Gabelli Global Small and Mid-Cap Value Trust
GGZ
43 hedge funds and large institutions have $28.7M invested in Gabelli Global Small and Mid-Cap Value Trust in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
11% more capital invested
Capital invested by funds: $25.7M → $28.7M (+$2.93M)
2% more funds holding
Funds holding: 42 → 43 (+1)
1.74% more ownership
Funds ownership: 28.04% → 29.78% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$598K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$514K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$476K |
| 4 |
Morgan Stanley
New York
|
+$355K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$808K |
| 2 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$549K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$29.6K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$18K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$9.49K |
GGZ Hedge Fund Activity: Q2 2017 in Review
43 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q2 2017, worth a combined $28.7M — up 11% from $25.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GGZ positions and 3 closed out — a net gain of 1 holder — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $598K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $808K sold.
- 43 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q2 2017, up from 42 in Q1 2017.
- Funds reported $28.7M of Gabelli Global Small and Mid-Cap Value Trust stock for Q2 2017, up 11% quarter-over-quarter.
- 4 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q2 2017 and 3 closed out, a net change of +1 holder.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q2 2017 was Shaker Financial Services, an estimated $598K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q2 2017 was Karpus Investment Management, an estimated $808K sold.
Based on aggregated 13F filings for Q2 2017.