Gabelli Multimedia Trust
GGT
29 hedge funds and large institutions have $13.2M invested in Gabelli Multimedia Trust in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 5 closing their positions.
4% more capital invested
Capital invested by funds: $12.8M → $13.2M (+$472K)
0.57% more ownership
Funds ownership: 6.92% → 7.48% (+0.57%)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DMAM
Del Mar Asset Management
New York
|
+$933K |
| 2 |
Morgan Stanley
New York
|
+$513K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$334K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$295K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$59.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$502K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$198K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$151K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$125K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$53K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFSC
26
Peoples Financial Services Corp
Dunmore,
Pennsylvania
| $2K | -$79 | -8 | -4% |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $1K | -$79 | -8 | -4% |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $1K | +$896 | +91 | New |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$125K | -12,226 | Closed |
|
|
30
Envestnet Asset Management
Chicago,
Illinois
| – | -$53K | -5,170 | Closed |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$14K | -1,371 | Closed |
|
32
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -274 | Closed |
|
|
NMIS
33
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | +$138 | +14 | New |
|
GGT Hedge Fund Activity: Q2 2014 in Review
29 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q2 2014, worth a combined $13.2M — up 3.7% from $12.8M a quarter earlier.
Fund positioning in GGT was balanced in Q2 2014: 5 funds opened new positions, 5 closed out, 8 added to existing stakes and 16 trimmed.
The largest buyer was Del Mar Asset Management, opening a new position worth an estimated $933K. The largest seller was CSS LLC, cutting an estimated $502K.
- 29 institutional investors held Gabelli Multimedia Trust (GGT) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $13.2M of Gabelli Multimedia Trust stock for Q2 2014, up 3.7% quarter-over-quarter.
- 5 funds opened new Gabelli Multimedia Trust positions in Q2 2014 and 5 closed out, a net change of 0 holders.
- The largest Gabelli Multimedia Trust buyer in Q2 2014 was Del Mar Asset Management, an estimated $933K added.
- The largest Gabelli Multimedia Trust seller in Q2 2014 was CSS LLC, an estimated $502K sold.
Based on aggregated 13F filings for Q2 2014.