Gabelli Convertible and Income Securities Fund
18 hedge funds and large institutions have $13.8M invested in Gabelli Convertible and Income Securities Fund in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 5 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
0.56% less ownership
Funds ownership: 16.75% → 16.19% (-0.56%)
2% less capital invested
Capital invested by funds: $14.1M → $13.8M (-$249K)
10% less funds holding
Funds holding: 20 → 18 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$304K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$70.9K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$61.8K |
| 4 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$29.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$27.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$687K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$124K |
| 3 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$120K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$17K |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$7.96K |
GCV Hedge Fund Activity: Q1 2015 in Review
18 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q1 2015, worth a combined $13.8M — down 1.8% from $14.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GCV and 3 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 6 added.
The largest buyer was Morgan Stanley, adding an estimated $304K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $687K sold.
- 18 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q1 2015, down from 20 in Q4 2014.
- Funds reported $13.8M of Gabelli Convertible and Income Securities Fund stock for Q1 2015, down 1.8% quarter-over-quarter.
- 3 funds opened new Gabelli Convertible and Income Securities Fund positions in Q1 2015 and 5 closed out, a net change of -2 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q1 2015 was Morgan Stanley, an estimated $304K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q1 2015 was Advisors Asset Management, an estimated $687K sold.
Based on aggregated 13F filings for Q1 2015.