GDL Fund
29 hedge funds and large institutions have $32.3M invested in GDL Fund in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
7% more funds holding
Funds holding: 27 → 29 (+2)
0.69% less ownership
Funds ownership: 35.44% → 34.75% (-0.69%)
17% less capital invested
Capital invested by funds: $39.1M → $32.3M (-$6.72M)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$203K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$126K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$93.3K |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$84.7K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$83.2K |
Top Sellers
| 1 |
RVPG
Relative Value Partners Group
|
-$6.35M |
| 2 |
MCI
MRP Capital Investments
Alpharetta,
Georgia
|
-$342K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$249K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$66.9K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$49.9K |
GDL Hedge Fund Activity: Q2 2024 in Review
29 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in GDL Fund (GDL) for Q2 2024, worth a combined $32.3M — down 17% from $39.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GDL positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $203K. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $6.35M sold.
- 29 institutional investors held GDL Fund (GDL) as of Q2 2024, up from 27 in Q1 2024.
- Funds reported $32.3M of GDL Fund stock for Q2 2024, down 17% quarter-over-quarter.
- 4 funds opened new GDL Fund positions in Q2 2024 and 2 closed out, a net change of +2 holders.
- The largest GDL Fund buyer in Q2 2024 was Morgan Stanley, an estimated $203K added.
- The largest GDL Fund seller in Q2 2024 was Relative Value Partners Group, an estimated $6.35M sold.
Based on aggregated 13F filings for Q2 2024.