Gabelli Dividend & Income Trust
114 hedge funds and large institutions have $312M invested in Gabelli Dividend & Income Trust in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 16 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 33
1% more capital invested
Capital invested by funds: $308M → $312M (+$4.21M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.09% less ownership
Funds ownership: 17.57% → 17.48% (-0.09%)
6% less funds holding
Funds holding: 121 → 114 (-7)
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$5.92M |
| 2 |
Morgan Stanley
New York
|
+$959K |
| 3 |
Cohen & Steers
New York
|
+$663K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$595K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$359K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.09M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.49M |
| 3 |
SMG
Smart Money Group
Eastland,
Texas
|
-$1.34M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.27M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$721K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
126
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$7K | -350 | Closed |
|
|
MFW
127
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$4K | -200 | Closed |
|
|
AA
128
Advisory Alpha
Holland,
Michigan
| – | -$3.92K | -183 | Closed |
|
129
Fidelity Investments
Boston,
Massachusetts
| – | +$21 | +1 | New |
|
GDV Hedge Fund Activity: Q2 2019 in Review
114 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q2 2019, worth a combined $312M — up 1.4% from $308M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of GDV and 10 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 35 added.
The largest buyer was Raymond James & Associates, adding an estimated $5.92M. The largest seller was Shaker Financial Services, cutting an estimated $3.09M.
- 114 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q2 2019, down from 121 in Q1 2019.
- Funds reported $312M of Gabelli Dividend & Income Trust stock for Q2 2019, up 1.4% quarter-over-quarter.
- 10 funds opened new Gabelli Dividend & Income Trust positions in Q2 2019 and 16 closed out, a net change of -6 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q2 2019 was Raymond James & Associates, an estimated $5.92M added.
- The largest Gabelli Dividend & Income Trust seller in Q2 2019 was Shaker Financial Services, an estimated $3.09M sold.
Based on aggregated 13F filings for Q2 2019.