Gabelli Dividend & Income Trust
121 hedge funds and large institutions have $308M invested in Gabelli Dividend & Income Trust in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 31 reducing their positions, and 15 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 31
10% more capital invested
Capital invested by funds: $281M → $308M (+$26.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
1% less funds holding
Funds holding: 122 → 121 (-1)
1.05% less ownership
Funds ownership: 18.63% → 17.57% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.28M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$473K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$391K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$372K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$352K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$3.64M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.7M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.52M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.18M |
| 5 |
Morgan Stanley
New York
|
-$1.71M |
GDV Hedge Fund Activity: Q1 2019 in Review
121 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q1 2019, worth a combined $308M — up 9.6% from $281M a quarter earlier.
Fund positioning in GDV was balanced in Q1 2019: 15 funds opened new positions, 15 closed out, 41 added to existing stakes and 31 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.28M. The largest seller was HBK Investments, exiting entirely with an estimated $3.64M sold.
- 121 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q1 2019, down from 122 in Q4 2018.
- Funds reported $308M of Gabelli Dividend & Income Trust stock for Q1 2019, up 9.6% quarter-over-quarter.
- 15 funds opened new Gabelli Dividend & Income Trust positions in Q1 2019 and 15 closed out, a net change of 0 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q1 2019 was Raymond James & Associates, an estimated $1.28M added.
- The largest Gabelli Dividend & Income Trust seller in Q1 2019 was HBK Investments, an estimated $3.64M sold.
Based on aggregated 13F filings for Q1 2019.