GDL

GDL Fund
GDL

Overview Fund Activity

22 hedge funds and large institutions have $39.2M invested in GDL Fund in 2025 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
22
Holders Change
-5
Holders Change %
-18.52%
% of All Funds
0.3%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
2
Increased
4
Reduced
9
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
BI
Bulldog Investors
New Jersey
+$3.03M
2
Morgan Stanley
Morgan Stanley
New York
+$124K
3
VF
Virtu Financial
New York
+$90K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$15.4K
5
NA
NewEdge Advisors
Louisiana
+$15.2K

Top Sellers

1
IAA
Independent Advisor Alliance
North Carolina
-$4.92M
2
PAS
Park Avenue Securities
New York
-$723K
3
ZA
Zazove Associates
Nevada
-$659K
4
Wells Fargo
Wells Fargo
California
-$278K
5
CA
Cornerstone Advisors
North Carolina
-$250K
Name Holding Trade Value Shares
Change 		Shares
Change %
GCIA
1
Gabelli & Co Investment Advisers
New York
$15.2M – – –
Kovitz Investment Group Partners
2
Kovitz Investment Group Partners
Illinois
$6.1M -$184K -22,315 -3%
GI
3
GAMCO Investors
Connecticut
$3.63M – – –
BI
4
Bulldog Investors
New Jersey
$3.03M +$3.03M +367,511 New
Morgan Stanley
5
Morgan Stanley
New York
$2.31M +$124K +15,097 +6%
Bank of America
6
Bank of America
North Carolina
$1.48M -$16.5K -1,999 -1%
AA
7
Ancora Advisors
Ohio
$1.44M – – –
CA
8
Cornerstone Advisors
North Carolina
$1.31M -$250K -30,385 -16%
NA
9
NewEdge Advisors
Louisiana
$1.04M +$15.2K +1,840 +1%
ZA
10
Zazove Associates
Nevada
$992K -$659K -80,000 -40%
CL
11
CSS LLC
Illinois
$961K – – –
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$796K -$5.97K -725 -0.7%
Wells Fargo
13
Wells Fargo
California
$210K -$278K -33,705 -57%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$171K +$15.4K +1,874 +10%
ICMP
15
Integrated Capital Management (Pennsylvania)
Pennsylvania
$132K -$11K -1,336 -8%
BBPWM
16
Blue Bell Private Wealth Management
Pennsylvania
$113K +$8.24K +1,000 +8%
PAG
17
Private Advisor Group
New Jersey
$98.6K – – –
VF
18
Virtu Financial
New York
$90K +$90K +10,927 New
Osaic Holdings
19
Osaic Holdings
Arizona
$34.6K -$59.2K -7,180 -63%
UBS Group
20
UBS Group
Switzerland
$27.3K -$13.9K -1,689 -34%
MSFP
21
Mark Sheptoff Financial Planning
Connecticut
$16.5K – – –
CFD
22
Creative Financial Designs
Indiana
$14.1K – – –
IAA
23
Independent Advisor Alliance
North Carolina
– -$4.92M -613,445 Closed
PAS
24
Park Avenue Securities
New York
– -$723K -90,208 Closed
WAM
25
Wolverine Asset Management
Illinois
– -$6.05K -754 Closed
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