Gabelli Global Small and Mid-Cap Value Trust
GGZ
37 hedge funds and large institutions have $24.8M invested in Gabelli Global Small and Mid-Cap Value Trust in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 8 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
0.29% more ownership
Funds ownership: 26.59% → 26.88% (+0.29%)
8% less funds holding
Funds holding: 40 → 37 (-3)
13% less capital invested
Capital invested by funds: $28.6M → $24.8M (-$3.77M)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$532K |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$374K |
| 3 |
Comerica Bank
Dallas,
Texas
|
+$146K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$130K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$957K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$105K |
| 3 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$84.1K |
| 4 |
Morgan Stanley
New York
|
-$58.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$33.4K |
GGZ Hedge Fund Activity: Q3 2023 in Review
37 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q3 2023, worth a combined $24.8M — down 13% from $28.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GGZ and 5 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $532K. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $957K sold.
- 37 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q3 2023, down from 40 in Q2 2023.
- Funds reported $24.8M of Gabelli Global Small and Mid-Cap Value Trust stock for Q3 2023, down 13% quarter-over-quarter.
- 5 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q3 2023 and 8 closed out, a net change of -3 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q3 2023 was Shaker Financial Services, an estimated $532K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q3 2023 was Royal Bank of Canada, an estimated $957K sold.
Based on aggregated 13F filings for Q3 2023.