Gabelli Dividend & Income Trust
182 hedge funds and large institutions have $739M invested in Gabelli Dividend & Income Trust in 2026 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 61 increasing their positions, 52 reducing their positions, and 17 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 52
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less ownership
Funds ownership: 31.8% → 30.8% (-1%)
2% less funds holding
Funds holding: 186 → 182 (-4)
6% less capital invested
Capital invested by funds: $786M → $739M (-$47.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.73M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.87M |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$1.82M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.63M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$18.2M |
| 2 |
Morgan Stanley
New York
|
-$6.33M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.28M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.71M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.63M |
GDV Hedge Fund Activity: Q1 2026 in Review
182 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Gabelli Dividend & Income Trust (GDV) for Q1 2026, worth a combined $739M — down 6% from $786M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GDV positions and 17 closed out — a net gain of 1 holder — while 61 added to existing stakes and 52 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $4.73M. The largest seller was Saba Capital Management, cutting an estimated $18.2M.
- 182 institutional investors held Gabelli Dividend & Income Trust (GDV) as of Q1 2026, down from 186 in Q4 2025.
- Funds reported $739M of Gabelli Dividend & Income Trust stock for Q1 2026, down 6% quarter-over-quarter.
- 18 funds opened new Gabelli Dividend & Income Trust positions in Q1 2026 and 17 closed out, a net change of +1 holder.
- The largest Gabelli Dividend & Income Trust buyer in Q1 2026 was Sit Investment Associates, an estimated $4.73M added.
- The largest Gabelli Dividend & Income Trust seller in Q1 2026 was Saba Capital Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q1 2026.