GDL Fund
43 hedge funds and large institutions have $82.7M invested in GDL Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
10% more capital inflows, than outflows
Capital inflows: $4.69M | Capital outflows: $4.25M
2% more funds holding
Funds holding: 42 → 43 (+1)
0.22% more ownership
Funds ownership: 41.47% → 41.69% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
+$2.7M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.03M |
| 3 |
Punch & Associates Investment Management
Edina,
Minnesota
|
+$304K |
| 4 |
GAMCO Investors
Greenwich,
Connecticut
|
+$236K |
| 5 |
Glacier Peak Capital
Bellevue,
Washington
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.56M |
| 2 |
Ancora Advisors
Cleveland,
Ohio
|
-$482K |
| 3 |
Sentinel Trust
Houston,
Texas
|
-$464K |
| 4 |
Doliver Advisors
Houston,
Texas
|
-$421K |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
-$274K |
GDL Hedge Fund Activity: Q3 2015 in Review
43 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q3 2015, worth a combined $82.7M — down 3.2% from $85.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GDL positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 15 trimmed.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $2.7M. The largest seller was Morgan Stanley, cutting an estimated $1.56M.
- 43 institutional investors held GDL Fund (GDL) as of Q3 2015, up from 42 in Q2 2015.
- Funds reported $82.7M of GDL Fund stock for Q3 2015, down 3.2% quarter-over-quarter.
- 3 funds opened new GDL Fund positions in Q3 2015 and 2 closed out, a net change of +1 holder.
- The largest GDL Fund buyer in Q3 2015 was Advisors Asset Management, an estimated $2.7M added.
- The largest GDL Fund seller in Q3 2015 was Morgan Stanley, an estimated $1.56M sold.
Based on aggregated 13F filings for Q3 2015.