Gabelli Multimedia Trust
GGT
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.
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: 25 → 25 (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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.92M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$151K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$123K |
| 4 |
KFA
Kelleher Financial Advisors
New York
|
+$112K |
| 5 |
Barclays
London,
United Kingdom
|
+$90.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$5.98M |
| 2 |
Morgan Stanley
New York
|
-$258K |
| 3 |
DT
Diversified Trust
Memphis,
Tennessee
|
-$183K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$116K |
| 5 |
LPL Financial
San Diego,
California
|
-$56.1K |
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.