities Fund
20 hedge funds and large institutions have $15.5M invested in Gabelli Convertible and Income Securities Fund in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
5% more funds holding
Funds holding: 19 → 20 (+1)
3% more capital invested
Capital invested by funds: $15M → $15.5M (+$487K)
0.08% more ownership
Funds ownership: 17.78% → 17.86% (+0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DMAM
Del Mar Asset Management
New York
|
+$340K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$125K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$106K |
| 4 |
Morgan Stanley
New York
|
+$90.9K |
| 5 |
AIG
American International Group
New York
|
+$33.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$271K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$127K |
| 3 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$59K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$43.9K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$20.4K |
GCV Hedge Fund Activity: Q2 2014 in Review
20 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q2 2014, worth a combined $15.5M — up 3.2% from $15M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GCV positions and 4 closed out — a net gain of 1 holder — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Del Mar Asset Management, opening a new position worth an estimated $340K. The largest seller was Guggenheim Capital, exiting entirely with an estimated $271K sold.
- 20 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q2 2014, up from 19 in Q1 2014.
- Funds reported $15.5M of Gabelli Convertible and Income Securities Fund stock for Q2 2014, up 3.2% quarter-over-quarter.
- 5 funds opened new Gabelli Convertible and Income Securities Fund positions in Q2 2014 and 4 closed out, a net change of +1 holder.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q2 2014 was Del Mar Asset Management, an estimated $340K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q2 2014 was Guggenheim Capital, an estimated $271K sold.
Based on aggregated 13F filings for Q2 2014.