Gabelli Multimedia Trust
GGT
45 hedge funds and large institutions have $33.1M invested in Gabelli Multimedia Trust in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
37% more capital invested
Capital invested by funds: $24.2M → $33.1M (+$8.9M)
10% more funds holding
Funds holding: 41 → 45 (+4)
0.55% more ownership
Funds ownership: 10.92% → 11.46% (+0.55%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$684K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$455K |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$403K |
| 4 |
LPL Financial
San Diego,
California
|
+$304K |
| 5 |
KFA
Kelleher Financial Advisors
New York
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$429K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$175K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$101K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$61K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$50.7K |
GGT Hedge Fund Activity: Q2 2018 in Review
45 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q2 2018, worth a combined $33.1M — up 37% from $24.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GGT positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Cornerstone Wealth Management, opening a new position worth an estimated $684K. The largest seller was First Allied Advisory Services, cutting an estimated $429K.
- 45 institutional investors held Gabelli Multimedia Trust (GGT) as of Q2 2018, up from 41 in Q1 2018.
- Funds reported $33.1M of Gabelli Multimedia Trust stock for Q2 2018, up 37% quarter-over-quarter.
- 7 funds opened new Gabelli Multimedia Trust positions in Q2 2018 and 3 closed out, a net change of +4 holders.
- The largest Gabelli Multimedia Trust buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $684K added.
- The largest Gabelli Multimedia Trust seller in Q2 2018 was First Allied Advisory Services, an estimated $429K sold.
Based on aggregated 13F filings for Q2 2018.