GDL Fund
34 hedge funds and large institutions have $66M invested in GDL Fund in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 5 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
0.13% more ownership
Funds ownership: 43.5% → 43.62% (+0.13%)
0% more funds holding
Funds holding: 34 → 34 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $72.8M → $66M (-$6.76M)
Top Buyers
Top Sellers
GDL Hedge Fund Activity: Q2 2019 in Review
34 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q2 2019, worth a combined $66M — down 9.3% from $72.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GDL positions and 5 closed out — a net gain of 1 holder — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $536K. The largest seller was Raymond James & Associates, cutting an estimated $1M.
- 34 institutional investors held GDL Fund (GDL) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $66M of GDL Fund stock for Q2 2019, down 9.3% quarter-over-quarter.
- 6 funds opened new GDL Fund positions in Q2 2019 and 5 closed out, a net change of +1 holder.
- The largest GDL Fund buyer in Q2 2019 was Morgan Stanley, an estimated $536K added.
- The largest GDL Fund seller in Q2 2019 was Raymond James & Associates, an estimated $1M sold.
Based on aggregated 13F filings for Q2 2019.