Gabelli Dividend & Income Trust
179 hedge funds and large institutions have $542M invested in Gabelli Dividend & Income Trust in 2021 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 62 increasing their positions, 38 reducing their positions, and 14 closing their positions.
136% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 14
63% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 38
10% more funds holding
Funds holding: 162 → 179 (+17)
4% more capital invested
Capital invested by funds: $522M → $542M (+$20M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.17% less ownership
Funds ownership: 22.37% → 22.21% (-0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.87M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.88M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$946K |
| 4 |
5L
55I LLC
Boston,
Massachusetts
|
+$840K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$674K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$11.5M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.8M |
| 3 |
Morgan Stanley
New York
|
-$1.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.18M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.17M |
GDV Hedge Fund Activity: Q4 2021 in Review
179 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q4 2021, worth a combined $542M — up 3.8% from $522M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new GDV positions and 14 closed out — a net gain of 19 holders — while 62 added to existing stakes and 38 trimmed.
The largest buyer was Bank of America, adding an estimated $3.87M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $11.5M sold.
- 179 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q4 2021, up from 162 in Q3 2021.
- Funds reported $542M of Gabelli Dividend & Income Trust stock for Q4 2021, up 3.8% quarter-over-quarter.
- 33 funds opened new Gabelli Dividend & Income Trust positions in Q4 2021 and 14 closed out, a net change of +19 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q4 2021 was Bank of America, an estimated $3.87M added.
- The largest Gabelli Dividend & Income Trust seller in Q4 2021 was Cornerstone Advisors, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2021.