GDL Fund
29 hedge funds and large institutions have $46.4M invested in GDL Fund in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
12% more funds holding
Funds holding: 26 → 29 (+3)
3.87% less ownership
Funds ownership: 45.09% → 41.22% (-3.9%)
14% less capital invested
Capital invested by funds: $53.6M → $46.4M (-$7.24M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
Top Sellers
GDL Hedge Fund Activity: Q2 2022 in Review
29 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q2 2022, worth a combined $46.4M — down 14% from $53.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GDL positions and 3 closed out — a net gain of 3 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was B. Riley Wealth Management, opening a new position worth an estimated $389K. The largest seller was Raymond James & Associates, cutting an estimated $4.33M.
- 29 institutional investors held GDL Fund (GDL) as of Q2 2022, up from 26 in Q1 2022.
- Funds reported $46.4M of GDL Fund stock for Q2 2022, down 14% quarter-over-quarter.
- 6 funds opened new GDL Fund positions in Q2 2022 and 3 closed out, a net change of +3 holders.
- The largest GDL Fund buyer in Q2 2022 was B. Riley Wealth Management, an estimated $389K added.
- The largest GDL Fund seller in Q2 2022 was Raymond James & Associates, an estimated $4.33M sold.
Based on aggregated 13F filings for Q2 2022.