Gabelli Convertible and Income Securities Fund
34 hedge funds and large institutions have $19.4M invested in Gabelli Convertible and Income Securities Fund in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 4 closing their positions.
1.03% less ownership
Funds ownership: 22.61% → 21.58% (-1%)
6% less funds holding
Funds holding: 36 → 34 (-2)
8% less capital invested
Capital invested by funds: $21.2M → $19.4M (-$1.8M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$794K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$164K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$72.9K |
| 4 |
CIC
Cutler Investment Counsel
Jacksonville,
Oregon
|
+$51.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$47.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$1.74M |
| 2 |
SA
SFI Advisors
Montclair,
New Jersey
|
-$148K |
| 3 |
EH
Equitable Holdings
New York
|
-$77.4K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$62K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$57.2K |
GCV Hedge Fund Activity: Q4 2022 in Review
34 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q4 2022, worth a combined $19.4M — down 8.5% from $21.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GCV and 3 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 9 added.
The largest buyer was Osaic Holdings, adding an estimated $794K. The largest seller was Gabelli & Co Investment Advisers, cutting an estimated $1.74M.
- 34 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q4 2022, down from 36 in Q3 2022.
- Funds reported $19.4M of Gabelli Convertible and Income Securities Fund stock for Q4 2022, down 8.5% quarter-over-quarter.
- 3 funds opened new Gabelli Convertible and Income Securities Fund positions in Q4 2022 and 4 closed out, a net change of -1 holder.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q4 2022 was Osaic Holdings, an estimated $794K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q4 2022 was Gabelli & Co Investment Advisers, an estimated $1.74M sold.
Based on aggregated 13F filings for Q4 2022.