Gabelli Dividend & Income Trust
88 hedge funds and large institutions have $314M invested in Gabelli Dividend & Income Trust in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 12 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 87 → 88 (+1)
0.29% more ownership
Funds ownership: 17.59% → 17.88% (+0.29%)
0% less capital invested
Capital invested by funds: $315M → $314M (-$1.27M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$4.01M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.83M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.76M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.33M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$881K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.97M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.06M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$533K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$512K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$506K |
GDV Hedge Fund Activity: Q1 2015 in Review
88 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q1 2015, worth a combined $314M — down 0.4% from $315M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GDV positions and 12 closed out — a net gain of 2 holders — while 27 added to existing stakes and 22 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $4.01M. The largest seller was Morgan Stanley, cutting an estimated $2.97M.
- 88 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q1 2015, up from 87 in Q4 2014.
- Funds reported $314M of Gabelli Dividend & Income Trust stock for Q1 2015, down 0.4% quarter-over-quarter.
- 14 funds opened new Gabelli Dividend & Income Trust positions in Q1 2015 and 12 closed out, a net change of +2 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q1 2015 was Shaker Financial Services, an estimated $4.01M added.
- The largest Gabelli Dividend & Income Trust seller in Q1 2015 was Morgan Stanley, an estimated $2.97M sold.
Based on aggregated 13F filings for Q1 2015.