Gabelli Global Small and Mid-Cap Value Trust
GGZ
45 hedge funds and large institutions have $22.1M invested in Gabelli Global Small and Mid-Cap Value Trust in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
7% more funds holding
Funds holding: 42 → 45 (+3)
2% more capital invested
Capital invested by funds: $21.7M → $22.1M (+$352K)
0.89% more ownership
Funds ownership: 24.95% → 25.85% (+0.89%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.17M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$690K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$395K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$204K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$685K |
| 2 |
Citigroup
New York
|
-$431K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$358K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$226K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$180K |
GGZ Hedge Fund Activity: Q4 2016 in Review
45 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q4 2016, worth a combined $22.1M — up 1.6% from $21.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GGZ positions and 4 closed out — a net gain of 4 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.17M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $685K sold.
- 45 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q4 2016, up from 42 in Q3 2016.
- Funds reported $22.1M of Gabelli Global Small and Mid-Cap Value Trust stock for Q4 2016, up 1.6% quarter-over-quarter.
- 8 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q4 2016 and 4 closed out, a net change of +4 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q4 2016 was Morgan Stanley, an estimated $1.17M added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q4 2016 was Shaker Financial Services, an estimated $685K sold.
Based on aggregated 13F filings for Q4 2016.