Gabelli Multimedia Trust
GGT
37 hedge funds and large institutions have $17.3M invested in Gabelli Multimedia Trust in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $14.5M → $17.3M (+$2.81M)
2.11% more ownership
Funds ownership: 7.87% → 9.97% (+2.1%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0% more funds holding
Funds holding: 37 → 37 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.57M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.49M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$332K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$310K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$268K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$152K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$148K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$122K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$80K |
GGT Hedge Fund Activity: Q4 2016 in Review
37 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q4 2016, worth a combined $17.3M — up 19% from $14.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GGT positions and 5 closed out — a net gain of 1 holder — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.57M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $268K.
- 37 institutional investors held Gabelli Multimedia Trust (GGT) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $17.3M of Gabelli Multimedia Trust stock for Q4 2016, up 19% quarter-over-quarter.
- 6 funds opened new Gabelli Multimedia Trust positions in Q4 2016 and 5 closed out, a net change of +1 holder.
- The largest Gabelli Multimedia Trust buyer in Q4 2016 was Morgan Stanley, an estimated $1.57M added.
- The largest Gabelli Multimedia Trust seller in Q4 2016 was Thomas J. Herzfeld Advisors, an estimated $268K sold.
Based on aggregated 13F filings for Q4 2016.