Gabelli Dividend & Income Trust
162 hedge funds and large institutions have $522M invested in Gabelli Dividend & Income Trust in 2021 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 67 increasing their positions, 26 reducing their positions, and 16 closing their positions.
158% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 26
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
0.3% more ownership
Funds ownership: 22.08% → 22.37% (+0.3%)
1% less capital invested
Capital invested by funds: $525M → $522M (-$3.12M)
1% less funds holding
Funds holding: 163 → 162 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$7.61M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$4.48M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.09M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.78M |
| 5 |
Rockefeller Capital Management
New York
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$14.7M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$4.34M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.29M |
| 4 |
Cohen & Steers
New York
|
-$1.03M |
| 5 |
FF
FourThought Financial
Venice,
Florida
|
-$969K |
GDV Hedge Fund Activity: Q3 2021 in Review
162 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q3 2021, worth a combined $522M — down 0.59% from $525M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GDV positions and 16 closed out — a net gain of 1 holder — while 67 added to existing stakes and 26 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $7.61M. The largest seller was Karpus Investment Management, cutting an estimated $14.7M.
- 162 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q3 2021, down from 163 in Q2 2021.
- Funds reported $522M of Gabelli Dividend & Income Trust stock for Q3 2021, down 0.59% quarter-over-quarter.
- 17 funds opened new Gabelli Dividend & Income Trust positions in Q3 2021 and 16 closed out, a net change of +1 holder.
- The largest Gabelli Dividend & Income Trust buyer in Q3 2021 was Cornerstone Advisors, an estimated $7.61M added.
- The largest Gabelli Dividend & Income Trust seller in Q3 2021 was Karpus Investment Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q3 2021.