Gabelli Global Small and Mid-Cap Value Trust
GGZ
53 hedge funds and large institutions have $40.4M invested in Gabelli Global Small and Mid-Cap Value Trust in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 18 reducing their positions, and 7 closing their positions.
5% more capital invested
Capital invested by funds: $38.5M → $40.4M (+$1.83M)
4% less funds holding
Funds holding: 55 → 53 (-2)
9.3% less ownership
Funds ownership: 41.61% → 32.31% (-9.3%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
50% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$372K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$324K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$307K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$304K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$212K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$156K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$59.4K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$58.1K |
| 5 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
-$46K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAL
51
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$10K | -849 | Closed |
|
|
AWA
52
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$8K | -667 | Closed |
|
|
IWM
53
IHT Wealth Management
Chicago,
Illinois
| – | -$4K | -378 | Closed |
|
|
SWP
54
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$2K | -191 | Closed |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -138 | Closed |
|
GGZ Hedge Fund Activity: Q2 2018 in Review
53 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q2 2018, worth a combined $40.4M — up 4.7% from $38.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GGZ and 6 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 9 added.
The largest buyer was Shaker Financial Services, adding an estimated $372K. The largest seller was Morgan Stanley, cutting an estimated $212K.
- 53 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q2 2018, down from 55 in Q1 2018.
- Funds reported $40.4M of Gabelli Global Small and Mid-Cap Value Trust stock for Q2 2018, up 4.7% quarter-over-quarter.
- 6 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q2 2018 and 7 closed out, a net change of -1 holder.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q2 2018 was Shaker Financial Services, an estimated $372K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q2 2018 was Morgan Stanley, an estimated $212K sold.
Based on aggregated 13F filings for Q2 2018.