Gabelli Multimedia Trust
GGT
46 hedge funds and large institutions have $21.8M invested in Gabelli Multimedia Trust in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 5 closing their positions.
11% more capital invested
Capital invested by funds: $19.7M → $21.8M (+$2.11M)
0.65% less ownership
Funds ownership: 10.96% → 10.31% (-0.65%)
6% less funds holding
Funds holding: 49 → 46 (-3)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$325K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$318K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$302K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$95.4K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$79.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$559K |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$369K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$301K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$251K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$181K |
GGT Hedge Fund Activity: Q1 2019 in Review
46 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q1 2019, worth a combined $21.8M — up 11% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GGT and 3 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $325K. The largest seller was Claraphi Advisory Network, cutting an estimated $559K.
- 46 institutional investors held Gabelli Multimedia Trust (GGT) as of Q1 2019, down from 49 in Q4 2018.
- Funds reported $21.8M of Gabelli Multimedia Trust stock for Q1 2019, up 11% quarter-over-quarter.
- 3 funds opened new Gabelli Multimedia Trust positions in Q1 2019 and 5 closed out, a net change of -2 holders.
- The largest Gabelli Multimedia Trust buyer in Q1 2019 was Commonwealth Equity Services, an estimated $325K added.
- The largest Gabelli Multimedia Trust seller in Q1 2019 was Claraphi Advisory Network, an estimated $559K sold.
Based on aggregated 13F filings for Q1 2019.