Gabelli Dividend & Income Trust
121 hedge funds and large institutions have $330M invested in Gabelli Dividend & Income Trust in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 10 closing their positions.
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
6% more funds holding
Funds holding: 114 → 121 (+7)
6% more capital invested
Capital invested by funds: $312M → $330M (+$17.6M)
1.12% more ownership
Funds ownership: 17.48% → 18.6% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.82M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.28M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.34M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.2M |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$651K |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$425K |
| 3 |
Cohen & Steers
New York
|
-$393K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$217K |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$200K |
GDV Hedge Fund Activity: Q3 2019 in Review
121 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q3 2019, worth a combined $330M — up 5.6% from $312M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GDV positions and 10 closed out — a net gain of 8 holders — while 36 added to existing stakes and 25 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $7.82M. The largest seller was Bank of America, cutting an estimated $651K.
- 121 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q3 2019, up from 114 in Q2 2019.
- Funds reported $330M of Gabelli Dividend & Income Trust stock for Q3 2019, up 5.6% quarter-over-quarter.
- 18 funds opened new Gabelli Dividend & Income Trust positions in Q3 2019 and 10 closed out, a net change of +8 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q3 2019 was Credit Suisse, an estimated $7.82M added.
- The largest Gabelli Dividend & Income Trust seller in Q3 2019 was Bank of America, an estimated $651K sold.
Based on aggregated 13F filings for Q3 2019.