We are live on ! Find out more
GDL

GDL Fund

45 hedge funds and large institutions have $92M invested in GDL Fund in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

11% more capital invested

Capital invested by funds: $82.7M → $92M (+$9.27M)

5% more funds holding

Funds holding: 4345 (+2)

3.73% more ownership

Funds ownership: 41.69%45.42% (+3.7%)

18% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 17

Holders
45
Holders Change
+2
Holders Change %
+4.65%
% of All Funds
1.18%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
5
Increased
14
Reduced
17
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Lazard Asset Management
1
Lazard Asset Management
New York
$20.9M -$1.86M -186,027 -8%
GCIA
2
Gabelli & Co Investment Advisers
New York
$13.5M +$13.5M +1,345,082 New
GPC
3
Glacier Peak Capital
Washington
$8.13M +$352K +35,198 +5%
MC
4
Matisse Capital
Oregon
$7.24M +$7.24M +723,537 New
PAIM
5
Punch & Associates Investment Management
Minnesota
$6.31M +$868K +86,770 +16%
AAM
6
Advisors Asset Management
Colorado
$5.74M +$3.06M +305,852 +114%
RCM
7
Rivernorth Capital Management
Florida
$3.87M
CA
8
Cornerstone Advisors
North Carolina
$2.91M -$50.3K -5,032 -2%
GI
9
GAMCO Investors
Connecticut
$2.76M -$13.2M -1,319,063 -83%
Morgan Stanley
10
Morgan Stanley
New York
$2.45M -$70.3K -7,032 -3%
FIMG
11
Financial & Investment Management Group
Michigan
$2.31M -$120K -11,998 -5%
Bank of America
12
Bank of America
North Carolina
$2.2M +$157K +15,657 +8%
1CP
13
1607 Capital Partners
Virginia
$2.12M -$171K -17,100 -7%
RJA
14
Raymond James & Associates
Florida
$1.94M -$319K -31,888 -14%
AA
15
Ancora Advisors
Ohio
$1.62M +$50K +5,000 +3%
Deutsche Bank
16
Deutsche Bank
Germany
$1.25M -$79K -7,900 -6%
GC
17
Guggenheim Capital
Illinois
$1.09M -$745K -74,461 -41%
CL
18
CSS LLC
Illinois
$847K +$26.3K +2,631 +3%
BI
19
Bulldog Investors
New Jersey
$576K -$76.2K -7,621 -12%
SCM
20
Summit Capital Management
Washington
$502K -$350K -35,006 -41%
WS
21
Wedbush Securities
California
$420K +$80K +7,999 +24%
Wells Fargo
22
Wells Fargo
California
$403K +$5.21K +521 +1%
MFS
23
MSI Financial Services
Massachusetts
$348K -$11.1K -1,106 -3%
RTS
24
Round Table Services
New Jersey
$343K
HK
25
Horizon Kinetics
New York
$336K +$336K +33,565 New

GDL Hedge Fund Activity: Q4 2015 in Review

45 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q4 2015, worth a combined $92M — up 11% from $82.7M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new GDL positions and 3 closed out — a net gain of 2 holders — while 14 added to existing stakes and 17 trimmed.

The largest buyer was Gabelli & Co Investment Advisers, opening a new position worth an estimated $13.5M. The largest seller was GAMCO Investors, cutting an estimated $13.2M.

  • 45 institutional investors held GDL Fund (GDL) as of Q4 2015, up from 43 in Q3 2015.
  • Funds reported $92M of GDL Fund stock for Q4 2015, up 11% quarter-over-quarter.
  • 5 funds opened new GDL Fund positions in Q4 2015 and 3 closed out, a net change of +2 holders.
  • The largest GDL Fund buyer in Q4 2015 was Gabelli & Co Investment Advisers, an estimated $13.5M added.
  • The largest GDL Fund seller in Q4 2015 was GAMCO Investors, an estimated $13.2M sold.

Based on aggregated 13F filings for Q4 2015.