Gabelli Multimedia Trust
GGT
29 hedge funds and large institutions have $12.8M invested in Gabelli Multimedia Trust in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 6 closing their positions.
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
1.92% less ownership
Funds ownership: 8.83% → 6.92% (-1.9%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
32% less capital invested
Capital invested by funds: $18.8M → $12.8M (-$6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$201K |
| 2 |
KFA
Kelleher Financial Advisors
New York
|
+$153K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$129K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$128K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$87.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.9M |
| 2 |
Morgan Stanley
New York
|
-$1.5M |
| 3 |
SG Americas Securities
New York
|
-$536K |
| 4 |
Barclays
London,
United Kingdom
|
-$495K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$280K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFSC
26
Peoples Financial Services Corp
Dunmore,
Pennsylvania
| $2K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
|
BBPWM
28
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $1K | – | – | – |
|
|
SIA
29
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$1.9M | -160,999 | Closed |
|
|
30
Barclays
London,
United Kingdom
| – | -$495K | -47,034 | -100% |
|
|
31
SG Americas Securities
New York
| – | -$536K | -45,568 | Closed |
|
|
YCM
32
Yakira Capital Management
Westport,
Connecticut
| – | -$64K | -2,715 | Closed |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| – | -$21K | -1,799 | Closed |
|
|
LFG
34
LifePlan Financial Group
Dayton,
Ohio
| – | -$7K | -556 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$2K | -171 | Closed |
|
GGT Hedge Fund Activity: Q1 2014 in Review
29 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q1 2014, worth a combined $12.8M — down 32% from $18.8M a quarter earlier.
Fund positioning in GGT was balanced in Q1 2014: 6 funds opened new positions, 6 closed out, 5 added to existing stakes and 6 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $201K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.9M sold.
- 29 institutional investors held Gabelli Multimedia Trust (GGT) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $12.8M of Gabelli Multimedia Trust stock for Q1 2014, down 32% quarter-over-quarter.
- 6 funds opened new Gabelli Multimedia Trust positions in Q1 2014 and 6 closed out, a net change of 0 holders.
- The largest Gabelli Multimedia Trust buyer in Q1 2014 was Raymond James & Associates, an estimated $201K added.
- The largest Gabelli Multimedia Trust seller in Q1 2014 was Sit Investment Associates, an estimated $1.9M sold.
Based on aggregated 13F filings for Q1 2014.