Gabelli Global Small and Mid-Cap Value Trust
GGZ
38 hedge funds and large institutions have $26.5M invested in Gabelli Global Small and Mid-Cap Value Trust in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
3% more funds holding
Funds holding: 37 → 38 (+1)
2% more capital invested
Capital invested by funds: $25.8M → $26.5M (+$627K)
0.15% less ownership
Funds ownership: 25.8% → 25.65% (-0.15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$303K |
| 2 |
Morgan Stanley
New York
|
+$155K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$61.8K |
| 4 |
PMG
Private Management Group
Irvine,
California
|
+$60.4K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$58.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$209K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$190K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$117K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$95.8K |
| 5 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$80.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $1.2K | +$12 | +1 | +1% |
|
|
CSC
27
Caldwell Sutter Capital
Sausalito,
California
| $1.05K | +$1.09K | +90 | New |
|
|
RWM
28
Ruedi Wealth Management
Champaign,
Illinois
| $1.04K | +$1.07K | +89 | New |
|
|
CAL
29
Capital Advisors Ltd
Shaker Heights,
Ohio
| $1K | – | – | – |
|
|
FWM
30
Focused Wealth Management
Newburgh,
New York
| $714 | +$12 | +1 | +2% |
|
|
AAG
31
Armstrong Advisory Group
Needham,
Massachusetts
| $676 | – | – | – |
|
|
PA
32
Parallel Advisors
San Francisco,
California
| $582 | +$604 | +50 | New |
|
|
AWM
33
Avior Wealth Management
Omaha,
Nebraska
| $500 | – | – | – |
|
|
WP
34
WealthPLAN Partners
Omaha,
Nebraska
| $489 | +$507 | +42 | New |
|
|
NA
35
NewEdge Advisors
New Orleans,
Louisiana
| $419 | – | – | – |
|
36
Commonwealth Equity Services
Waltham,
Massachusetts
| $146 | -$1.43K | -118 | -0.9% |
|
37
Rockefeller Capital Management
New York
| – | -$31K | -2,820 | Closed |
|
|
IA
38
IFP Advisors
Tampa,
Florida
| – | -$15K | -1,250 | Closed |
|
|
LFG
39
Larson Financial Group
St Louis,
Missouri
| – | -$1.25K | -111 | Closed |
|
GGZ Hedge Fund Activity: Q1 2023 in Review
38 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q1 2023, worth a combined $26.5M — up 2.4% from $25.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GGZ positions and 3 closed out — a net gain of 1 holder — while 12 added to existing stakes and 10 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $303K. The largest seller was Wolverine Asset Management, cutting an estimated $209K.
- 38 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q1 2023, up from 37 in Q4 2022.
- Funds reported $26.5M of Gabelli Global Small and Mid-Cap Value Trust stock for Q1 2023, up 2.4% quarter-over-quarter.
- 4 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q1 2023 and 3 closed out, a net change of +1 holder.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q1 2023 was Raymond James & Associates, an estimated $303K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q1 2023 was Wolverine Asset Management, an estimated $209K sold.
Based on aggregated 13F filings for Q1 2023.