Gabelli Global Small and Mid-Cap Value Trust
GGZ
44 hedge funds and large institutions have $19.4M invested in Gabelli Global Small and Mid-Cap Value Trust in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 6 closing their positions.
12% more capital invested
Capital invested by funds: $17.3M → $19.4M (+$2.13M)
1.87% more ownership
Funds ownership: 20.18% → 22.06% (+1.9%)
2% less funds holding
Funds holding: 45 → 44 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$648K |
| 2 |
Citigroup
New York
|
+$574K |
| 3 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
+$317K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$253K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$146K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$103K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$59.8K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$54.1K |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$52.7K |
GGZ Hedge Fund Activity: Q1 2016 in Review
44 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q1 2016, worth a combined $19.4M — up 12% from $17.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GGZ and 5 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 8 added.
The largest buyer was Landscape Capital Management, adding an estimated $648K. The largest seller was GSA Capital Partners, exiting entirely with an estimated $146K sold.
- 44 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q1 2016, down from 45 in Q4 2015.
- Funds reported $19.4M of Gabelli Global Small and Mid-Cap Value Trust stock for Q1 2016, up 12% quarter-over-quarter.
- 5 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q1 2016 and 6 closed out, a net change of -1 holder.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q1 2016 was Landscape Capital Management, an estimated $648K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q1 2016 was GSA Capital Partners, an estimated $146K sold.
Based on aggregated 13F filings for Q1 2016.