Gabelli Multimedia Trust
GGT
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.
0.2% less ownership
Funds ownership: 9.46% → 9.26% (-0.2%)
3% less capital invested
Capital invested by funds: $19M → $18.4M (-$580K)
9% less funds holding
Funds holding: 44 → 40 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jolley Asset Management
Rocky Mount,
North Carolina
|
+$892K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$99.1K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$94.2K |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$81.4K |
| 5 |
LPL Financial
San Diego,
California
|
+$81.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$554K |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$525K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$276K |
| 4 |
MWPCG
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
|
-$124K |
| 5 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$109K |
GGT Hedge Fund Activity: Q4 2019 in Review
40 of the 5,092 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.