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GGT

Gabelli Multimedia Trust

25 hedge funds and large institutions have $17.4M invested in Gabelli Multimedia Trust in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

0% more funds holding

Funds holding: 2525 (0)

2.58% less ownership

Funds ownership: 13.01%10.44% (-2.6%)

17% less capital invested

Capital invested by funds: $20.8M → $17.4M (-$3.44M)

Holders
25
Holders Change
Holders Change %
0%
% of All Funds
0.81%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
8
Reduced
7
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GI
1
GAMCO Investors
Connecticut
$5.33M +$123K +13,282 +2%
Lazard Asset Management
2
Lazard Asset Management
New York
$3.32M -$5.98M -648,914 -64%
Morgan Stanley
3
Morgan Stanley
New York
$2.73M -$258K -27,941 -9%
SIA
4
Sit Investment Associates
Minnesota
$1.94M +$1.92M +207,844 +9,836%
KFA
5
Kelleher Financial Advisors
New York
$1.63M +$112K +12,127 +7%
Wells Fargo
6
Wells Fargo
California
$487K -$116K -12,538 -19%
Ameriprise
7
Ameriprise
Minnesota
$294K +$61.2K +6,637 +26%
CWM
8
Concert Wealth Management
California
$290K
Barclays
9
Barclays
United Kingdom
$285K +$90.4K +9,803 +42%
VKH
10
Virtu KCG Holdings
New York
$242K +$241K +26,154 New
LPL Financial
11
LPL Financial
California
$162K -$56.1K -6,082 -26%
DA
12
Doliver Advisors
Texas
$151K +$151K +16,376 New
DT
13
Diversified Trust
Tennessee
$143K -$183K -19,826 -56%
Citigroup
14
Citigroup
New York
$110K +$2.92K +317 +3%
JIC
15
Joel Isaacson & Co
New York
$86K
Bank of America
16
Bank of America
North Carolina
$79K -$3.64K -395 -4%
U
17
UBS
Switzerland
$48K +$19.8K +2,150 +70%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$16K -$9.85K -1,068 -38%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$13K
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$10K
Deutsche Bank
21
Deutsche Bank
Germany
$8K
Creative Planning
22
Creative Planning
Kansas
$5K +$4.33K +470 +416%
PFS
23
Penseco Financial Services
Pennsylvania
$2K
US Bancorp
24
US Bancorp
Minnesota
$2K
DADC
25
D.A. Davidson & Co
Montana
$1K

GGT Hedge Fund Activity: Q3 2013 in Review

25 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q3 2013, worth a combined $17.4M — down 17% from $20.8M a quarter earlier.

Buyers outnumbered sellers: 2 funds opened new GGT positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 7 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $1.92M. The largest seller was Lazard Asset Management, cutting an estimated $5.98M.

  • 25 institutional investors held Gabelli Multimedia Trust (GGT) as of Q3 2013, unchanged from Q2 2013.
  • Funds reported $17.4M of Gabelli Multimedia Trust stock for Q3 2013, down 17% quarter-over-quarter.
  • 2 funds opened new Gabelli Multimedia Trust positions in Q3 2013 and 1 closed out, a net change of +1 holder.
  • The largest Gabelli Multimedia Trust buyer in Q3 2013 was Sit Investment Associates, an estimated $1.92M added.
  • The largest Gabelli Multimedia Trust seller in Q3 2013 was Lazard Asset Management, an estimated $5.98M sold.

Based on aggregated 13F filings for Q3 2013.