Gabelli Utility & Income Trust
GLU
21 hedge funds and large institutions have $14.8M invested in Gabelli Utility & Income Trust in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 2 closing their positions.
0.57% more ownership
Funds ownership: 21.43% → 22.01% (+0.57%)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
9% less capital invested
Capital invested by funds: $16.3M → $14.8M (-$1.52M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$225K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$212K |
| 3 |
HPC
HM Payson & Co
Portland,
Maine
|
+$175K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$46.2K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$27.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$137K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$102K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$71.5K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$15.9K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.07K |
GLU Hedge Fund Activity: Q3 2015 in Review
21 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q3 2015, worth a combined $14.8M — down 9.3% from $16.3M a quarter earlier.
Fund positioning in GLU was balanced in Q3 2015: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $225K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $137K sold.
- 21 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $14.8M of Gabelli Utility & Income Trust stock for Q3 2015, down 9.3% quarter-over-quarter.
- 2 funds opened new Gabelli Utility & Income Trust positions in Q3 2015 and 2 closed out, a net change of 0 holders.
- The largest Gabelli Utility & Income Trust buyer in Q3 2015 was Morgan Stanley, an estimated $225K added.
- The largest Gabelli Utility & Income Trust seller in Q3 2015 was Wolverine Asset Management, an estimated $137K sold.
Based on aggregated 13F filings for Q3 2015.