Gabelli Multimedia Trust
GGT
34 hedge funds and large institutions have $12.9M invested in Gabelli Multimedia Trust in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 9 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
0.31% more ownership
Funds ownership: 9.4% → 9.71% (+0.31%)
15% less funds holding
Funds holding: 40 → 34 (-6)
30% less capital invested
Capital invested by funds: $18.4M → $12.9M (-$5.55M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$830K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$349K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$265K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$133K |
| 5 |
JAM
Jolley Asset Management
Rocky Mount,
North Carolina
|
+$79.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$307K |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$288K |
| 3 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$252K |
| 4 |
KFA
Kelleher Financial Advisors
New York
|
-$100K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$97K |
GGT Hedge Fund Activity: Q1 2020 in Review
34 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q1 2020, worth a combined $12.9M — down 30% from $18.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GGT and 5 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 14 added.
The largest buyer was B. Riley Wealth Management, opening a new position worth an estimated $830K. The largest seller was M Holdings Securities, exiting entirely with an estimated $307K sold.
- 34 institutional investors held Gabelli Multimedia Trust (GGT) as of Q1 2020, down from 40 in Q4 2019.
- Funds reported $12.9M of Gabelli Multimedia Trust stock for Q1 2020, down 30% quarter-over-quarter.
- 5 funds opened new Gabelli Multimedia Trust positions in Q1 2020 and 9 closed out, a net change of -4 holders.
- The largest Gabelli Multimedia Trust buyer in Q1 2020 was B. Riley Wealth Management, an estimated $830K added.
- The largest Gabelli Multimedia Trust seller in Q1 2020 was M Holdings Securities, an estimated $307K sold.
Based on aggregated 13F filings for Q1 2020.