Gabelli Multimedia Trust
GGT
40 hedge funds and large institutions have $17.3M invested in Gabelli Multimedia Trust in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
11% more funds holding
Funds holding: 36 → 40 (+4)
0.31% less ownership
Funds ownership: 11.64% → 11.33% (-0.31%)
3% less capital invested
Capital invested by funds: $17.8M → $17.3M (-$509K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$285K |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$64.1K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$57.8K |
| 4 |
BCMLT
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
|
+$31.4K |
| 5 |
CA
CoreCap Advisors
Southfield,
Michigan
|
+$31K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$772K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$109K |
| 3 |
LPL Financial
San Diego,
California
|
-$72.5K |
| 4 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
-$24.7K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$23.8K |
GGT Hedge Fund Activity: Q1 2024 in Review
40 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q1 2024, worth a combined $17.3M — down 2.9% from $17.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GGT positions and 2 closed out — a net gain of 4 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $285K. The largest seller was Morgan Stanley, cutting an estimated $772K.
- 40 institutional investors held Gabelli Multimedia Trust (GGT) as of Q1 2024, up from 36 in Q4 2023.
- Funds reported $17.3M of Gabelli Multimedia Trust stock for Q1 2024, down 2.9% quarter-over-quarter.
- 6 funds opened new Gabelli Multimedia Trust positions in Q1 2024 and 2 closed out, a net change of +4 holders.
- The largest Gabelli Multimedia Trust buyer in Q1 2024 was Commonwealth Equity Services, an estimated $285K added.
- The largest Gabelli Multimedia Trust seller in Q1 2024 was Morgan Stanley, an estimated $772K sold.
Based on aggregated 13F filings for Q1 2024.