Gabelli Global Small and Mid-Cap Value Trust
GGZ
40 hedge funds and large institutions have $22.1M invested in Gabelli Global Small and Mid-Cap Value Trust in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 7 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
13% more capital invested
Capital invested by funds: $19.4M → $22.1M (+$2.62M)
8% more funds holding
Funds holding: 37 → 40 (+3)
1.22% less ownership
Funds ownership: 27.76% → 26.53% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$406K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$351K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$337K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$264K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.2M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.16M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$591K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$369K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$108K |
GGZ Hedge Fund Activity: Q2 2020 in Review
40 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q2 2020, worth a combined $22.1M — up 13% from $19.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GGZ positions and 7 closed out — a net gain of 3 holders — while 15 added to existing stakes and 7 trimmed.
The largest buyer was Matisse Capital, adding an estimated $406K. The largest seller was Morgan Stanley, cutting an estimated $1.2M.
- 40 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q2 2020, up from 37 in Q1 2020.
- Funds reported $22.1M of Gabelli Global Small and Mid-Cap Value Trust stock for Q2 2020, up 13% quarter-over-quarter.
- 10 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q2 2020 and 7 closed out, a net change of +3 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q2 2020 was Matisse Capital, an estimated $406K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q2 2020 was Morgan Stanley, an estimated $1.2M sold.
Based on aggregated 13F filings for Q2 2020.