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GGZ

Gabelli Global Small and Mid-Cap Value Trust

51 hedge funds and large institutions have $15.4M invested in Gabelli Global Small and Mid-Cap Value Trust in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $13.8M → $15.4M (+$1.61M)

2.7% more ownership

Funds ownership: 15.54%18.24% (+2.7%)

4% less funds holding

Funds holding: 5351 (-2)

15% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 13

24% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 17

Holders
51
Holders Change
-2
Holders Change %
-3.77%
% of All Funds
1.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
13
Reduced
17
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$18K -$3.86K -368 -17%
AIG
27
American International Group
New York
$15.5K +$4.93K +470 +45%
US Bancorp
28
US Bancorp
Minnesota
$13K +$945 +90 +7%
LTFS
29
Ladenburg Thalmann Financial Services
Florida
$9K +$4.32K +411 +91%
DADC
30
D.A. Davidson & Co
Montana
$8K
TJHA
31
Thomas J. Herzfeld Advisors
Florida
$7K
BAM
32
Barrett Asset Management
New York
$5K +$4.09K +390 +390%
PMFA
33
Plante Moran Financial Advisors
Michigan
$5K +$5.25K +500 New
Creative Planning
34
Creative Planning
Kansas
$4K -$2.1K -200 -35%
BBHC
35
Brown Brothers Harriman & Co
New York
$4K
Fifth Third Bancorp
36
Fifth Third Bancorp
Ohio
$2K -$693 -66 -28%
MFS
37
MSI Financial Services
Massachusetts
$2K -$210 -20 -9%
PTC
38
Private Trust Company
Ohio
$2K
WTC
39
WhitTier Trust Company
Nevada
$2K +$1.57K +150 New
MPWT
40
MassMutual Private Wealth & Trust
Connecticut
$1.02K +$1.05K +100 New
FNBT
41
FineMark National Bank & Trust
Florida
$1K -$22.3K -2,123 -98%
CTC
42
Central Trust Company
Missouri
$1K
Citigroup
43
Citigroup
New York
$1K
EWM
44
Elite Wealth Management
Washington
$1K
MSFP
45
Mark Sheptoff Financial Planning
Connecticut
$1K +$735 +70 New
Cohen & Steers
46
Cohen & Steers
New York
-$997K -92,467 Closed
PWP
47
Private Wealth Partners
California
-$440K -40,925 Closed
JWM
48
Jacobus Wealth Management
Wisconsin
-$369K -34,291 Closed
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
-$7K -665 Closed
EWM
50
Edge Wealth Management
New York
-$3K -320 Closed

GGZ Hedge Fund Activity: Q3 2014 in Review

51 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q3 2014, worth a combined $15.4M — up 12% from $13.8M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of GGZ and 11 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 13 added.

The largest buyer was Karpus Investment Management, opening a new position worth an estimated $4.15M. The largest seller was Cohen & Steers, exiting entirely with an estimated $997K sold.

  • 51 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q3 2014, down from 53 in Q2 2014.
  • Funds reported $15.4M of Gabelli Global Small and Mid-Cap Value Trust stock for Q3 2014, up 12% quarter-over-quarter.
  • 11 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q3 2014 and 13 closed out, a net change of -2 holders.
  • The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q3 2014 was Karpus Investment Management, an estimated $4.15M added.
  • The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q3 2014 was Cohen & Steers, an estimated $997K sold.

Based on aggregated 13F filings for Q3 2014.