Gabelli Multimedia Trust
GGT
40 hedge funds and large institutions have $19.5M invested in Gabelli Multimedia Trust in 2015 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
31% more capital invested
Capital invested by funds: $14.9M → $19.5M (+$4.58M)
21% more funds holding
Funds holding: 33 → 40 (+7)
2.6% more ownership
Funds ownership: 8.28% → 10.88% (+2.6%)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.52M |
| 2 |
LPL Financial
San Diego,
California
|
+$742K |
| 3 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$650K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$643K |
| 5 |
Morgan Stanley
New York
|
+$429K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$887K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$462K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$193K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$141K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$26.1K |
GGT Hedge Fund Activity: Q4 2015 in Review
40 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q4 2015, worth a combined $19.5M — up 31% from $14.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GGT positions and 5 closed out — a net gain of 7 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $2.52M. The largest seller was United Capital Financial Advisors, exiting entirely with an estimated $887K sold.
- 40 institutional investors held Gabelli Multimedia Trust (GGT) as of Q4 2015, up from 33 in Q3 2015.
- Funds reported $19.5M of Gabelli Multimedia Trust stock for Q4 2015, up 31% quarter-over-quarter.
- 12 funds opened new Gabelli Multimedia Trust positions in Q4 2015 and 5 closed out, a net change of +7 holders.
- The largest Gabelli Multimedia Trust buyer in Q4 2015 was Shaker Financial Services, an estimated $2.52M added.
- The largest Gabelli Multimedia Trust seller in Q4 2015 was United Capital Financial Advisors, an estimated $887K sold.
Based on aggregated 13F filings for Q4 2015.