Gabelli Multimedia Trust
GGT
47 hedge funds and large institutions have $30.4M invested in Gabelli Multimedia Trust in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 45 → 47 (+2)
0.33% less ownership
Funds ownership: 11.46% → 11.14% (-0.33%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
8% less capital invested
Capital invested by funds: $33.1M → $30.4M (-$2.69M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$129K |
| 2 |
LPL Financial
San Diego,
California
|
+$120K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$111K |
| 4 |
VF
Virtu Financial
New York
|
+$96.6K |
| 5 |
Morgan Stanley
New York
|
+$82.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$684K |
| 2 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$332K |
| 3 |
SMFS
Squar Milner Financial Services
Irvine,
California
|
-$111K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$102K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$51.3K |
GGT Hedge Fund Activity: Q3 2018 in Review
47 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q3 2018, worth a combined $30.4M — down 8.1% from $33.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GGT positions and 4 closed out — a net gain of 2 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $129K. The largest seller was Invesco, cutting an estimated $684K.
- 47 institutional investors held Gabelli Multimedia Trust (GGT) as of Q3 2018, up from 45 in Q2 2018.
- Funds reported $30.4M of Gabelli Multimedia Trust stock for Q3 2018, down 8.1% quarter-over-quarter.
- 6 funds opened new Gabelli Multimedia Trust positions in Q3 2018 and 4 closed out, a net change of +2 holders.
- The largest Gabelli Multimedia Trust buyer in Q3 2018 was Commonwealth Equity Services, an estimated $129K added.
- The largest Gabelli Multimedia Trust seller in Q3 2018 was Invesco, an estimated $684K sold.
Based on aggregated 13F filings for Q3 2018.