Gabelli Dividend & Income Trust
156 hedge funds and large institutions have $441M invested in Gabelli Dividend & Income Trust in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 42 reducing their positions, and 13 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 42
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
1% more funds holding
Funds holding: 154 → 156 (+2)
2% more capital invested
Capital invested by funds: $431M → $441M (+$9.33M)
0.28% more ownership
Funds ownership: 23.14% → 23.43% (+0.28%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.08M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.47M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.29M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.91M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.45M |
| 2 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$2.38M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.77M |
| 4 |
WIM
WealthPlan Investment Management
Omaha,
Nebraska
|
-$1.26M |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$1M |
GDV Hedge Fund Activity: Q1 2023 in Review
156 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q1 2023, worth a combined $441M — up 2.2% from $431M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GDV positions and 13 closed out — a net gain of 3 holders — while 56 added to existing stakes and 42 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.08M. The largest seller was Bank of America, cutting an estimated $2.45M.
- 156 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q1 2023, up from 154 in Q4 2022.
- Funds reported $441M of Gabelli Dividend & Income Trust stock for Q1 2023, up 2.2% quarter-over-quarter.
- 16 funds opened new Gabelli Dividend & Income Trust positions in Q1 2023 and 13 closed out, a net change of +3 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q1 2023 was Morgan Stanley, an estimated $4.08M added.
- The largest Gabelli Dividend & Income Trust seller in Q1 2023 was Bank of America, an estimated $2.45M sold.
Based on aggregated 13F filings for Q1 2023.