Gabelli Global Small and Mid-Cap Value Trust
GGZ
42 hedge funds and large institutions have $30.8M invested in Gabelli Global Small and Mid-Cap Value Trust in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 7 closing their positions.
98% more capital invested
Capital invested by funds: $15.6M → $30.8M (+$15.3M)
17.41% more ownership
Funds ownership: 17.8% → 35.21% (+17%)
9% less funds holding
Funds holding: 46 → 42 (-4)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$15.4M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$337K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$184K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$180K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$313K |
| 2 |
UR
USCA RIA
Houston,
Texas
|
-$247K |
| 3 |
Morgan Stanley
New York
|
-$165K |
| 4 |
LPL Financial
San Diego,
California
|
-$112K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$99K |
GGZ Hedge Fund Activity: Q2 2015 in Review
42 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q2 2015, worth a combined $30.8M — up 98% from $15.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GGZ and 3 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $15.4M. The largest seller was Wolverine Asset Management, cutting an estimated $313K.
- 42 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q2 2015, down from 46 in Q1 2015.
- Funds reported $30.8M of Gabelli Global Small and Mid-Cap Value Trust stock for Q2 2015, up 98% quarter-over-quarter.
- 3 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q2 2015 and 7 closed out, a net change of -4 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q2 2015 was Karpus Investment Management, an estimated $15.4M added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q2 2015 was Wolverine Asset Management, an estimated $313K sold.
Based on aggregated 13F filings for Q2 2015.