Gabelli Dividend & Income Trust
91 hedge funds and large institutions have $282M invested in Gabelli Dividend & Income Trust in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 8 closing their positions.
0.8% more ownership
Funds ownership: 18.56% → 19.36% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
3% less funds holding
Funds holding: 94 → 91 (-3)
12% less capital invested
Capital invested by funds: $320M → $282M (-$37.5M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$16.5M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.55M |
| 3 |
Morgan Stanley
New York
|
+$3.23M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.83M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$9.39M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.98M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.79M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.1M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.1M |
GDV Hedge Fund Activity: Q3 2015 in Review
91 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q3 2015, worth a combined $282M — down 12% from $320M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GDV and 6 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 28 added.
The largest buyer was Karpus Investment Management, adding an estimated $16.5M. The largest seller was Lazard Asset Management, cutting an estimated $9.39M.
- 91 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q3 2015, down from 94 in Q2 2015.
- Funds reported $282M of Gabelli Dividend & Income Trust stock for Q3 2015, down 12% quarter-over-quarter.
- 6 funds opened new Gabelli Dividend & Income Trust positions in Q3 2015 and 8 closed out, a net change of -2 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q3 2015 was Karpus Investment Management, an estimated $16.5M added.
- The largest Gabelli Dividend & Income Trust seller in Q3 2015 was Lazard Asset Management, an estimated $9.39M sold.
Based on aggregated 13F filings for Q3 2015.