Gabelli Dividend & Income Trust
126 hedge funds and large institutions have $311M invested in Gabelli Dividend & Income Trust in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 17 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
2% more capital invested
Capital invested by funds: $305M → $311M (+$6.89M)
0.04% more ownership
Funds ownership: 16.71% → 16.74% (+0.04%)
0% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 17
1% less funds holding
Funds holding: 127 → 126 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$1.34M |
| 2 |
Cohen & Steers
New York
|
+$1.19M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.17M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$958K |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$722K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.22M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.47M |
| 3 |
Millennium Management
New York
|
-$1.4M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.06M |
| 5 |
1WA
180 Wealth Advisors
Federal Way,
Washington
|
-$496K |
GDV Hedge Fund Activity: Q2 2018 in Review
126 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q2 2018, worth a combined $311M — up 2.3% from $305M a quarter earlier.
Fund positioning in GDV was balanced in Q2 2018: 17 funds opened new positions, 17 closed out, 35 added to existing stakes and 29 trimmed.
The largest buyer was Stifel Financial, adding an estimated $1.34M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $2.22M sold.
- 126 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q2 2018, down from 127 in Q1 2018.
- Funds reported $311M of Gabelli Dividend & Income Trust stock for Q2 2018, up 2.3% quarter-over-quarter.
- 17 funds opened new Gabelli Dividend & Income Trust positions in Q2 2018 and 17 closed out, a net change of 0 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q2 2018 was Stifel Financial, an estimated $1.34M added.
- The largest Gabelli Dividend & Income Trust seller in Q2 2018 was 1832 Asset Management, an estimated $2.22M sold.
Based on aggregated 13F filings for Q2 2018.