Gabelli Global Small and Mid-Cap Value Trust
GGZ
42 hedge funds and large institutions have $21.7M invested in Gabelli Global Small and Mid-Cap Value Trust in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 6 closing their positions.
7% more capital invested
Capital invested by funds: $20.3M → $21.7M (+$1.45M)
1.35% more ownership
Funds ownership: 23.6% → 24.95% (+1.3%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
14% less funds holding
Funds holding: 49 → 42 (-7)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$830K |
| 2 |
Morgan Stanley
New York
|
+$570K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$307K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$278K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$546K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$163K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$45K |
| 4 |
Lazard Asset Management
New York
|
-$27.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$24.1K |
GGZ Hedge Fund Activity: Q3 2016 in Review
42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q3 2016, worth a combined $21.7M — up 7.2% from $20.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GGZ and 2 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 12 added.
The largest buyer was Geode Capital Management, opening a new position worth an estimated $830K. The largest seller was Landscape Capital Management, cutting an estimated $546K.
- 42 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q3 2016, down from 49 in Q2 2016.
- Funds reported $21.7M of Gabelli Global Small and Mid-Cap Value Trust stock for Q3 2016, up 7.2% quarter-over-quarter.
- 2 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q3 2016 and 6 closed out, a net change of -4 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q3 2016 was Geode Capital Management, an estimated $830K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q3 2016 was Landscape Capital Management, an estimated $546K sold.
Based on aggregated 13F filings for Q3 2016.