Gabelli Dividend & Income Trust
98 hedge funds and large institutions have $298M invested in Gabelli Dividend & Income Trust in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
8% more funds holding
Funds holding: 91 → 98 (+7)
6% more capital invested
Capital invested by funds: $282M → $298M (+$15.8M)
0.1% more ownership
Funds ownership: 19.36% → 19.46% (+0.1%)
7% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 28
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$9.47M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$4.02M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.11M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.46M |
| 5 |
PWP
Private Wealth Partners
Mill Valley,
California
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$8.97M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.97M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.42M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.52M |
| 5 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
-$2.5M |
GDV Hedge Fund Activity: Q4 2015 in Review
98 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q4 2015, worth a combined $298M — up 5.6% from $282M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GDV positions and 11 closed out — a net gain of 7 holders — while 26 added to existing stakes and 28 trimmed.
The largest buyer was Gabelli & Co Investment Advisers, opening a new position worth an estimated $9.47M. The largest seller was GAMCO Investors, exiting entirely with an estimated $8.97M sold.
- 98 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q4 2015, up from 91 in Q3 2015.
- Funds reported $298M of Gabelli Dividend & Income Trust stock for Q4 2015, up 5.6% quarter-over-quarter.
- 18 funds opened new Gabelli Dividend & Income Trust positions in Q4 2015 and 11 closed out, a net change of +7 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q4 2015 was Gabelli & Co Investment Advisers, an estimated $9.47M added.
- The largest Gabelli Dividend & Income Trust seller in Q4 2015 was GAMCO Investors, an estimated $8.97M sold.
Based on aggregated 13F filings for Q4 2015.