Gabelli Utility & Income Trust
GLU
22 hedge funds and large institutions have $12.5M invested in Gabelli Utility & Income Trust in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 22 → 22 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.16% less ownership
Funds ownership: 16.42% → 16.26% (-0.16%)
1% less capital invested
Capital invested by funds: $12.6M → $12.5M (-$159K)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$248K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$103K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$98K |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$31.2K |
| 5 |
CF
Centaurus Financial
Anaheim,
California
|
+$9.76K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$216K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$188K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$115K |
| 4 |
Morgan Stanley
New York
|
-$43.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$18.8K |
GLU Hedge Fund Activity: Q2 2018 in Review
22 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q2 2018, worth a combined $12.5M — down 1.3% from $12.6M a quarter earlier.
Fund positioning in GLU was balanced in Q2 2018: 2 funds opened new positions, 2 closed out, 5 added to existing stakes and 7 trimmed.
The largest buyer was GAMCO Investors, opening a new position worth an estimated $248K. The largest seller was Doliver Advisors, cutting an estimated $216K.
- 22 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $12.5M of Gabelli Utility & Income Trust stock for Q2 2018, down 1.3% quarter-over-quarter.
- 2 funds opened new Gabelli Utility & Income Trust positions in Q2 2018 and 2 closed out, a net change of 0 holders.
- The largest Gabelli Utility & Income Trust buyer in Q2 2018 was GAMCO Investors, an estimated $248K added.
- The largest Gabelli Utility & Income Trust seller in Q2 2018 was Doliver Advisors, an estimated $216K sold.
Based on aggregated 13F filings for Q2 2018.