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GGT

Gabelli Multimedia Trust

45 hedge funds and large institutions have $18.7M invested in Gabelli Multimedia Trust in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

33% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 9

18% more funds holding

Funds holding: 3845 (+7)

0.4% more ownership

Funds ownership: 11.37%11.77% (+0.4%)

7% less capital invested

Capital invested by funds: $20.2M → $18.7M (-$1.46M)

Holders
45
Holders Change
+7
Holders Change %
+18.42%
% of All Funds
0.71%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
12
Reduced
9
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GI
1
GAMCO Investors
Connecticut
$7.14M -$9.07K -1,455 -0.1%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$2.66M +$3.15K +506 +0.1%
GCIA
3
Gabelli & Co Investment Advisers
New York
$2.57M
LPL Financial
4
LPL Financial
California
$1.59M -$99.2K -15,916 -5%
Morgan Stanley
5
Morgan Stanley
New York
$874K +$53.8K +8,635 +6%
LOPW
6
Live Oak Private Wealth
North Carolina
$795K
AFG
7
Atomi Financial Group
New York
$506K +$269K +43,065 +98%
PGFC
8
Peapack-Gladstone Financial Corp
New Jersey
$262K -$9K -1,444 -3%
LFAS
9
Level Four Advisory Services
Texas
$245K +$10.4K +1,675 +4%
AWS
10
Atria Wealth Solutions
New York
$187K +$201K +32,268 New
Osaic Holdings
11
Osaic Holdings
Arizona
$185K +$54.3K +8,701 +38%
WS
12
Wedbush Securities
California
$155K -$2.66K -426 -2%
Wells Fargo
13
Wells Fargo
California
$130K +$97.3K +15,604 +229%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$111K +$57.2K +9,168 +92%
IFWM
15
Institute for Wealth Management
Colorado
$110K -$4.12K -661 -3%
SBIA
16
Sheaff Brock Investment Advisors
Indiana
$95.8K
William Blair & Company
17
William Blair & Company
Illinois
$93.6K -$199K -31,871 -66%
UBS Group
18
UBS Group
Switzerland
$92.1K -$115K -18,375 -54%
Wealth Enhancement Advisory Services
19
Wealth Enhancement Advisory Services
Minnesota
$91.2K +$98K +15,714 New
BAM
20
Belpointe Asset Management
Nevada
$82.5K +$88.6K +14,210 New
NA
21
NewEdge Advisors
Louisiana
$77.1K -$18.4K -2,944 -18%
Bank of America
22
Bank of America
North Carolina
$75.6K -$11.9K -1,912 -13%
BCM
23
Brasada Capital Management
Texas
$74.8K
Creative Planning
24
Creative Planning
Kansas
$70.9K +$224 +36 +0.3%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$65.3K +$70.1K +11,247 New

GGT Hedge Fund Activity: Q3 2023 in Review

45 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q3 2023, worth a combined $18.7M — down 7.2% from $20.2M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new GGT positions and 2 closed out — a net gain of 7 holders — while 12 added to existing stakes and 9 trimmed.

The largest buyer was Atomi Financial Group, adding an estimated $269K. The largest seller was William Blair & Company, cutting an estimated $199K.

  • 45 institutional investors held Gabelli Multimedia Trust (GGT) as of Q3 2023, up from 38 in Q2 2023.
  • Funds reported $18.7M of Gabelli Multimedia Trust stock for Q3 2023, down 7.2% quarter-over-quarter.
  • 9 funds opened new Gabelli Multimedia Trust positions in Q3 2023 and 2 closed out, a net change of +7 holders.
  • The largest Gabelli Multimedia Trust buyer in Q3 2023 was Atomi Financial Group, an estimated $269K added.
  • The largest Gabelli Multimedia Trust seller in Q3 2023 was William Blair & Company, an estimated $199K sold.

Based on aggregated 13F filings for Q3 2023.