Gabelli Global Small and Mid-Cap Value Trust
GGZ
36 hedge funds and large institutions have $21.6M invested in Gabelli Global Small and Mid-Cap Value Trust in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 8 closing their positions.
2% less capital invested
Capital invested by funds: $22.1M → $21.6M (-$448K)
3.65% less ownership
Funds ownership: 26.53% → 22.88% (-3.6%)
10% less funds holding
Funds holding: 40 → 36 (-4)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$424K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$143K |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$103K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$102K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$68.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.28M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.2M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$325K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$272K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$262K |
GGZ Hedge Fund Activity: Q3 2020 in Review
36 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q3 2020, worth a combined $21.6M — down 2% from $22.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GGZ and 4 opened new positions — a net loss of 4 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Raymond James & Associates, adding an estimated $424K. The largest seller was Morgan Stanley, cutting an estimated $1.28M.
- 36 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q3 2020, down from 40 in Q2 2020.
- Funds reported $21.6M of Gabelli Global Small and Mid-Cap Value Trust stock for Q3 2020, down 2% quarter-over-quarter.
- 4 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q3 2020 and 8 closed out, a net change of -4 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q3 2020 was Raymond James & Associates, an estimated $424K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q3 2020 was Morgan Stanley, an estimated $1.28M sold.
Based on aggregated 13F filings for Q3 2020.