Gabelli Multimedia Trust
GGT
42 hedge funds and large institutions have $12.5M invested in Gabelli Multimedia Trust in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
8% more funds holding
Funds holding: 39 → 42 (+3)
0.25% more ownership
Funds ownership: 9.58% → 9.83% (+0.25%)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
10% less capital invested
Capital invested by funds: $13.8M → $12.5M (-$1.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$123K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$117K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$87.1K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$79.9K |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$73.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$113K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$94.1K |
| 3 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$92.9K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$68.9K |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$40.6K |
GGT Hedge Fund Activity: Q1 2023 in Review
42 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q1 2023, worth a combined $12.5M — down 9.6% from $13.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GGT positions and 4 closed out — a net gain of 4 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $123K. The largest seller was Virtu Financial, exiting entirely with an estimated $113K sold.
- 42 institutional investors held Gabelli Multimedia Trust (GGT) as of Q1 2023, up from 39 in Q4 2022.
- Funds reported $12.5M of Gabelli Multimedia Trust stock for Q1 2023, down 9.6% quarter-over-quarter.
- 8 funds opened new Gabelli Multimedia Trust positions in Q1 2023 and 4 closed out, a net change of +4 holders.
- The largest Gabelli Multimedia Trust buyer in Q1 2023 was Morgan Stanley, an estimated $123K added.
- The largest Gabelli Multimedia Trust seller in Q1 2023 was Virtu Financial, an estimated $113K sold.
Based on aggregated 13F filings for Q1 2023.