Gabelli Global Small and Mid-Cap Value Trust
GGZ
40 hedge funds and large institutions have $28.6M invested in Gabelli Global Small and Mid-Cap Value Trust in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 3 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
8% more capital invested
Capital invested by funds: $26.5M → $28.6M (+$2.11M)
5% more funds holding
Funds holding: 38 → 40 (+2)
0.93% more ownership
Funds ownership: 25.65% → 26.59% (+0.93%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$949K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$178K |
| 3 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$151K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$68.4K |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$62.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$445K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$57.9K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$55.9K |
| 4 |
SWM
Silverlake Wealth Management
Williston,
Vermont
|
-$48.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$16.5K |
GGZ Hedge Fund Activity: Q2 2023 in Review
40 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Gabelli Global Small and Mid-Cap Value Trust (GGZ) for Q2 2023, worth a combined $28.6M — up 8% from $26.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GGZ positions and 3 closed out — a net gain of 2 holders — while 17 added to existing stakes and 7 trimmed.
The largest buyer was Gabelli & Co Investment Advisers, opening a new position worth an estimated $949K. The largest seller was Morgan Stanley, cutting an estimated $445K.
- 40 institutional investors held Gabelli Global Small and Mid-Cap Value Trust (GGZ) as of Q2 2023, up from 38 in Q1 2023.
- Funds reported $28.6M of Gabelli Global Small and Mid-Cap Value Trust stock for Q2 2023, up 8% quarter-over-quarter.
- 5 funds opened new Gabelli Global Small and Mid-Cap Value Trust positions in Q2 2023 and 3 closed out, a net change of +2 holders.
- The largest Gabelli Global Small and Mid-Cap Value Trust buyer in Q2 2023 was Gabelli & Co Investment Advisers, an estimated $949K added.
- The largest Gabelli Global Small and Mid-Cap Value Trust seller in Q2 2023 was Morgan Stanley, an estimated $445K sold.
Based on aggregated 13F filings for Q2 2023.