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GGT

Gabelli Multimedia Trust
GGT

40 hedge funds and large institutions have $17.3M invested in Gabelli Multimedia Trust in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

25% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 8

11% more funds holding

Funds holding: 36 → 40 (+4)

0.31% less ownership

Funds ownership: 11.64% → 11.33% (-0.31%)

3% less capital invested

Capital invested by funds: $17.8M → $17.3M (-$509K)

Holders
40
Holders Change
+4
Holders Change %
+11.11%
% of All Funds
0.58%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
10
Reduced
8
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$285K
2
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$64.1K
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$57.8K
4
BCMLT
Beacon Capital Management LLC (Tennessee)
Tennessee
+$31.4K
5
CA
CoreCap Advisors
Michigan
+$31K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$772K
2
UBS Group
UBS Group
Switzerland
-$109K
3
LPL Financial
LPL Financial
California
-$72.5K
4
PGFC
Peapack-Gladstone Financial Corp
New Jersey
-$24.7K
5
Wells Fargo
Wells Fargo
California
-$23.8K
Name Holding Trade Value Shares
Change 		Change in
Stake
CCM
26
Chilton Capital Management
Texas
$34K – – –
BCMLT
27
Beacon Capital Management LLC (Tennessee)
Tennessee
$32K +$31.4K +5,731 New
CA
28
CoreCap Advisors
Michigan
$31.6K +$31K +5,659 New
Fidelity Investments
29
Fidelity Investments
Massachusetts
$15.7K +$15.4K +2,815 New
AA
30
AlphaMark Advisors
Kentucky
$10K +$1.96K +357 +24%
NA
31
NewEdge Advisors
Louisiana
$5.59K – – –
SL
32
Salomon & Ludwin
Virginia
$4.72K – – –
CB
33
Community Bank
New York
$1.69K – – –
CIBC Private Wealth Group
34
CIBC Private Wealth Group
Georgia
$1.21K +$1.22K +223 New
CWC
35
Carolinas Wealth Consulting
North Carolina
$719 – – –
Northwestern Mutual Wealth Management
36
Northwestern Mutual Wealth Management
Wisconsin
$664 +$22 +4 +3%
HCM
37
Highlander Capital Management
New Jersey
$566 – – –
FDCDDQ
38
Federation des caisses Desjardins du Quebec
Quebec, Canada
$464 – – –
MRCM
39
M&R Capital Management
New Jersey
$334 – – –
Wells Fargo
40
Wells Fargo
California
$8 -$23.8K -4,336 -100%
ASN
41
Advisory Services Network
Georgia
– -$12.1K -2,167 Closed
JP Morgan Chase
42
JP Morgan Chase
New York
– -$340 -61 Closed
1
2

GGT Hedge Fund Activity: Q1 2024 in Review

40 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q1 2024, worth a combined $17.3M — down 2.9% from $17.8M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new GGT positions and 2 closed out — a net gain of 4 holders — while 10 added to existing stakes and 8 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $285K. The largest seller was Morgan Stanley, cutting an estimated $772K.

  • 40 institutional investors held Gabelli Multimedia Trust (GGT) as of Q1 2024, up from 36 in Q4 2023.
  • Funds reported $17.3M of Gabelli Multimedia Trust stock for Q1 2024, down 2.9% quarter-over-quarter.
  • 6 funds opened new Gabelli Multimedia Trust positions in Q1 2024 and 2 closed out, a net change of +4 holders.
  • The largest Gabelli Multimedia Trust buyer in Q1 2024 was Commonwealth Equity Services, an estimated $285K added.
  • The largest Gabelli Multimedia Trust seller in Q1 2024 was Morgan Stanley, an estimated $772K sold.

Based on aggregated 13F filings for Q1 2024.