Gabelli Multimedia Trust
GGT
36 hedge funds and large institutions have $20.4M invested in Gabelli Multimedia Trust in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
3% less funds holding
Funds holding: 37 → 36 (-1)
4.65% less ownership
Funds ownership: 13.82% → 9.17% (-4.6%)
18% less capital invested
Capital invested by funds: $24.8M → $20.4M (-$4.39M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$729K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$516K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$258K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$193K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.96M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.07M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$737K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$449K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$302K |
GGT Hedge Fund Activity: Q1 2015 in Review
36 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q1 2015, worth a combined $20.4M — down 18% from $24.8M a quarter earlier.
Fund positioning in GGT was balanced in Q1 2015: 7 funds opened new positions, 7 closed out, 12 added to existing stakes and 6 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $729K. The largest seller was Morgan Stanley, cutting an estimated $1.96M.
- 36 institutional investors held Gabelli Multimedia Trust (GGT) as of Q1 2015, down from 37 in Q4 2014.
- Funds reported $20.4M of Gabelli Multimedia Trust stock for Q1 2015, down 18% quarter-over-quarter.
- 7 funds opened new Gabelli Multimedia Trust positions in Q1 2015 and 7 closed out, a net change of 0 holders.
- The largest Gabelli Multimedia Trust buyer in Q1 2015 was Curi RMB Capital, an estimated $729K added.
- The largest Gabelli Multimedia Trust seller in Q1 2015 was Morgan Stanley, an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2015.