Gabelli Global Small and Mid-Cap Value Trust
GGZ
49 hedge funds and large institutions have $20.3M invested in Gabelli Global Small and Mid-Cap Value Trust in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
11% more funds holding
Funds holding: 44 → 49 (+5)
6% more capital invested
Capital invested by funds: $19.1M → $20.3M (+$1.14M)
1.55% more ownership
Funds ownership: 22.06% → 23.6% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$978K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$364K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$171K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$126K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$58.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$580K |
| 2 |
LPL Financial
San Diego,
California
|
-$135K |
| 3 |
Lazard Asset Management
New York
|
-$89.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$76.8K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$72.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCCM
51
First City Capital Management
Savannah,
Georgia
| – | -$1.27K | -120 | Closed |
|
52
SEI Investments
Oaks,
Pennsylvania
| – | +$126 | +12 | New |
|
GGZ Hedge Fund Activity: Q2 2016 in Review
49 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 Q2 2016, worth a combined $20.3M — up 6% from $19.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GGZ positions and 4 closed out — a net gain of 5 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Matisse Capital, adding an estimated $978K. The largest seller was Morgan Stanley, cutting an estimated $580K.
- 49 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q2 2016, up from 44 in Q1 2016.
- Funds reported $20.3M of Gabelli Global Small and Mid-Cap Value Trust stock for Q2 2016, up 6% quarter-over-quarter.
- 9 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q2 2016 and 4 closed out, a net change of +5 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q2 2016 was Matisse Capital, an estimated $978K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q2 2016 was Morgan Stanley, an estimated $580K sold.
Based on aggregated 13F filings for Q2 2016.