Gabelli Dividend & Income Trust
154 hedge funds and large institutions have $431M invested in Gabelli Dividend & Income Trust in 2022 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 55 increasing their positions, 39 reducing their positions, and 14 closing their positions.
100% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 14
41% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 39
9% more funds holding
Funds holding: 141 → 154 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.15% less ownership
Funds ownership: 23.29% → 23.14% (-0.15%)
3% less capital inflows, than outflows
Capital inflows: $34.7M | Capital outflows: $35.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$7.48M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.37M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.91M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.57M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$11.8M |
| 2 |
Morgan Stanley
New York
|
-$8.37M |
| 3 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.67M |
| 4 |
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$2.81M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.75M |
GDV Hedge Fund Activity: Q4 2022 in Review
154 of the 6,241 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q4 2022, worth a combined $431M — up 6.8% from $404M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new GDV positions and 14 closed out — a net gain of 14 holders — while 55 added to existing stakes and 39 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $7.48M. The largest seller was Gabelli & Co Investment Advisers, exiting entirely with an estimated $11.8M sold.
- 154 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q4 2022, up from 141 in Q3 2022.
- Funds reported $431M of Gabelli Dividend & Income Trust stock for Q4 2022, up 6.8% quarter-over-quarter.
- 28 funds opened new Gabelli Dividend & Income Trust positions in Q4 2022 and 14 closed out, a net change of +14 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q4 2022 was Karpus Investment Management, an estimated $7.48M added.
- The largest Gabelli Dividend & Income Trust seller in Q4 2022 was Gabelli & Co Investment Advisers, an estimated $11.8M sold.
Based on aggregated 13F filings for Q4 2022.