Gabelli Multimedia Trust
GGT
39 hedge funds and large institutions have $25.9M invested in Gabelli Multimedia Trust in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 8 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
20% more capital invested
Capital invested by funds: $21.6M → $25.9M (+$4.35M)
0.01% more ownership
Funds ownership: 11.04% → 11.05% (+0.01%)
11% less funds holding
Funds holding: 44 → 39 (-5)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.57M |
| 2 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$563K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$459K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$207K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.18M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$491K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$435K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$218K |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$83.6K |
GGT Hedge Fund Activity: Q1 2021 in Review
39 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q1 2021, worth a combined $25.9M — up 20% from $21.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GGT and 5 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $1.57M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.18M sold.
- 39 institutional investors held Gabelli Multimedia Trust (GGT) as of Q1 2021, down from 44 in Q4 2020.
- Funds reported $25.9M of Gabelli Multimedia Trust stock for Q1 2021, up 20% quarter-over-quarter.
- 5 funds opened new Gabelli Multimedia Trust positions in Q1 2021 and 8 closed out, a net change of -3 holders.
- The largest Gabelli Multimedia Trust buyer in Q1 2021 was Morgan Stanley, an estimated $1.57M added.
- The largest Gabelli Multimedia Trust seller in Q1 2021 was Wolverine Asset Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2021.