Gabelli Convertible and Income Securities Fund
40 hedge funds and large institutions have $16.3M invested in Gabelli Convertible and Income Securities Fund in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
8% more funds holding
Funds holding: 37 → 40 (+3)
5.4% less ownership
Funds ownership: 29.35% → 23.95% (-5.4%)
22% less capital invested
Capital invested by funds: $20.8M → $16.3M (-$4.51M)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$667K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$282K |
| 3 |
VF
Virtu Financial
New York
|
+$220K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$220K |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.11M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.61M |
| 3 |
Morgan Stanley
New York
|
-$222K |
| 4 |
SA
SFI Advisors
Montclair,
New Jersey
|
-$85.2K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$61.2K |
GCV Hedge Fund Activity: Q4 2023 in Review
40 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Gabelli Convertible and Income Securities Fund (GCV) for Q4 2023, worth a combined $16.3M — down 22% from $20.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GCV positions and 3 closed out — a net gain of 3 holders — while 10 added to existing stakes and 16 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $667K. The largest seller was Osaic Holdings, cutting an estimated $3.11M.
- 40 institutional investors held Gabelli Convertible and Income Securities Fund (GCV) as of Q4 2023, up from 37 in Q3 2023.
- Funds reported $16.3M of Gabelli Convertible and Income Securities Fund stock for Q4 2023, down 22% quarter-over-quarter.
- 6 funds opened new Gabelli Convertible and Income Securities Fund positions in Q4 2023 and 3 closed out, a net change of +3 holders.
- The largest Gabelli Convertible and Income Securities Fund buyer in Q4 2023 was Shaker Financial Services, an estimated $667K added.
- The largest Gabelli Convertible and Income Securities Fund seller in Q4 2023 was Osaic Holdings, an estimated $3.11M sold.
Based on aggregated 13F filings for Q4 2023.