Gabelli Dividend & Income Trust
128 hedge funds and large institutions have $332M invested in Gabelli Dividend & Income Trust in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 27 reducing their positions, and 14 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 27
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
7% more capital invested
Capital invested by funds: $311M → $332M (+$20.9M)
2% more funds holding
Funds holding: 126 → 128 (+2)
0.12% more ownership
Funds ownership: 16.74% → 16.86% (+0.12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.39M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$792K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$785K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$763K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$618K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.58M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.15M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$759K |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
-$485K |
| 5 |
Morgan Stanley
New York
|
-$465K |
GDV Hedge Fund Activity: Q3 2018 in Review
128 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q3 2018, worth a combined $332M — up 6.7% from $311M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GDV positions and 14 closed out — a net gain of 2 holders — while 35 added to existing stakes and 27 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $2.39M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $1.58M.
- 128 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q3 2018, up from 126 in Q2 2018.
- Funds reported $332M of Gabelli Dividend & Income Trust stock for Q3 2018, up 6.7% quarter-over-quarter.
- 16 funds opened new Gabelli Dividend & Income Trust positions in Q3 2018 and 14 closed out, a net change of +2 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q3 2018 was Shaker Financial Services, an estimated $2.39M added.
- The largest Gabelli Dividend & Income Trust seller in Q3 2018 was Cambridge Investment Research Advisors, an estimated $1.58M sold.
Based on aggregated 13F filings for Q3 2018.