Gabelli Dividend & Income Trust
101 hedge funds and large institutions have $319M invested in Gabelli Dividend & Income Trust in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 30 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
23% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 30
4% more funds holding
Funds holding: 97 → 101 (+4)
4% more capital invested
Capital invested by funds: $306M → $319M (+$13M)
0.28% more ownership
Funds ownership: 16.98% → 17.26% (+0.28%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$4.17M |
| 2 |
Morgan Stanley
New York
|
+$3.08M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.55M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.35M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.73M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.7M |
| 3 |
Cohen & Steers
New York
|
-$1.79M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.23M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$870K |
GDV Hedge Fund Activity: Q3 2017 in Review
101 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q3 2017, worth a combined $319M — up 4.3% from $306M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new GDV positions and 6 closed out — a net gain of 5 holders — while 37 added to existing stakes and 30 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $4.17M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $2.73M sold.
- 101 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q3 2017, up from 97 in Q2 2017.
- Funds reported $319M of Gabelli Dividend & Income Trust stock for Q3 2017, up 4.3% quarter-over-quarter.
- 11 funds opened new Gabelli Dividend & Income Trust positions in Q3 2017 and 6 closed out, a net change of +5 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q3 2017 was Shaker Financial Services, an estimated $4.17M added.
- The largest Gabelli Dividend & Income Trust seller in Q3 2017 was 1832 Asset Management, an estimated $2.73M sold.
Based on aggregated 13F filings for Q3 2017.