Gabelli Multimedia Trust
GGT
33 hedge funds and large institutions have $14.9M invested in Gabelli Multimedia Trust in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
14% more funds holding
Funds holding: 29 → 33 (+4)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
0.13% more ownership
Funds ownership: 8.14% → 8.28% (+0.13%)
16% less capital invested
Capital invested by funds: $17.9M → $14.9M (-$2.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$1M |
| 2 |
LPL Financial
San Diego,
California
|
+$224K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$218K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$159K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$775K |
| 2 |
Morgan Stanley
New York
|
-$560K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$379K |
| 4 |
KFA
Kelleher Financial Advisors
New York
|
-$46.1K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$26.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $14K | -$379K | -45,162 | -96% |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $14K | +$7.57K | +903 | +89% |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $13K | – | – | – |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $6K | – | – | – |
|
|
BBPWM
30
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $4K | – | – | – |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | +$75 | +9 | +2% |
|
32
US Bancorp
Minneapolis,
Minnesota
| $1K | +$1.23K | +147 | +408% |
|
|
CK
33
Carnick & Kubik
Colorado Springs,
Colorado
| $753 | +$855 | +102 | New |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$15K | -1,696 | Closed |
|
|
AIG
35
American International Group
New York
| – | -$13.8K | -1,523 | Closed |
|
|
PMFA
36
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$3K | -339 | Closed |
|
GGT Hedge Fund Activity: Q3 2015 in Review
33 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q3 2015, worth a combined $14.9M — down 16% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GGT positions and 3 closed out — a net gain of 4 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was United Capital Financial Advisors, opening a new position worth an estimated $1M. The largest seller was UBS Group, cutting an estimated $775K.
- 33 institutional investors held Gabelli Multimedia Trust (GGT) as of Q3 2015, up from 29 in Q2 2015.
- Funds reported $14.9M of Gabelli Multimedia Trust stock for Q3 2015, down 16% quarter-over-quarter.
- 7 funds opened new Gabelli Multimedia Trust positions in Q3 2015 and 3 closed out, a net change of +4 holders.
- The largest Gabelli Multimedia Trust buyer in Q3 2015 was United Capital Financial Advisors, an estimated $1M added.
- The largest Gabelli Multimedia Trust seller in Q3 2015 was UBS Group, an estimated $775K sold.
Based on aggregated 13F filings for Q3 2015.