Gabelli Dividend & Income Trust
94 hedge funds and large institutions have $320M invested in Gabelli Dividend & Income Trust in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
7% more funds holding
Funds holding: 88 → 94 (+6)
2% more capital invested
Capital invested by funds: $314M → $320M (+$5.7M)
0.68% more ownership
Funds ownership: 17.88% → 18.56% (+0.68%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.94M |
| 2 |
Morgan Stanley
New York
|
+$4.68M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.08M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.05M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.06M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.49M |
| 3 |
PWP
Private Wealth Partners
Mill Valley,
California
|
-$1.2M |
| 4 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
-$1.03M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$857K |
GDV Hedge Fund Activity: Q2 2015 in Review
94 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q2 2015, worth a combined $320M — up 1.8% from $314M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GDV positions and 6 closed out — a net gain of 7 holders — while 24 added to existing stakes and 28 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $6.94M. The largest seller was Advisors Asset Management, cutting an estimated $4.06M.
- 94 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q2 2015, up from 88 in Q1 2015.
- Funds reported $320M of Gabelli Dividend & Income Trust stock for Q2 2015, up 1.8% quarter-over-quarter.
- 13 funds opened new Gabelli Dividend & Income Trust positions in Q2 2015 and 6 closed out, a net change of +7 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q2 2015 was Karpus Investment Management, an estimated $6.94M added.
- The largest Gabelli Dividend & Income Trust seller in Q2 2015 was Advisors Asset Management, an estimated $4.06M sold.
Based on aggregated 13F filings for Q2 2015.