GDL Fund
48 hedge funds and large institutions have $90.9M invested in GDL Fund in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
4% more funds holding
Funds holding: 46 → 48 (+2)
2.4% more ownership
Funds ownership: 45.39% → 47.79% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $92M → $90.9M (-$1.09M)
Top Buyers
Top Sellers
GDL Hedge Fund Activity: Q2 2016 in Review
48 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q2 2016, worth a combined $90.9M — down 1.2% from $92M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GDL positions and 2 closed out — a net gain of 2 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.76M. The largest seller was Punch & Associates Investment Management, cutting an estimated $2.74M.
- 48 institutional investors held GDL Fund (GDL) as of Q2 2016, up from 46 in Q1 2016.
- Funds reported $90.9M of GDL Fund stock for Q2 2016, down 1.2% quarter-over-quarter.
- 4 funds opened new GDL Fund positions in Q2 2016 and 2 closed out, a net change of +2 holders.
- The largest GDL Fund buyer in Q2 2016 was Advisors Asset Management, an estimated $2.76M added.
- The largest GDL Fund seller in Q2 2016 was Punch & Associates Investment Management, an estimated $2.74M sold.
Based on aggregated 13F filings for Q2 2016.