GDL Fund
27 hedge funds and large institutions have $42.7M invested in GDL Fund in 2024 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
94% more capital invested
Capital invested by funds: $22M → $42.7M (+$20.6M)
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
21.99% more ownership
Funds ownership: 22.83% → 44.81% (+22%)
8% more funds holding
Funds holding: 25 → 27 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$15M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$4.97M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$1.02M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$238K |
| 5 |
Morgan Stanley
New York
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$109K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$90.6K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$65.5K |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$53.3K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$36.1K |
GDL Hedge Fund Activity: Q4 2024 in Review
27 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q4 2024, worth a combined $42.7M — up 94% from $22M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GDL positions and 1 closed out — a net gain of 2 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Gabelli & Co Investment Advisers, opening a new position worth an estimated $15M. The largest seller was Landscape Capital Management, exiting entirely with an estimated $109K sold.
- 27 institutional investors held GDL Fund (GDL) as of Q4 2024, up from 25 in Q3 2024.
- Funds reported $42.7M of GDL Fund stock for Q4 2024, up 94% quarter-over-quarter.
- 3 funds opened new GDL Fund positions in Q4 2024 and 1 closed out, a net change of +2 holders.
- The largest GDL Fund buyer in Q4 2024 was Gabelli & Co Investment Advisers, an estimated $15M added.
- The largest GDL Fund seller in Q4 2024 was Landscape Capital Management, an estimated $109K sold.
Based on aggregated 13F filings for Q4 2024.