Gabelli Multimedia Trust
GGT
49 hedge funds and large institutions have $19.7M invested in Gabelli Multimedia Trust in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
4% more funds holding
Funds holding: 47 → 49 (+2)
0.01% less ownership
Funds ownership: 11.14% → 11.13% (-0.01%)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
35% less capital invested
Capital invested by funds: $30.4M → $19.7M (-$10.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$1.61M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$159K |
| 3 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$108K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$105K |
| 5 |
BAM
Bruderman Asset Management
Locust Valley,
New York
|
+$75.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$6.31M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$653K |
| 3 |
LPL Financial
San Diego,
California
|
-$484K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$169K |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$129K |
GGT Hedge Fund Activity: Q4 2018 in Review
49 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q4 2018, worth a combined $19.7M — down 35% from $30.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GGT positions and 5 closed out — a net gain of 3 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Gabelli & Co Investment Advisers, adding an estimated $1.61M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $6.31M sold.
- 49 institutional investors held Gabelli Multimedia Trust (GGT) as of Q4 2018, up from 47 in Q3 2018.
- Funds reported $19.7M of Gabelli Multimedia Trust stock for Q4 2018, down 35% quarter-over-quarter.
- 8 funds opened new Gabelli Multimedia Trust positions in Q4 2018 and 5 closed out, a net change of +3 holders.
- The largest Gabelli Multimedia Trust buyer in Q4 2018 was Gabelli & Co Investment Advisers, an estimated $1.61M added.
- The largest Gabelli Multimedia Trust seller in Q4 2018 was Cornerstone Wealth Management, an estimated $6.31M sold.
Based on aggregated 13F filings for Q4 2018.