We are live on ! Find out more
GDV icon

Gabelli Dividend & Income Trust
GDV

97 hedge funds and large institutions have $305M invested in Gabelli Dividend & Income Trust in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 36 increasing their positions, 22 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

64% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 22

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

7% more funds holding

Funds holding: 91 → 97 (+6)

3% more capital invested

Capital invested by funds: $296M → $305M (+$9.26M)

0.25% less ownership

Funds ownership: 17.22% → 16.98% (-0.25%)

Holders
97
Holders Change
+6
Holders Change %
+6.59%
% of All Funds
2.42%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
17
Increased
36
Reduced
22
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SFS
Shaker Financial Services
Virginia
+$4.11M
2
Morgan Stanley
Morgan Stanley
New York
+$2.22M
3
William Blair & Company
William Blair & Company
Illinois
+$424K
4
DA
Doliver Advisors
Texas
+$385K
5
First Trust Advisors
First Trust Advisors
Illinois
+$287K

Top Sellers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
-$2.51M
2
Cohen & Steers
Cohen & Steers
New York
-$2.45M
3
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
-$2.04M
4
Wells Fargo
Wells Fargo
California
-$2.03M
5
KIM
Karpus Investment Management
New York
-$906K
Name Holding Trade Value Shares
Change 		Change in
Stake
PMFA
76
Plante Moran Financial Advisors
Michigan
$40K +$39.7K +1,850 New
AIM
77
Advantage Investment Management
Iowa
$38K +$5.37K +250 +17%
Thrivent Financial for Lutherans
78
Thrivent Financial for Lutherans
Minnesota
$33K +$32.2K +1,500 New
MWM
79
Mascoma Wealth Management
New Hampshire
$31K – – –
PFBT
80
Parkside Financial Bank & Trust
Missouri
$31K – – –
AF
81
Arrow Financial
New York
$29K – – –
EWM
82
Edge Wealth Management
New York
$26K – – –
PA
83
Parallel Advisors
California
$25K – – –
PAI
84
Pittenger & Anderson Inc
Nebraska
$25K – – –
FWM
85
Focused Wealth Management
New York
$23K +$193 +9 +0.9%
BBHC
86
Brown Brothers Harriman & Co
New York
$22K – – –
SSB
87
Sandy Spring Bank
Maryland
$21K +$20.4K +950 New
SFG
88
SevenBridge Financial Group
Pennsylvania
$17K – – –
JCM
89
Jacobi Capital Management
Pennsylvania
$16K +$15.9K +739 New
PFGIA
90
Patriot Financial Group Insurance Agency
Massachusetts
$11K – – –
BFEC
91
Benjamin F. Edwards & Company
Missouri
$8K – – –
Northwestern Mutual Wealth Management
92
Northwestern Mutual Wealth Management
Wisconsin
$7K +$6.53K +304 New
MRCM
93
M&R Capital Management
New Jersey
$6K – – –
JWA
94
JFS Wealth Advisors
Pennsylvania
$5K +$4.94K +230 New
GI
95
Gradient Investments
Minnesota
$4K – – –
YWP
96
YorkBridge Wealth Partners
New York
$2K – – –
TRCT
97
Tower Research Capital (TRC)
New York
$1K +$1.07K +50 New
IWM
98
IHT Wealth Management
Illinois
$254 +$3.93K +183 +3%
Bank of Nova Scotia
99
Bank of Nova Scotia
Ontario, Canada
– -$2.04M -97,958 Closed
KIM
100
Karpus Investment Management
New York
– -$906K -43,423 Closed
1 2 3
4
5

GDV Hedge Fund Activity: Q2 2017 in Review

97 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q2 2017, worth a combined $305M — up 3.1% from $296M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new GDV positions and 11 closed out — a net gain of 6 holders — while 36 added to existing stakes and 22 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $4.11M. The largest seller was LPL Financial, cutting an estimated $2.51M.

  • 97 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q2 2017, up from 91 in Q1 2017.
  • Funds reported $305M of Gabelli Dividend & Income Trust stock for Q2 2017, up 3.1% quarter-over-quarter.
  • 17 funds opened new Gabelli Dividend & Income Trust positions in Q2 2017 and 11 closed out, a net change of +6 holders.
  • The largest Gabelli Dividend & Income Trust buyer in Q2 2017 was Shaker Financial Services, an estimated $4.11M added.
  • The largest Gabelli Dividend & Income Trust seller in Q2 2017 was LPL Financial, an estimated $2.51M sold.

Based on aggregated 13F filings for Q2 2017.