Gabelli Global Small and Mid-Cap Value Trust
GGZ
41 hedge funds and large institutions have $30.8M invested in Gabelli Global Small and Mid-Cap Value Trust in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 4 closing their positions.
7% more capital invested
Capital invested by funds: $28.7M → $30.8M (+$2.1M)
0.09% more ownership
Funds ownership: 29.78% → 29.87% (+0.09%)
5% less funds holding
Funds holding: 43 → 41 (-2)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$233K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$157K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$90.7K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$64.2K |
| 5 |
PMG
Private Management Group
Irvine,
California
|
+$41.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$175K |
| 2 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
-$127K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$76.1K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$58.2K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$56.4K |
GGZ Hedge Fund Activity: Q3 2017 in Review
41 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q3 2017, worth a combined $30.8M — up 7.3% from $28.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of GGZ and 2 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 11 added.
The largest buyer was Shaker Financial Services, adding an estimated $233K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $175K.
- 41 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q3 2017, down from 43 in Q2 2017.
- Funds reported $30.8M of Gabelli Global Small and Mid-Cap Value Trust stock for Q3 2017, up 7.3% quarter-over-quarter.
- 2 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q3 2017 and 4 closed out, a net change of -2 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q3 2017 was Shaker Financial Services, an estimated $233K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q3 2017 was Raymond James Financial Services Advisors, an estimated $175K sold.
Based on aggregated 13F filings for Q3 2017.