Gabelli Multimedia Trust
GGT
38 hedge funds and large institutions have $20.2M invested in Gabelli Multimedia Trust in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 6 closing their positions.
62% more capital invested
Capital invested by funds: $12.5M → $20.2M (+$7.7M)
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
1.54% more ownership
Funds ownership: 9.83% → 11.37% (+1.5%)
10% less funds holding
Funds holding: 42 → 38 (-4)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$2.6M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$114K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$113K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$80.1K |
| 5 |
Morgan Stanley
New York
|
+$71.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$195K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$116K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$86K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$79K |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$72.7K |
GGT Hedge Fund Activity: Q2 2023 in Review
38 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q2 2023, worth a combined $20.2M — up 62% from $12.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GGT and 4 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was Gabelli & Co Investment Advisers, opening a new position worth an estimated $2.6M. The largest seller was William Blair & Company, cutting an estimated $195K.
- 38 institutional investors held Gabelli Multimedia Trust (GGT) as of Q2 2023, down from 42 in Q1 2023.
- Funds reported $20.2M of Gabelli Multimedia Trust stock for Q2 2023, up 62% quarter-over-quarter.
- 4 funds opened new Gabelli Multimedia Trust positions in Q2 2023 and 6 closed out, a net change of -2 holders.
- The largest Gabelli Multimedia Trust buyer in Q2 2023 was Gabelli & Co Investment Advisers, an estimated $2.6M added.
- The largest Gabelli Multimedia Trust seller in Q2 2023 was William Blair & Company, an estimated $195K sold.
Based on aggregated 13F filings for Q2 2023.