Gabelli Dividend & Income Trust
120 hedge funds and large institutions have $313M invested in Gabelli Dividend & Income Trust in 2017 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 9 closing their positions.
222% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 9
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
19% more funds holding
Funds holding: 101 → 120 (+19)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $319M → $313M (-$5.14M)
1.02% less ownership
Funds ownership: 17.26% → 16.24% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.74M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$2.26M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.27M |
| 4 |
Morgan Stanley
New York
|
+$945K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$851K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$12.2M |
| 2 |
Cohen & Steers
New York
|
-$9.14M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.31M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$888K |
GDV Hedge Fund Activity: Q4 2017 in Review
120 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q4 2017, worth a combined $313M — down 1.6% from $319M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new GDV positions and 9 closed out — a net gain of 20 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $2.74M. The largest seller was Gabelli & Co Investment Advisers, exiting entirely with an estimated $12.2M sold.
- 120 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q4 2017, up from 101 in Q3 2017.
- Funds reported $313M of Gabelli Dividend & Income Trust stock for Q4 2017, down 1.6% quarter-over-quarter.
- 29 funds opened new Gabelli Dividend & Income Trust positions in Q4 2017 and 9 closed out, a net change of +20 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q4 2017 was Curi RMB Capital, an estimated $2.74M added.
- The largest Gabelli Dividend & Income Trust seller in Q4 2017 was Gabelli & Co Investment Advisers, an estimated $12.2M sold.
Based on aggregated 13F filings for Q4 2017.