We are live on ! Find out more
GDL

GDL Fund
GDL

27 hedge funds and large institutions have $40.9M invested in GDL Fund in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $39.2M → $40.9M (+$1.78M)

0.29% more ownership

Funds ownership: 36.71% → 37% (+0.29%)

18% less funds holding

Funds holding: 33 → 27 (-6)

36% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 11

75% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 8

Holders
27
Holders Change
-6
Holders Change %
-18.18%
% of All Funds
0.39%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
2
Increased
7
Reduced
11
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$1.8M
2
NA
NewEdge Advisors
Louisiana
+$544K
3
ZA
Zazove Associates
Nevada
+$181K
4
CA
Cornerstone Advisors
North Carolina
+$39.3K
5
Wells Fargo
Wells Fargo
California
+$21.8K

Top Sellers

Rank Fund Capital Flow
1
EP
Eudaimonia Partners
Tennessee
-$981K
2
AW
Atlas Wealth
Ohio
-$273K
3
Bank of America
Bank of America
North Carolina
-$222K
4
RVPG
Relative Value Partners Group
-$158K
5
AA
AQR Arbitrage
Connecticut
-$108K
Name Holding Trade Value Shares
Change 		Change in
Stake
FGA
26
Fortis Group Advisors
New Jersey
$6.03K +$2.94K +375 +100%
VWM
27
Venturi Wealth Management
Texas
$3.81K – – –
EP
28
Eudaimonia Partners
Tennessee
– -$981K -126,618 Closed
AW
29
Atlas Wealth
Ohio
– -$273K -35,210 Closed
AA
30
AQR Arbitrage
Connecticut
– -$108K -13,985 Closed
IWC
31
Integrated Wealth Concepts
Massachusetts
– -$102K -13,114 Closed
9WM
32
9258 Wealth Management
Ohio
– -$97K -12,511 Closed
TJHA
33
Thomas J. Herzfeld Advisors
Florida
– -$42.3K -5,454 Closed
GI
34
Gradient Investments
Minnesota
– -$1.55K -200 Closed
SPIA
35
Steward Partners Investment Advisory
New York
– -$1.55K -200 Closed
1
2

GDL Hedge Fund Activity: Q4 2023 in Review

27 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q4 2023, worth a combined $40.9M — up 4.5% from $39.2M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of GDL and 2 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 7 added.

The largest buyer was Morgan Stanley, adding an estimated $1.8M. The largest seller was Eudaimonia Partners, exiting entirely with an estimated $981K sold.

  • 27 institutional investors held GDL Fund (GDL) as of Q4 2023, down from 33 in Q3 2023.
  • Funds reported $40.9M of GDL Fund stock for Q4 2023, up 4.5% quarter-over-quarter.
  • 2 funds opened new GDL Fund positions in Q4 2023 and 8 closed out, a net change of -6 holders.
  • The largest GDL Fund buyer in Q4 2023 was Morgan Stanley, an estimated $1.8M added.
  • The largest GDL Fund seller in Q4 2023 was Eudaimonia Partners, an estimated $981K sold.

Based on aggregated 13F filings for Q4 2023.