Gabelli Convertible and Income Securities Fund
21 hedge funds and large institutions have $14.9M invested in Gabelli Convertible and Income Securities Fund in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 0 closing their positions.
24% more funds holding
Funds holding: 17 → 21 (+4)
12% more capital invested
Capital invested by funds: $13.3M → $14.9M (+$1.63M)
0.2% less ownership
Funds ownership: 16.29% → 16.09% (-0.2%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
+$109K |
| 2 |
LPL Financial
San Diego,
California
|
+$101K |
| 3 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
+$34.1K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$25K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$19.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$153K |
| 2 |
Morgan Stanley
New York
|
-$105K |
| 3 |
WCM
Windsor Capital Management
Phoenix,
Arizona
|
-$48K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$18.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$15.3K |
GCV Hedge Fund Activity: Q2 2018 in Review
21 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q2 2018, worth a combined $14.9M — up 12% from $13.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GCV positions and 0 closed out — a net gain of 4 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Advisor Group, adding an estimated $109K. The largest seller was Advisors Asset Management, cutting an estimated $153K.
- 21 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q2 2018, up from 17 in Q1 2018.
- Funds reported $14.9M of Gabelli Convertible and Income Securities Fund stock for Q2 2018, up 12% quarter-over-quarter.
- 4 funds opened new Gabelli Convertible and Income Securities Fund positions in Q2 2018 and 0 closed out, a net change of +4 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q2 2018 was Advisor Group, an estimated $109K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q2 2018 was Advisors Asset Management, an estimated $153K sold.
Based on aggregated 13F filings for Q2 2018.