Gabelli Multimedia Trust
GGT
44 hedge funds and large institutions have $21.6M invested in Gabelli Multimedia Trust in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
33% more capital invested
Capital invested by funds: $16.3M → $21.6M (+$5.29M)
16% more funds holding
Funds holding: 38 → 44 (+6)
0.79% more ownership
Funds ownership: 10.25% → 11.04% (+0.79%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$734K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$552K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$367K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$198K |
| 5 |
LPL Financial
San Diego,
California
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$560K |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$139K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$121K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$109K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$73.7K |
GGT Hedge Fund Activity: Q4 2020 in Review
44 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q4 2020, worth a combined $21.6M — up 33% from $16.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GGT positions and 6 closed out — a net gain of 6 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $734K. The largest seller was B. Riley Wealth Management, exiting entirely with an estimated $560K sold.
- 44 institutional investors held Gabelli Multimedia Trust (GGT) as of Q4 2020, up from 38 in Q3 2020.
- Funds reported $21.6M of Gabelli Multimedia Trust stock for Q4 2020, up 33% quarter-over-quarter.
- 12 funds opened new Gabelli Multimedia Trust positions in Q4 2020 and 6 closed out, a net change of +6 holders.
- The largest Gabelli Multimedia Trust buyer in Q4 2020 was Wolverine Asset Management, an estimated $734K added.
- The largest Gabelli Multimedia Trust seller in Q4 2020 was B. Riley Wealth Management, an estimated $560K sold.
Based on aggregated 13F filings for Q4 2020.