GDL Fund
GDL
50 hedge funds and large institutions have $87.8M invested in GDL Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 0 closing their positions.
16% more funds holding
Funds holding: 43 → 50 (+7)
0.26% more ownership
Funds ownership: 40.71% → 40.97% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
2% less capital invested
Capital invested by funds: $89.9M → $87.8M (-$2.13M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$799K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$608K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$551K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$450K |
| 5 |
ST
Sentinel Trust
Houston,
Texas
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.73M |
| 2 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
-$873K |
| 3 |
Morgan Stanley
New York
|
-$767K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$481K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$361K |
GDL Hedge Fund Activity: Q4 2014 in Review
50 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q4 2014, worth a combined $87.8M — down 2.4% from $89.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GDL positions and 0 closed out — a net gain of 8 holders — while 16 added to existing stakes and 16 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $799K. The largest seller was Punch & Associates Investment Management, cutting an estimated $1.73M.
- 50 institutional investors held GDL Fund (GDL) as of Q4 2014, up from 43 in Q3 2014.
- Funds reported $87.8M of GDL Fund stock for Q4 2014, down 2.4% quarter-over-quarter.
- 8 funds opened new GDL Fund positions in Q4 2014 and 0 closed out, a net change of +8 holders.
- The largest GDL Fund buyer in Q4 2014 was 1607 Capital Partners, an estimated $799K added.
- The largest GDL Fund seller in Q4 2014 was Punch & Associates Investment Management, an estimated $1.73M sold.
Based on aggregated 13F filings for Q4 2014.