Gabelli Dividend & Income Trust
133 hedge funds and large institutions have $386M invested in Gabelli Dividend & Income Trust in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 39 reducing their positions, and 15 closing their positions.
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
5% more capital invested
Capital invested by funds: $369M → $386M (+$17.1M)
1% more funds holding
Funds holding: 132 → 133 (+1)
0.09% more ownership
Funds ownership: 23.09% → 23.18% (+0.09%)
5% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$6.62M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.82M |
| 3 |
Cohen & Steers
New York
|
+$1.62M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.59M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.35M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$4.19M |
| 3 |
Morgan Stanley
New York
|
-$3.92M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$772K |
| 5 |
Goldman Sachs
New York
|
-$556K |
GDV Hedge Fund Activity: Q3 2020 in Review
133 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q3 2020, worth a combined $386M — up 4.6% from $369M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GDV positions and 15 closed out — a net gain of 1 holder — while 37 added to existing stakes and 39 trimmed.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $6.62M. The largest seller was UBS Group, cutting an estimated $4.35M.
- 133 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q3 2020, up from 132 in Q2 2020.
- Funds reported $386M of Gabelli Dividend & Income Trust stock for Q3 2020, up 4.6% quarter-over-quarter.
- 16 funds opened new Gabelli Dividend & Income Trust positions in Q3 2020 and 15 closed out, a net change of +1 holder.
- The largest Gabelli Dividend & Income Trust buyer in Q3 2020 was Cornerstone Advisors, an estimated $6.62M added.
- The largest Gabelli Dividend & Income Trust seller in Q3 2020 was UBS Group, an estimated $4.35M sold.
Based on aggregated 13F filings for Q3 2020.