Gabelli Dividend & Income Trust
160 hedge funds and large institutions have $483M invested in Gabelli Dividend & Income Trust in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
10% more capital invested
Capital invested by funds: $441M → $483M (+$42.5M)
3% more funds holding
Funds holding: 156 → 160 (+4)
1.86% more ownership
Funds ownership: 23.43% → 25.29% (+1.9%)
6% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$12.9M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$9.5M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.23M |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
+$2.3M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$825K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$821K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$684K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$612K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$568K |
GDV Hedge Fund Activity: Q2 2023 in Review
160 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q2 2023, worth a combined $483M — up 9.6% from $441M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GDV positions and 6 closed out — a net gain of 6 holders — while 53 added to existing stakes and 50 trimmed.
The largest buyer was Gabelli & Co Investment Advisers, opening a new position worth an estimated $12.9M. The largest seller was Sargent Investment Group, cutting an estimated $825K.
- 160 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q2 2023, up from 156 in Q1 2023.
- Funds reported $483M of Gabelli Dividend & Income Trust stock for Q2 2023, up 9.6% quarter-over-quarter.
- 12 funds opened new Gabelli Dividend & Income Trust positions in Q2 2023 and 6 closed out, a net change of +6 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q2 2023 was Gabelli & Co Investment Advisers, an estimated $12.9M added.
- The largest Gabelli Dividend & Income Trust seller in Q2 2023 was Sargent Investment Group, an estimated $825K sold.
Based on aggregated 13F filings for Q2 2023.