Gabelli Multimedia Trust
GGT
44 hedge funds and large institutions have $19M invested in Gabelli Multimedia Trust in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
2% more funds holding
Funds holding: 43 → 44 (+1)
0.41% less ownership
Funds ownership: 10.02% → 9.6% (-0.41%)
4% less capital invested
Capital invested by funds: $19.8M → $19M (-$738K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$235K |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$111K |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$40.4K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$30.3K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$28.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$540K |
| 2 |
Morgan Stanley
New York
|
-$177K |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$112K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$112K |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$104K |
GGT Hedge Fund Activity: Q3 2019 in Review
44 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q3 2019, worth a combined $19M — down 3.7% from $19.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GGT positions and 2 closed out — a net gain of 1 holder — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $235K. The largest seller was Claraphi Advisory Network, cutting an estimated $540K.
- 44 institutional investors held Gabelli Multimedia Trust (GGT) as of Q3 2019, up from 43 in Q2 2019.
- Funds reported $19M of Gabelli Multimedia Trust stock for Q3 2019, down 3.7% quarter-over-quarter.
- 3 funds opened new Gabelli Multimedia Trust positions in Q3 2019 and 2 closed out, a net change of +1 holder.
- The largest Gabelli Multimedia Trust buyer in Q3 2019 was Private Advisor Group, an estimated $235K added.
- The largest Gabelli Multimedia Trust seller in Q3 2019 was Claraphi Advisory Network, an estimated $540K sold.
Based on aggregated 13F filings for Q3 2019.