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GGT

Gabelli Multimedia Trust
GGT

44 hedge funds and large institutions have $30.6M invested in Gabelli Multimedia Trust in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more capital invested

Capital invested by funds: $21.5M → $30.6M (+$9.05M)

36% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 11

7.71% more ownership

Funds ownership: 14.33% → 22.04% (+7.7%)

4% less funds holding

Funds holding: 46 → 44 (-2)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
44
Holders Change
-2
Holders Change %
-4.35%
% of All Funds
0.63%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
15
Reduced
11
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$9.84M
2
AIA
Absolute Investment Advisers
Florida
+$4.52M
3
QL
Quarry LP
New York
+$1.32M
4
WAM
Wolverine Asset Management
Illinois
+$546K
5
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$354K

Top Sellers

Rank Fund Capital Flow
1
GCIA
Gabelli & Co Investment Advisers
New York
-$2.32M
2
AGM
Alpine Global Management
New York
-$1.7M
3
BFM
Boothbay Fund Management
New York
-$1.7M
4
CCC
Cable Car Capital
California
-$536K
5
LPL Financial
LPL Financial
California
-$248K
Name Holding Trade Value Shares
Change 		Change in
Stake
SBIA
26
Sheaff Brock Investment Advisors
Indiana
$67.2K -$4.39K -876 -6%
William Blair & Company
27
William Blair & Company
Illinois
$66K – – –
Creative Planning
28
Creative Planning
Kansas
$59.8K +$1.51K +301 +3%
UBS Group
29
UBS Group
Switzerland
$59.3K +$9.52K +1,898 +19%
Cetera Investment Advisers
30
Cetera Investment Advisers
Illinois
$58.3K +$1.48K +295 +3%
NA
31
NewEdge Advisors
Louisiana
$57.3K +$53.3K +10,639 +1,077%
PI
32
PFG Investments
New York
$52.6K +$53.5K +10,677 New
NS
33
NBC Securities
Alabama
$29K +$30.1K +6,000 New
CA
34
CoreCap Advisors
Michigan
$8.54K -$82.7K -16,496 -90%
SL
35
Salomon & Ludwin
Virginia
$4.11K – – –
AA
36
AlphaMark Advisors
Kentucky
$4K -$5.73K -1,143 -59%
Wells Fargo
37
Wells Fargo
California
$2.41K – – –
CB
38
Community Bank
New York
$1.47K – – –
MPWT
39
MassMutual Private Wealth & Trust
Connecticut
$1.17K +$1.19K +238 New
FFA
40
Farther Finance Advisors
California
$1.02K +$321 +64 +45%
CWC
41
Carolinas Wealth Consulting
North Carolina
$627 – – –
FDCDDQ
42
Federation des caisses Desjardins du Quebec
Quebec, Canada
$404 – – –
MRCM
43
M&R Capital Management
New Jersey
$202 – – –
JP Morgan Chase
44
JP Morgan Chase
New York
$202 +$206 +41 New
GCIA
45
Gabelli & Co Investment Advisers
New York
– -$2.32M -432,082 Closed
AGM
46
Alpine Global Management
New York
– -$1.7M -316,233 Closed
BFM
47
Boothbay Fund Management
New York
– -$1.7M -316,233 Closed
CCC
48
Cable Car Capital
California
– -$536K -100,000 Closed
BCM
49
Brasada Capital Management
Texas
– -$63.5K -12,549 Closed
CCM
50
Chilton Capital Management
Texas
– -$32.2K -6,000 Closed
1
2
3

GGT Hedge Fund Activity: Q3 2024 in Review

44 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q3 2024, worth a combined $30.6M — up 42% from $21.5M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of GGT and 7 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 15 added.

The largest buyer was Sit Investment Associates, adding an estimated $9.84M. The largest seller was Gabelli & Co Investment Advisers, exiting entirely with an estimated $2.32M sold.

  • 44 institutional investors held Gabelli Multimedia Trust (GGT) as of Q3 2024, down from 46 in Q2 2024.
  • Funds reported $30.6M of Gabelli Multimedia Trust stock for Q3 2024, up 42% quarter-over-quarter.
  • 7 funds opened new Gabelli Multimedia Trust positions in Q3 2024 and 9 closed out, a net change of -2 holders.
  • The largest Gabelli Multimedia Trust buyer in Q3 2024 was Sit Investment Associates, an estimated $9.84M added.
  • The largest Gabelli Multimedia Trust seller in Q3 2024 was Gabelli & Co Investment Advisers, an estimated $2.32M sold.

Based on aggregated 13F filings for Q3 2024.