Gabelli Dividend & Income Trust
99 hedge funds and large institutions have $302M invested in Gabelli Dividend & Income Trust in 2016 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
76% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 21
10% more funds holding
Funds holding: 90 → 99 (+9)
8% more capital invested
Capital invested by funds: $280M → $302M (+$21.8M)
0.65% more ownership
Funds ownership: 17.62% → 18.27% (+0.65%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.36M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.96M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.05M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.73M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$4.59M |
| 2 |
PWP
Private Wealth Partners
Mill Valley,
California
|
-$2M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.94M |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.54M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.45M |
GDV Hedge Fund Activity: Q4 2016 in Review
99 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q4 2016, worth a combined $302M — up 7.8% from $280M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new GDV positions and 11 closed out — a net gain of 11 holders — while 37 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.36M. The largest seller was Shaker Financial Services, cutting an estimated $4.59M.
- 99 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q4 2016, up from 90 in Q3 2016.
- Funds reported $302M of Gabelli Dividend & Income Trust stock for Q4 2016, up 7.8% quarter-over-quarter.
- 22 funds opened new Gabelli Dividend & Income Trust positions in Q4 2016 and 11 closed out, a net change of +11 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q4 2016 was Morgan Stanley, an estimated $8.36M added.
- The largest Gabelli Dividend & Income Trust seller in Q4 2016 was Shaker Financial Services, an estimated $4.59M sold.
Based on aggregated 13F filings for Q4 2016.