Gabelli Multimedia Trust
GGT
47 hedge funds and large institutions have $26.7M invested in Gabelli Multimedia Trust in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 2 closing their positions.
550% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
31% more funds holding
Funds holding: 36 → 47 (+11)
0.32% more ownership
Funds ownership: 11.91% → 12.22% (+0.32%)
2% less capital invested
Capital invested by funds: $27.4M → $26.7M (-$670K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.32M |
| 2 |
LPL Financial
San Diego,
California
|
+$586K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$409K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$325K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.47M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$371K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$238K |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$230K |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$113K |
GGT Hedge Fund Activity: Q4 2017 in Review
47 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q4 2017, worth a combined $26.7M — down 2.4% from $27.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GGT positions and 2 closed out — a net gain of 11 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was First Allied Advisory Services, opening a new position worth an estimated $1.32M. The largest seller was Morgan Stanley, cutting an estimated $3.47M.
- 47 institutional investors held Gabelli Multimedia Trust (GGT) as of Q4 2017, up from 36 in Q3 2017.
- Funds reported $26.7M of Gabelli Multimedia Trust stock for Q4 2017, down 2.4% quarter-over-quarter.
- 13 funds opened new Gabelli Multimedia Trust positions in Q4 2017 and 2 closed out, a net change of +11 holders.
- The largest Gabelli Multimedia Trust buyer in Q4 2017 was First Allied Advisory Services, an estimated $1.32M added.
- The largest Gabelli Multimedia Trust seller in Q4 2017 was Morgan Stanley, an estimated $3.47M sold.
Based on aggregated 13F filings for Q4 2017.