Gabelli Dividend & Income Trust
171 hedge funds and large institutions have $696M invested in Gabelli Dividend & Income Trust in 2024 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 42 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
38% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 42
21% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 19
1.53% more ownership
Funds ownership: 30.47% → 32% (+1.5%)
4% more capital invested
Capital invested by funds: $669M → $696M (+$26.5M)
1% less funds holding
Funds holding: 172 → 171 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$19.8M |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$15.5M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$10M |
| 4 |
JRCM
Jones Road Capital Management
New York
|
+$4.94M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$5.49M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.87M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.41M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.81M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.24M |
GDV Hedge Fund Activity: Q4 2024 in Review
171 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q4 2024, worth a combined $696M — up 4% from $669M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GDV positions and 19 closed out — a net gain of 4 holders — while 58 added to existing stakes and 42 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $19.8M. The largest seller was Allspring Global Investments, cutting an estimated $5.49M.
- 171 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q4 2024, down from 172 in Q3 2024.
- Funds reported $696M of Gabelli Dividend & Income Trust stock for Q4 2024, up 4% quarter-over-quarter.
- 23 funds opened new Gabelli Dividend & Income Trust positions in Q4 2024 and 19 closed out, a net change of +4 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q4 2024 was Saba Capital Management, an estimated $19.8M added.
- The largest Gabelli Dividend & Income Trust seller in Q4 2024 was Allspring Global Investments, an estimated $5.49M sold.
Based on aggregated 13F filings for Q4 2024.