Gabelli Global Small and Mid-Cap Value Trust
GGZ
53 hedge funds and large institutions have $41.3M invested in Gabelli Global Small and Mid-Cap Value Trust in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 7 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
200% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 7
34% more capital invested
Capital invested by funds: $30.8M → $41.3M (+$10.5M)
29% more funds holding
Funds holding: 41 → 53 (+12)
12.01% more ownership
Funds ownership: 29.87% → 41.88% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.18M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.85M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.63M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.18M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$844K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$990K |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$820K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$494K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$384K |
| 5 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
-$60.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIMG
51
Financial & Investment Management Group
Traverse City,
Michigan
| – | -$820K | -61,996 | Closed |
|
|
1CP
52
1607 Capital Partners
Richmond,
Virginia
| – | -$384K | -29,077 | Closed |
|
|
PMFA
53
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$7K | -500 | Closed |
|
54
William Blair & Company
Chicago,
Illinois
| – | -$2K | -182 | Closed |
|
|
WAMC
55
Western Asset Management Company
Pasadena,
California
| – | -$1K | -30 | Closed |
|
|
LWA
56
Lenox Wealth Advisors
New York
| – | +$317 | +25 | New |
|
|
CFA
57
Carroll Financial Associates
Charlotte,
North Carolina
| – | +$406 | +32 | New |
|
GGZ Hedge Fund Activity: Q4 2017 in Review
53 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q4 2017, worth a combined $41.3M — up 34% from $30.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GGZ positions and 5 closed out — a net gain of 12 holders — while 21 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.18M. The largest seller was Matisse Capital, cutting an estimated $990K.
- 53 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q4 2017, up from 41 in Q3 2017.
- Funds reported $41.3M of Gabelli Global Small and Mid-Cap Value Trust stock for Q4 2017, up 34% quarter-over-quarter.
- 17 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q4 2017 and 5 closed out, a net change of +12 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q4 2017 was Morgan Stanley, an estimated $3.18M added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q4 2017 was Matisse Capital, an estimated $990K sold.
Based on aggregated 13F filings for Q4 2017.