Gabelli Multimedia Trust
GGT
33 hedge funds and large institutions have $15M invested in Gabelli Multimedia Trust in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
16% more capital invested
Capital invested by funds: $12.9M → $15M (+$2.1M)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.31% less ownership
Funds ownership: 9.71% → 9.4% (-0.31%)
3% less funds holding
Funds holding: 34 → 33 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LOPW
Live Oak Private Wealth
Wilmington,
North Carolina
|
+$769K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$387K |
| 3 |
LPL Financial
San Diego,
California
|
+$43.8K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$40.6K |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$22.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$619K |
| 2 |
Morgan Stanley
New York
|
-$114K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$67.7K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$41.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$32.9K |
GGT Hedge Fund Activity: Q2 2020 in Review
33 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q2 2020, worth a combined $15M — up 16% from $12.9M a quarter earlier.
Fund positioning in GGT was balanced in Q2 2020: 4 funds opened new positions, 4 closed out, 9 added to existing stakes and 6 trimmed.
The largest buyer was Live Oak Private Wealth, opening a new position worth an estimated $769K. The largest seller was B. Riley Wealth Management, exiting entirely with an estimated $619K sold.
- 33 institutional investors held Gabelli Multimedia Trust (GGT) as of Q2 2020, down from 34 in Q1 2020.
- Funds reported $15M of Gabelli Multimedia Trust stock for Q2 2020, up 16% quarter-over-quarter.
- 4 funds opened new Gabelli Multimedia Trust positions in Q2 2020 and 4 closed out, a net change of 0 holders.
- The largest Gabelli Multimedia Trust buyer in Q2 2020 was Live Oak Private Wealth, an estimated $769K added.
- The largest Gabelli Multimedia Trust seller in Q2 2020 was B. Riley Wealth Management, an estimated $619K sold.
Based on aggregated 13F filings for Q2 2020.