Gabelli Multimedia Trust
GGT
43 hedge funds and large institutions have $19.8M invested in Gabelli Multimedia Trust in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
0.45% less ownership
Funds ownership: 10.46% → 10.02% (-0.45%)
7% less funds holding
Funds holding: 46 → 43 (-3)
9% less capital invested
Capital invested by funds: $21.8M → $19.8M (-$2.07M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$256K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$156K |
| 3 |
MWPCG
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
|
+$127K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$107K |
| 5 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$25.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IP
Isthmus Partners
Madison,
Wisconsin
|
-$862K |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$605K |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$337K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$146K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$97K |
GGT Hedge Fund Activity: Q2 2019 in Review
43 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q2 2019, worth a combined $19.8M — down 9.5% from $21.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GGT and 3 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $256K. The largest seller was Isthmus Partners, exiting entirely with an estimated $862K sold.
- 43 institutional investors held Gabelli Multimedia Trust (GGT) as of Q2 2019, down from 46 in Q1 2019.
- Funds reported $19.8M of Gabelli Multimedia Trust stock for Q2 2019, down 9.5% quarter-over-quarter.
- 3 funds opened new Gabelli Multimedia Trust positions in Q2 2019 and 6 closed out, a net change of -3 holders.
- The largest Gabelli Multimedia Trust buyer in Q2 2019 was Commonwealth Equity Services, an estimated $256K added.
- The largest Gabelli Multimedia Trust seller in Q2 2019 was Isthmus Partners, an estimated $862K sold.
Based on aggregated 13F filings for Q2 2019.