Gabelli Multimedia Trust
GGT
29 hedge funds and large institutions have $18.8M invested in Gabelli Multimedia Trust in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
16% more funds holding
Funds holding: 25 → 29 (+4)
8% more capital invested
Capital invested by funds: $17.4M → $18.8M (+$1.38M)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
1.6% less ownership
Funds ownership: 10.44% → 8.83% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$464K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$294K |
| 3 |
Barclays
London,
United Kingdom
|
+$139K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$134K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$18.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$3.32M |
| 2 |
Morgan Stanley
New York
|
-$1.12M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$499K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$294K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$242K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DADC
26
D.A. Davidson & Co
Great Falls,
Montana
| $2K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $2K | +$1.74K | +171 | New |
|
|
PFSC
28
Peoples Financial Services Corp
Dunmore,
Pennsylvania
| $2K | +$2.15K | +211 | New |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $1K | +$663 | +65 | New |
|
|
30
Lazard Asset Management
New York
| – | -$3.32M | -358,813 | Closed |
|
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$294K | -31,760 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$242K | -26,154 | Closed |
|
|
DA
33
Doliver Advisors
Houston,
Texas
| – | -$151K | -16,376 | Closed |
|
|
DT
34
Diversified Trust
Memphis,
Tennessee
| – | -$143K | -15,430 | Closed |
|
GGT Hedge Fund Activity: Q4 2013 in Review
29 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q4 2013, worth a combined $18.8M — up 7.9% from $17.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GGT positions and 5 closed out — a net gain of 5 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $464K. The largest seller was Lazard Asset Management, exiting entirely with an estimated $3.32M sold.
- 29 institutional investors held Gabelli Multimedia Trust (GGT) as of Q4 2013, up from 25 in Q3 2013.
- Funds reported $18.8M of Gabelli Multimedia Trust stock for Q4 2013, up 7.9% quarter-over-quarter.
- 10 funds opened new Gabelli Multimedia Trust positions in Q4 2013 and 5 closed out, a net change of +5 holders.
- The largest Gabelli Multimedia Trust buyer in Q4 2013 was SG Americas Securities, an estimated $464K added.
- The largest Gabelli Multimedia Trust seller in Q4 2013 was Lazard Asset Management, an estimated $3.32M sold.
Based on aggregated 13F filings for Q4 2013.