Gabelli Multimedia Trust
GGT
38 hedge funds and large institutions have $16.3M invested in Gabelli Multimedia Trust in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
15% more funds holding
Funds holding: 33 → 38 (+5)
9% more capital invested
Capital invested by funds: $15M → $16.3M (+$1.28M)
0.85% more ownership
Funds ownership: 9.4% → 10.25% (+0.85%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$595K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$320K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$318K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$148K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$103K |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$103K |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$61.2K |
| 4 |
PVWM
Point View Wealth Management
Summit,
New Jersey
|
-$6.97K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$5K |
GGT Hedge Fund Activity: Q3 2020 in Review
38 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q3 2020, worth a combined $16.3M — up 8.5% from $15M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GGT positions and 5 closed out — a net gain of 5 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was B. Riley Wealth Management, opening a new position worth an estimated $595K. The largest seller was Invesco, exiting entirely with an estimated $103K sold.
- 38 institutional investors held Gabelli Multimedia Trust (GGT) as of Q3 2020, up from 33 in Q2 2020.
- Funds reported $16.3M of Gabelli Multimedia Trust stock for Q3 2020, up 8.5% quarter-over-quarter.
- 10 funds opened new Gabelli Multimedia Trust positions in Q3 2020 and 5 closed out, a net change of +5 holders.
- The largest Gabelli Multimedia Trust buyer in Q3 2020 was B. Riley Wealth Management, an estimated $595K added.
- The largest Gabelli Multimedia Trust seller in Q3 2020 was Invesco, an estimated $103K sold.
Based on aggregated 13F filings for Q3 2020.