Gabelli Multimedia Trust
GGT
37 hedge funds and large institutions have $24.8M invested in Gabelli Multimedia Trust in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
9% more funds holding
Funds holding: 34 → 37 (+3)
0.99% less ownership
Funds ownership: 14.6% → 13.62% (-0.99%)
16% less capital inflows, than outflows
Capital inflows: $3.16M | Capital outflows: $3.76M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$432K |
| 2 |
Morgan Stanley
New York
|
+$328K |
| 3 |
GAMCO Investors
Greenwich,
Connecticut
|
+$259K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$227K |
| 5 |
SG Americas Securities
New York
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$986K |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$972K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$459K |
| 4 |
Yakira Capital Management
Westport,
Connecticut
|
-$433K |
| 5 |
Wolverine Asset Management
Chicago,
Illinois
|
-$400K |
GGT Hedge Fund Activity: Q4 2014 in Review
37 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q4 2014, worth a combined $24.8M — down 0.79% from $25M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GGT positions and 6 closed out — a net gain of 4 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $432K. The largest seller was BNP Paribas Financial Markets, cutting an estimated $986K.
- 37 institutional investors held Gabelli Multimedia Trust (GGT) as of Q4 2014, up from 34 in Q3 2014.
- Funds reported $24.8M of Gabelli Multimedia Trust stock for Q4 2014, down 0.79% quarter-over-quarter.
- 10 funds opened new Gabelli Multimedia Trust positions in Q4 2014 and 6 closed out, a net change of +4 holders.
- The largest Gabelli Multimedia Trust buyer in Q4 2014 was Cornerstone Advisors, an estimated $432K added.
- The largest Gabelli Multimedia Trust seller in Q4 2014 was BNP Paribas Financial Markets, an estimated $986K sold.
Based on aggregated 13F filings for Q4 2014.