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GGT

Gabelli Multimedia Trust

40 hedge funds and large institutions have $18.4M invested in Gabelli Multimedia Trust in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.2% less ownership

Funds ownership: 9.6%9.4% (-0.2%)

3% less capital invested

Capital invested by funds: $19M → $18.4M (-$580K)

9% less funds holding

Funds holding: 4440 (-4)

15% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 13

38% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 8

Holders
40
Holders Change
-4
Holders Change %
-9.09%
% of All Funds
0.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
11
Reduced
13
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GI
1
GAMCO Investors
Connecticut
$6.37M +$94.2K +11,789 +1%
GCIA
2
Gabelli & Co Investment Advisers
New York
$2.54M +$26.7K +3,335 +1%
William Blair & Company
3
William Blair & Company
Illinois
$2.16M -$13.3K -1,658 -0.6%
LPL Financial
4
LPL Financial
California
$1.13M +$81.1K +10,148 +8%
JAM
5
Jolley Asset Management
North Carolina
$882K +$892K +111,586 New
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$755K +$45.7K +5,714 +6%
Morgan Stanley
7
Morgan Stanley
New York
$627K +$31.4K +3,924 +5%
PVWM
8
Point View Wealth Management
New Jersey
$566K -$2.99K -374 -0.5%
Wells Fargo
9
Wells Fargo
California
$484K -$554K -69,266 -53%
MAFM
10
Mid Atlantic Financial Management
Pennsylvania
$383K +$60.9K +7,613 +19%
MHS
11
M Holdings Securities
Oregon
$307K -$13.2K -1,647 -4%
AG
12
Advisor Group
Arizona
$273K -$26K -3,248 -9%
Creative Planning
13
Creative Planning
Kansas
$264K +$34.9K +4,368 +15%
SBIA
14
Sheaff Brock Investment Advisors
Indiana
$252K +$77.4K +9,681 +44%
IFWM
15
Institute for Wealth Management
Colorado
$179K
UBS Group
16
UBS Group
Switzerland
$158K -$3.33K -416 -2%
Citigroup
17
Citigroup
New York
$150K
Invesco
18
Invesco
Georgia
$141K -$16 -2 -0%
WS
19
Wedbush Securities
California
$113K -$13.1K -1,643 -10%
KFA
20
Kelleher Financial Advisors
New York
$100K
WAM
21
Wolverine Asset Management
Illinois
$97K +$99.1K +12,396 New
CAN
22
Claraphi Advisory Network
United States
$93K -$109K -13,672 -54%
CWM
23
Cornerstone Wealth Management
Missouri
$80K +$81.4K +10,187 New
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$78K +$4.17K +521 +6%
Bank of America
25
Bank of America
North Carolina
$76K -$2.37K -296 -3%

GGT Hedge Fund Activity: Q4 2019 in Review

40 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q4 2019, worth a combined $18.4M — down 3% from $19M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of GGT and 5 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 11 added.

The largest buyer was Jolley Asset Management, opening a new position worth an estimated $892K. The largest seller was Wells Fargo, cutting an estimated $554K.

  • 40 institutional investors held Gabelli Multimedia Trust (GGT) as of Q4 2019, down from 44 in Q3 2019.
  • Funds reported $18.4M of Gabelli Multimedia Trust stock for Q4 2019, down 3% quarter-over-quarter.
  • 5 funds opened new Gabelli Multimedia Trust positions in Q4 2019 and 8 closed out, a net change of -3 holders.
  • The largest Gabelli Multimedia Trust buyer in Q4 2019 was Jolley Asset Management, an estimated $892K added.
  • The largest Gabelli Multimedia Trust seller in Q4 2019 was Wells Fargo, an estimated $554K sold.

Based on aggregated 13F filings for Q4 2019.