Gabelli Global Small and Mid-Cap Value Trust
GGZ
35 hedge funds and large institutions have $17.7M invested in Gabelli Global Small and Mid-Cap Value Trust in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
0.45% less ownership
Funds ownership: 21.3% → 20.86% (-0.45%)
8% less funds holding
Funds holding: 38 → 35 (-3)
15% less capital invested
Capital invested by funds: $21M → $17.7M (-$3.25M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$443K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$201K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$156K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$110K |
| 5 |
SWM
Silverlake Wealth Management
Williston,
Vermont
|
+$96.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$623K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$257K |
| 3 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$228K |
| 4 |
Morgan Stanley
New York
|
-$222K |
| 5 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$173K |
GGZ Hedge Fund Activity: Q3 2022 in Review
35 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q3 2022, worth a combined $17.7M — down 15% from $21M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GGZ and 2 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 14 added.
The largest buyer was Shaker Financial Services, adding an estimated $443K. The largest seller was Bank of America, cutting an estimated $623K.
- 35 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q3 2022, down from 38 in Q2 2022.
- Funds reported $17.7M of Gabelli Global Small and Mid-Cap Value Trust stock for Q3 2022, down 15% quarter-over-quarter.
- 2 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q3 2022 and 5 closed out, a net change of -3 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q3 2022 was Shaker Financial Services, an estimated $443K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q3 2022 was Bank of America, an estimated $623K sold.
Based on aggregated 13F filings for Q3 2022.