Gabelli Dividend & Income Trust
163 hedge funds and large institutions have $525M invested in Gabelli Dividend & Income Trust in 2021 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 37 reducing their positions, and 20 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 37
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
4% more capital invested
Capital invested by funds: $506M → $525M (+$19.2M)
1% more funds holding
Funds holding: 162 → 163 (+1)
1.28% less ownership
Funds ownership: 23.36% → 22.08% (-1.3%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.88M |
| 3 |
Rockefeller Capital Management
New York
|
+$1.55M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$816K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$803K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$20.6M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.89M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.49M |
| 4 |
Cohen & Steers
New York
|
-$3.06M |
| 5 |
QC
Quantedge Capital
Singapore
|
-$2.83M |
GDV Hedge Fund Activity: Q2 2021 in Review
163 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q2 2021, worth a combined $525M — up 3.8% from $506M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GDV positions and 20 closed out — a net gain of 1 holder — while 58 added to existing stakes and 37 trimmed.
The largest buyer was Bank of America, adding an estimated $4M. The largest seller was Sit Investment Associates, cutting an estimated $20.6M.
- 163 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q2 2021, up from 162 in Q1 2021.
- Funds reported $525M of Gabelli Dividend & Income Trust stock for Q2 2021, up 3.8% quarter-over-quarter.
- 21 funds opened new Gabelli Dividend & Income Trust positions in Q2 2021 and 20 closed out, a net change of +1 holder.
- The largest Gabelli Dividend & Income Trust buyer in Q2 2021 was Bank of America, an estimated $4M added.
- The largest Gabelli Dividend & Income Trust seller in Q2 2021 was Sit Investment Associates, an estimated $20.6M sold.
Based on aggregated 13F filings for Q2 2021.