Gabelli Convertible and Income Securities Fund
16 hedge funds and large institutions have $9.68M invested in Gabelli Convertible and Income Securities Fund in 2016 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 5 closing their positions.
5% more capital invested
Capital invested by funds: $9.19M → $9.68M (+$488K)
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
0.26% less ownership
Funds ownership: 14.04% → 13.78% (-0.26%)
24% less funds holding
Funds holding: 21 → 16 (-5)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$843K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$34.7K |
| 3 |
LPL Financial
San Diego,
California
|
+$9.64K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$763K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$96K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$62K |
| 4 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$59.7K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$33K |
GCV Hedge Fund Activity: Q3 2016 in Review
16 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q3 2016, worth a combined $9.68M — up 5.3% from $9.19M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GCV and 0 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Morgan Stanley, adding an estimated $843K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $763K sold.
- 16 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q3 2016, down from 21 in Q2 2016.
- Funds reported $9.68M of Gabelli Convertible and Income Securities Fund stock for Q3 2016, up 5.3% quarter-over-quarter.
- 0 funds opened new Gabelli Convertible and Income Securities Fund positions in Q3 2016 and 5 closed out, a net change of -5 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q3 2016 was Morgan Stanley, an estimated $843K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q3 2016 was Shaker Financial Services, an estimated $763K sold.
Based on aggregated 13F filings for Q3 2016.