Gabelli Multimedia Trust
GGT
46 hedge funds and large institutions have $21.5M invested in Gabelli Multimedia Trust in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 26 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
24% more capital invested
Capital invested by funds: $17.3M → $21.5M (+$4.22M)
15% more funds holding
Funds holding: 40 → 46 (+6)
2.99% more ownership
Funds ownership: 11.33% → 14.33% (+3%)
58% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGM
Alpine Global Management
New York
|
+$1.74M |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$1.74M |
| 3 |
CCC
Cable Car Capital
San Francisco,
California
|
+$549K |
| 4 |
Cohen & Steers
New York
|
+$549K |
| 5 |
QL
Quarry LP
New York
|
+$448K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Telos Capital Management
San Diego,
California
|
-$149K |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$100K |
| 3 |
LPL Financial
San Diego,
California
|
-$46.2K |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$35.6K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$32.3K |
GGT Hedge Fund Activity: Q2 2024 in Review
46 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Gabelli Multimedia Trust (GGT) for Q2 2024, worth a combined $21.5M — up 24% from $17.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GGT positions and 2 closed out — a net gain of 7 holders — while 11 added to existing stakes and 26 trimmed.
The largest buyer was Alpine Global Management, opening a new position worth an estimated $1.74M. The largest seller was Telos Capital Management, exiting entirely with an estimated $149K sold.
- 46 institutional investors held Gabelli Multimedia Trust (GGT) as of Q2 2024, up from 40 in Q1 2024.
- Funds reported $21.5M of Gabelli Multimedia Trust stock for Q2 2024, up 24% quarter-over-quarter.
- 9 funds opened new Gabelli Multimedia Trust positions in Q2 2024 and 2 closed out, a net change of +7 holders.
- The largest Gabelli Multimedia Trust buyer in Q2 2024 was Alpine Global Management, an estimated $1.74M added.
- The largest Gabelli Multimedia Trust seller in Q2 2024 was Telos Capital Management, an estimated $149K sold.
Based on aggregated 13F filings for Q2 2024.