Gabelli Global Small and Mid-Cap Value Trust
GGZ
44 hedge funds and large institutions have $31.4M invested in Gabelli Global Small and Mid-Cap Value Trust in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
5% more funds holding
Funds holding: 42 → 44 (+2)
3.31% more ownership
Funds ownership: 35.21% → 38.52% (+3.3%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
2% more capital invested
Capital invested by funds: $30.8M → $31.4M (+$567K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.08M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$246K |
| 3 |
Morgan Stanley
New York
|
+$227K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$215K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$147K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$147K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$111K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$85K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$36.4K |
GGZ Hedge Fund Activity: Q3 2015 in Review
44 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q3 2015, worth a combined $31.4M — up 1.8% from $30.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new GGZ positions and 7 closed out — a net gain of 2 holders — while 12 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.08M. The largest seller was Doliver Advisors, exiting entirely with an estimated $147K sold.
- 44 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q3 2015, up from 42 in Q2 2015.
- Funds reported $31.4M of Gabelli Global Small and Mid-Cap Value Trust stock for Q3 2015, up 1.8% quarter-over-quarter.
- 9 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q3 2015 and 7 closed out, a net change of +2 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q3 2015 was Karpus Investment Management, an estimated $2.08M added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q3 2015 was Doliver Advisors, an estimated $147K sold.
Based on aggregated 13F filings for Q3 2015.