Gabelli Convertible and Income Securities Fund
18 hedge funds and large institutions have $11.7M invested in Gabelli Convertible and Income Securities Fund in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
1.32% more ownership
Funds ownership: 15.86% → 17.17% (+1.3%)
0% more funds holding
Funds holding: 18 → 18 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
10% less capital invested
Capital invested by funds: $13M → $11.7M (-$1.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$662K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$174K |
| 3 |
AIG
American International Group
New York
|
+$137K |
| 4 |
Morgan Stanley
New York
|
+$107K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$5.39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$31.6K |
| 2 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$27K |
| 3 |
Citigroup
New York
|
-$18.4K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$13K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.46K |
GCV Hedge Fund Activity: Q3 2015 in Review
18 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q3 2015, worth a combined $11.7M — down 10% from $13M a quarter earlier.
Fund positioning in GCV was balanced in Q3 2015: 2 funds opened new positions, 2 closed out, 6 added to existing stakes and 5 trimmed.
The largest buyer was Curi RMB Capital, adding an estimated $662K. The largest seller was Windsor Capital Management, cutting an estimated $31.6K.
- 18 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $11.7M of Gabelli Convertible and Income Securities Fund stock for Q3 2015, down 10% quarter-over-quarter.
- 2 funds opened new Gabelli Convertible and Income Securities Fund positions in Q3 2015 and 2 closed out, a net change of 0 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q3 2015 was Curi RMB Capital, an estimated $662K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q3 2015 was Windsor Capital Management, an estimated $31.6K sold.
Based on aggregated 13F filings for Q3 2015.