Gabelli Convertible and Income Securities Fund
20 hedge funds and large institutions have $14.1M invested in Gabelli Convertible and Income Securities Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
18% more funds holding
Funds holding: 17 → 20 (+3)
0.57% less ownership
Funds ownership: 17.32% → 16.75% (-0.57%)
2% less capital invested
Capital invested by funds: $14.4M → $14.1M (-$297K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$123K |
| 2 |
Morgan Stanley
New York
|
+$92.4K |
| 3 |
AIG
American International Group
New York
|
+$44.9K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$17.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$287K |
| 2 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$189K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$45.4K |
| 4 |
Barclays
London,
United Kingdom
|
-$1K |
GCV Hedge Fund Activity: Q4 2014 in Review
20 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q4 2014, worth a combined $14.1M — down 2.1% from $14.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GCV positions and 1 closed out — a net gain of 4 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $123K. The largest seller was LPL Financial, cutting an estimated $287K.
- 20 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q4 2014, up from 17 in Q3 2014.
- Funds reported $14.1M of Gabelli Convertible and Income Securities Fund stock for Q4 2014, down 2.1% quarter-over-quarter.
- 5 funds opened new Gabelli Convertible and Income Securities Fund positions in Q4 2014 and 1 closed out, a net change of +4 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q4 2014 was Virtu KCG Holdings, an estimated $123K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q4 2014 was LPL Financial, an estimated $287K sold.
Based on aggregated 13F filings for Q4 2014.