Gabelli Multimedia Trust
GGT
36 hedge funds and large institutions have $17.8M invested in Gabelli Multimedia Trust in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 11 closing their positions.
0.13% less ownership
Funds ownership: 11.77% → 11.64% (-0.13%)
5% less capital invested
Capital invested by funds: $18.7M → $17.8M (-$897K)
20% less funds holding
Funds holding: 45 → 36 (-9)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$826K |
| 2 |
TCM
Telos Capital Management
San Diego,
California
|
+$143K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$103K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$23K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$11.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$245K |
| 2 |
AFG
Atomi Financial Group
New York
|
-$236K |
| 3 |
LPL Financial
San Diego,
California
|
-$225K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$96.4K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$70.9K |
GGT Hedge Fund Activity: Q4 2023 in Review
36 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q4 2023, worth a combined $17.8M — down 4.8% from $18.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of GGT and 2 opened new positions — a net loss of 9 holders — while 13 trimmed existing stakes and 8 added.
The largest buyer was Morgan Stanley, adding an estimated $826K. The largest seller was Level Four Advisory Services, exiting entirely with an estimated $245K sold.
- 36 institutional investors held Gabelli Multimedia Trust (GGT) as of Q4 2023, down from 45 in Q3 2023.
- Funds reported $17.8M of Gabelli Multimedia Trust stock for Q4 2023, down 4.8% quarter-over-quarter.
- 2 funds opened new Gabelli Multimedia Trust positions in Q4 2023 and 11 closed out, a net change of -9 holders.
- The largest Gabelli Multimedia Trust buyer in Q4 2023 was Morgan Stanley, an estimated $826K added.
- The largest Gabelli Multimedia Trust seller in Q4 2023 was Level Four Advisory Services, an estimated $245K sold.
Based on aggregated 13F filings for Q4 2023.