Gabelli Dividend & Income Trust
155 hedge funds and large institutions have $447M invested in Gabelli Dividend & Income Trust in 2022 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 64 increasing their positions, 35 reducing their positions, and 19 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 35
0.57% more ownership
Funds ownership: 23.07% → 23.63% (+0.57%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 161 → 155 (-6)
13% less capital invested
Capital invested by funds: $514M → $447M (-$66.9M)
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.3M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.47M |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$2.25M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.22M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.84M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.55M |
| 4 |
CWM
Cadence Wealth Management
Westborough,
Massachusetts
|
-$1.15M |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$880K |
GDV Hedge Fund Activity: Q2 2022 in Review
155 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q2 2022, worth a combined $447M — down 13% from $514M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of GDV and 14 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 64 added.
The largest buyer was Morgan Stanley, adding an estimated $8.3M. The largest seller was Bank of America, cutting an estimated $5M.
- 155 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q2 2022, down from 161 in Q1 2022.
- Funds reported $447M of Gabelli Dividend & Income Trust stock for Q2 2022, down 13% quarter-over-quarter.
- 14 funds opened new Gabelli Dividend & Income Trust positions in Q2 2022 and 19 closed out, a net change of -5 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q2 2022 was Morgan Stanley, an estimated $8.3M added.
- The largest Gabelli Dividend & Income Trust seller in Q2 2022 was Bank of America, an estimated $5M sold.
Based on aggregated 13F filings for Q2 2022.