Gabelli Global Small and Mid-Cap Value Trust
GGZ
47 hedge funds and large institutions have $37M invested in Gabelli Global Small and Mid-Cap Value Trust in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
19% more capital invested
Capital invested by funds: $31.1M → $37M (+$5.95M)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
4% more funds holding
Funds holding: 45 → 47 (+2)
0.29% less ownership
Funds ownership: 30.79% → 30.5% (-0.29%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$678K |
| 2 |
Morgan Stanley
New York
|
+$603K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$473K |
| 4 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$221K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$958K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$489K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$419K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$347K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$170K |
GGZ Hedge Fund Activity: Q1 2019 in Review
47 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q1 2019, worth a combined $37M — up 19% from $31.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GGZ positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $678K. The largest seller was Susquehanna International Group, cutting an estimated $958K.
- 47 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q1 2019, up from 45 in Q4 2018.
- Funds reported $37M of Gabelli Global Small and Mid-Cap Value Trust stock for Q1 2019, up 19% quarter-over-quarter.
- 5 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q1 2019 was Raymond James & Associates, an estimated $678K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q1 2019 was Susquehanna International Group, an estimated $958K sold.
Based on aggregated 13F filings for Q1 2019.