Gabelli Utility & Income Trust
GLU
22 hedge funds and large institutions have $12.6M invested in Gabelli Utility & Income Trust in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 0 closing their positions.
38% more funds holding
Funds holding: 16 → 22 (+6)
0.82% more ownership
Funds ownership: 15.61% → 16.42% (+0.82%)
8% less capital invested
Capital invested by funds: $13.7M → $12.6M (-$1.05M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$469K |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$306K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$201K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$191K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$55.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$333K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$117K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$77.7K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$74.2K |
| 5 |
Morgan Stanley
New York
|
-$43.1K |
GLU Hedge Fund Activity: Q1 2018 in Review
22 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q1 2018, worth a combined $12.6M — down 7.7% from $13.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GLU positions and 0 closed out — a net gain of 6 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $469K. The largest seller was CSS LLC, cutting an estimated $333K.
- 22 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q1 2018, up from 16 in Q4 2017.
- Funds reported $12.6M of Gabelli Utility & Income Trust stock for Q1 2018, down 7.7% quarter-over-quarter.
- 6 funds opened new Gabelli Utility & Income Trust positions in Q1 2018 and 0 closed out, a net change of +6 holders.
- The largest Gabelli Utility & Income Trust buyer in Q1 2018 was Doliver Advisors, an estimated $469K added.
- The largest Gabelli Utility & Income Trust seller in Q1 2018 was CSS LLC, an estimated $333K sold.
Based on aggregated 13F filings for Q1 2018.