Gabelli Global Small and Mid-Cap Value Trust
GGZ
46 hedge funds and large institutions have $15.6M invested in Gabelli Global Small and Mid-Cap Value Trust in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 8 closing their positions.
19% more capital invested
Capital invested by funds: $13M → $15.6M (+$2.53M)
2.71% more ownership
Funds ownership: 15.09% → 17.8% (+2.7%)
4% less funds holding
Funds holding: 48 → 46 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$745K |
| 2 |
Morgan Stanley
New York
|
+$616K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$450K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$447K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$294K |
| 2 |
UR
USCA RIA
Houston,
Texas
|
-$181K |
| 3 |
LPL Financial
San Diego,
California
|
-$91.2K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$85.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$51.2K |
GGZ Hedge Fund Activity: Q1 2015 in Review
46 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q1 2015, worth a combined $15.6M — up 19% from $13M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GGZ and 7 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 10 added.
The largest buyer was Financial & Investment Management Group, opening a new position worth an estimated $745K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $294K sold.
- 46 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q1 2015, down from 48 in Q4 2014.
- Funds reported $15.6M of Gabelli Global Small and Mid-Cap Value Trust stock for Q1 2015, up 19% quarter-over-quarter.
- 7 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q1 2015 and 8 closed out, a net change of -1 holder.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q1 2015 was Financial & Investment Management Group, an estimated $745K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q1 2015 was Virtu KCG Holdings, an estimated $294K sold.
Based on aggregated 13F filings for Q1 2015.