Gabelli Utility & Income Trust
GLU
24 hedge funds and large institutions have $18.8M invested in Gabelli Utility & Income Trust in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 24 → 24 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
2% less capital invested
Capital invested by funds: $19.1M → $18.8M (-$319K)
1.39% less ownership
Funds ownership: 25.93% → 24.53% (-1.4%)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$215K |
| 2 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$201K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$74.2K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$52.8K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$47.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$452K |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$324K |
| 3 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$218K |
| 4 |
LPL Financial
San Diego,
California
|
-$217K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$136K |
GLU Hedge Fund Activity: Q2 2016 in Review
24 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q2 2016, worth a combined $18.8M — down 1.7% from $19.1M a quarter earlier.
Fund positioning in GLU was balanced in Q2 2016: 3 funds opened new positions, 3 closed out, 7 added to existing stakes and 10 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $215K. The largest seller was Matisse Capital, cutting an estimated $452K.
- 24 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $18.8M of Gabelli Utility & Income Trust stock for Q2 2016, down 1.7% quarter-over-quarter.
- 3 funds opened new Gabelli Utility & Income Trust positions in Q2 2016 and 3 closed out, a net change of 0 holders.
- The largest Gabelli Utility & Income Trust buyer in Q2 2016 was HighTower Advisors, an estimated $215K added.
- The largest Gabelli Utility & Income Trust seller in Q2 2016 was Matisse Capital, an estimated $452K sold.
Based on aggregated 13F filings for Q2 2016.