Gabelli Multimedia Trust
GGT
41 hedge funds and large institutions have $24.2M invested in Gabelli Multimedia Trust in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 9 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
1.29% less ownership
Funds ownership: 12.04% → 10.76% (-1.3%)
9% less capital invested
Capital invested by funds: $26.7M → $24.2M (-$2.48M)
13% less funds holding
Funds holding: 47 → 41 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$454K |
| 2 |
ALIONA
Allianz Life Insurance of North America
Minneapolis,
Minnesota
|
+$169K |
| 3 |
Morgan Stanley
New York
|
+$87.5K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$51.9K |
| 5 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$51.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$2.18M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$417K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$332K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$209K |
| 5 |
KFA
Kelleher Financial Advisors
New York
|
-$173K |
GGT Hedge Fund Activity: Q1 2018 in Review
41 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q1 2018, worth a combined $24.2M — down 9.3% from $26.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GGT and 3 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 16 added.
The largest buyer was Claraphi Advisory Network, adding an estimated $454K. The largest seller was Ashford Capital Management, exiting entirely with an estimated $2.18M sold.
- 41 institutional investors held Gabelli Multimedia Trust (GGT) as of Q1 2018, down from 47 in Q4 2017.
- Funds reported $24.2M of Gabelli Multimedia Trust stock for Q1 2018, down 9.3% quarter-over-quarter.
- 3 funds opened new Gabelli Multimedia Trust positions in Q1 2018 and 9 closed out, a net change of -6 holders.
- The largest Gabelli Multimedia Trust buyer in Q1 2018 was Claraphi Advisory Network, an estimated $454K added.
- The largest Gabelli Multimedia Trust seller in Q1 2018 was Ashford Capital Management, an estimated $2.18M sold.
Based on aggregated 13F filings for Q1 2018.