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Gabelli Dividend & Income Trust

173 hedge funds and large institutions have $765M invested in Gabelli Dividend & Income Trust in 2025 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 57 increasing their positions, 57 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 15

9% more capital invested

Capital invested by funds: $705M → $765M (+$60.4M)

2% more funds holding

Funds holding: 170173 (+3)

0.23% more ownership

Funds ownership: 32.82%33.05% (+0.23%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 57

Holders
173
Holders Change
+3
Holders Change %
+1.76%
% of All Funds
2.28%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
18
Increased
57
Reduced
57
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$217M +$6.76M +280,447 +3%
SCM
2
Saba Capital Management
New York
$176M +$10.1M +419,570 +7%
KIM
3
Karpus Investment Management
New York
$46.5M +$369K +15,299 +0.9%
Raymond James Financial
4
Raymond James Financial
Florida
$35.4M +$748K +31,024 +2%
Wells Fargo
5
Wells Fargo
California
$32.8M -$3.56M -147,700 -10%
Allspring Global Investments
6
Allspring Global Investments
North Carolina
$16.5M +$4.2M +174,392 +38%
GCIA
7
Gabelli & Co Investment Advisers
New York
$16.3M
SIA
8
Sit Investment Associates
Minnesota
$16.2M -$6.71M -278,282 -31%
Bank of America
9
Bank of America
North Carolina
$16.1M -$779K -32,317 -5%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$14.5M +$107K +4,460 +0.8%
LPL Financial
11
LPL Financial
California
$13.1M +$1.31M +54,486 +12%
AAM
12
Advisors Asset Management
Colorado
$12.9M +$74K +3,072 +0.6%
BI
13
Bulldog Investors
New Jersey
$7.83M -$4.82K -200 -0.1%
SPIA
14
Steward Partners Investment Advisory
New York
$7.77M +$52K +2,158 +0.7%
Cohen & Steers
15
Cohen & Steers
New York
$7.72M +$434K +18,000 +6%
Capstone Investment Advisors
16
Capstone Investment Advisors
New York
$6.82M
Stifel Financial
17
Stifel Financial
Missouri
$6.46M +$60.8K +2,524 +1%
Rockefeller Capital Management
18
Rockefeller Capital Management
New York
$6.16M +$861K +35,727 +18%
PAG
19
Private Advisor Group
New Jersey
$4.91M +$150K +6,221 +3%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$4.86M -$154K -6,405 -3%
OC
21
Oppenheimer & Co
New York
$4.32M +$162K +6,711 +4%
Wealth Enhancement Advisory Services
22
Wealth Enhancement Advisory Services
Minnesota
$4.24M -$231K -9,604 -6%
Verition Fund Management
23
Verition Fund Management
Connecticut
$3.47M +$3.22M +133,426 New
UBS Group
24
UBS Group
Switzerland
$3.32M -$80.5K -3,341 -3%
QC
25
Quantedge Capital
Singapore
$3.31M -$610K -25,300 -17%

GDV Hedge Fund Activity: Q2 2025 in Review

173 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q2 2025, worth a combined $765M — up 8.6% from $705M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new GDV positions and 15 closed out — a net gain of 3 holders — while 57 added to existing stakes and 57 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $10.1M. The largest seller was Sit Investment Associates, cutting an estimated $6.71M.

  • 173 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q2 2025, up from 170 in Q1 2025.
  • Funds reported $765M of Gabelli Dividend & Income Trust stock for Q2 2025, up 8.6% quarter-over-quarter.
  • 18 funds opened new Gabelli Dividend & Income Trust positions in Q2 2025 and 15 closed out, a net change of +3 holders.
  • The largest Gabelli Dividend & Income Trust buyer in Q2 2025 was Saba Capital Management, an estimated $10.1M added.
  • The largest Gabelli Dividend & Income Trust seller in Q2 2025 was Sit Investment Associates, an estimated $6.71M sold.

Based on aggregated 13F filings for Q2 2025.