Gabelli Dividend & Income Trust
141 hedge funds and large institutions have $404M invested in Gabelli Dividend & Income Trust in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 49 increasing their positions, 43 reducing their positions, and 25 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 43
0.34% less ownership
Funds ownership: 23.63% → 23.29% (-0.34%)
9% less funds holding
Funds holding: 155 → 141 (-14)
10% less capital invested
Capital invested by funds: $447M → $404M (-$42.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$6.82M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.55M |
| 3 |
Cohen & Steers
New York
|
+$821K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$718K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$541K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$5.95M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.71M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.7M |
| 4 |
Morgan Stanley
New York
|
-$1.4M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.08M |
GDV Hedge Fund Activity: Q3 2022 in Review
141 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q3 2022, worth a combined $404M — down 9.6% from $447M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of GDV and 12 opened new positions — a net loss of 13 holders — while 43 trimmed existing stakes and 49 added.
The largest buyer was Allspring Global Investments, adding an estimated $6.82M. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $5.95M sold.
- 141 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q3 2022, down from 155 in Q2 2022.
- Funds reported $404M of Gabelli Dividend & Income Trust stock for Q3 2022, down 9.6% quarter-over-quarter.
- 12 funds opened new Gabelli Dividend & Income Trust positions in Q3 2022 and 25 closed out, a net change of -13 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q3 2022 was Allspring Global Investments, an estimated $6.82M added.
- The largest Gabelli Dividend & Income Trust seller in Q3 2022 was Cornerstone Advisors, an estimated $5.95M sold.
Based on aggregated 13F filings for Q3 2022.