Gabelli Multimedia Trust
GGT
36 hedge funds and large institutions have $27.4M invested in Gabelli Multimedia Trust in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
45% more capital invested
Capital invested by funds: $18.8M → $27.4M (+$8.55M)
13% more funds holding
Funds holding: 32 → 36 (+4)
3.11% more ownership
Funds ownership: 8.79% → 11.91% (+3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$3.53M |
| 2 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$2.67M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$938K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$179K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$518K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$244K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$147K |
| 4 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$77.1K |
| 5 |
Citigroup
New York
|
-$20.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $17K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $16K | +$82 | +9 | +0.6% |
|
|
WWM
28
Willingdon Wealth Management
Huntersville,
North Carolina
| $15K | – | – | – |
|
|
IP
29
Isthmus Partners
Madison,
Wisconsin
| $13K | – | – | – |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| $10K | – | – | – |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $8K | – | – | – |
|
|
FDCDDQ
32
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $3.7K | – | – | – |
|
|
GWM
33
Geneos Wealth Management
Englewood,
Colorado
| $3K | – | – | – |
|
|
CCM
34
Covington Capital Management
Los Angeles,
California
| $3K | +$2.41K | +263 | New |
|
|
35
Creative Planning
Overland Park,
Kansas
| – | -$147K | -16,638 | Closed |
|
GGT Hedge Fund Activity: Q3 2017 in Review
36 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q3 2017, worth a combined $27.4M — up 45% from $18.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GGT positions and 1 closed out — a net gain of 4 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was William Blair & Company, opening a new position worth an estimated $3.53M. The largest seller was Wedbush Securities, cutting an estimated $518K.
- 36 institutional investors held Gabelli Multimedia Trust (GGT) as of Q3 2017, up from 32 in Q2 2017.
- Funds reported $27.4M of Gabelli Multimedia Trust stock for Q3 2017, up 45% quarter-over-quarter.
- 5 funds opened new Gabelli Multimedia Trust positions in Q3 2017 and 1 closed out, a net change of +4 holders.
- The largest Gabelli Multimedia Trust buyer in Q3 2017 was William Blair & Company, an estimated $3.53M added.
- The largest Gabelli Multimedia Trust seller in Q3 2017 was Wedbush Securities, an estimated $518K sold.
Based on aggregated 13F filings for Q3 2017.