GDL Fund
34 hedge funds and large institutions have $72.8M invested in GDL Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 5 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
1% more capital invested
Capital invested by funds: $71.8M → $72.8M (+$995K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.23% less ownership
Funds ownership: 44.73% → 43.5% (-1.2%)
6% less funds holding
Funds holding: 36 → 34 (-2)
Top Buyers
| 1 |
RVPG
Relative Value Partners Group
|
+$827K |
| 2 |
Morgan Stanley
New York
|
+$726K |
| 3 |
PAS
Park Avenue Securities
New York
|
+$253K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$228K |
| 5 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$163K |
Top Sellers
GDL Hedge Fund Activity: Q1 2019 in Review
34 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q1 2019, worth a combined $72.8M — up 1.4% from $71.8M a quarter earlier.
Fund positioning in GDL was balanced in Q1 2019: 5 funds opened new positions, 5 closed out, 14 added to existing stakes and 8 trimmed.
The largest buyer was Relative Value Partners Group, adding an estimated $827K. The largest seller was Bank of America, cutting an estimated $381K.
- 34 institutional investors held GDL Fund (GDL) as of Q1 2019, down from 36 in Q4 2018.
- Funds reported $72.8M of GDL Fund stock for Q1 2019, up 1.4% quarter-over-quarter.
- 5 funds opened new GDL Fund positions in Q1 2019 and 5 closed out, a net change of 0 holders.
- The largest GDL Fund buyer in Q1 2019 was Relative Value Partners Group, an estimated $827K added.
- The largest GDL Fund seller in Q1 2019 was Bank of America, an estimated $381K sold.
Based on aggregated 13F filings for Q1 2019.