Gabelli Global Small and Mid-Cap Value Trust
GGZ
42 hedge funds and large institutions have $25.7M invested in Gabelli Global Small and Mid-Cap Value Trust in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 6 closing their positions.
150% more capital inflows, than outflows
Capital inflows: $3.28M | Capital outflows: $1.31M
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
2.2% more ownership
Funds ownership: 25.85% → 28.04% (+2.2%)
7% less funds holding
Funds holding: 45 → 42 (-3)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.28M |
| 2 |
Private Management Group
Irvine,
California
|
+$778K |
| 3 |
Brinker Capital
Berwyn,
Pennsylvania
|
+$534K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$147K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Landscape Capital Management
Englewood,
New Jersey
|
-$375K |
| 2 |
Citigroup
New York
|
-$362K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$356K |
| 4 |
Lazard Asset Management
New York
|
-$78.7K |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$58.3K |
GGZ Hedge Fund Activity: Q1 2017 in Review
42 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q1 2017, worth a combined $25.7M — up 17% from $22.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GGZ and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $1.28M. The largest seller was Landscape Capital Management, cutting an estimated $375K.
- 42 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q1 2017, down from 45 in Q4 2016.
- Funds reported $25.7M of Gabelli Global Small and Mid-Cap Value Trust stock for Q1 2017, up 17% quarter-over-quarter.
- 5 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q1 2017 and 6 closed out, a net change of -1 holder.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q1 2017 was Morgan Stanley, an estimated $1.28M added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q1 2017 was Landscape Capital Management, an estimated $375K sold.
Based on aggregated 13F filings for Q1 2017.