Gabelli Dividend & Income Trust
184 hedge funds and large institutions have $774M invested in Gabelli Dividend & Income Trust in 2025 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 53 increasing their positions, 53 reducing their positions, and 12 closing their positions.
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
6% more funds holding
Funds holding: 173 → 184 (+11)
1% more capital invested
Capital invested by funds: $765M → $774M (+$8.73M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 53
1% less ownership
Funds ownership: 33.05% → 32.05% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.53M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.39M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.33M |
| 4 |
Cohen & Steers
New York
|
+$1.09M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$922K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$17.4M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.45M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.26M |
| 4 |
PAS
Park Avenue Securities
New York
|
-$2.17M |
| 5 |
QC
Quantedge Capital
Singapore
|
-$2.01M |
GDV Hedge Fund Activity: Q3 2025 in Review
184 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q3 2025, worth a combined $774M — up 1.1% from $765M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new GDV positions and 12 closed out — a net gain of 13 holders — while 53 added to existing stakes and 53 trimmed.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $2.53M. The largest seller was Saba Capital Management, cutting an estimated $17.4M.
- 184 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q3 2025, up from 173 in Q2 2025.
- Funds reported $774M of Gabelli Dividend & Income Trust stock for Q3 2025, up 1.1% quarter-over-quarter.
- 25 funds opened new Gabelli Dividend & Income Trust positions in Q3 2025 and 12 closed out, a net change of +13 holders.
- The largest Gabelli Dividend & Income Trust buyer in Q3 2025 was Thomas J. Herzfeld Advisors, an estimated $2.53M added.
- The largest Gabelli Dividend & Income Trust seller in Q3 2025 was Saba Capital Management, an estimated $17.4M sold.
Based on aggregated 13F filings for Q3 2025.