Gabelli Utility & Income Trust
GLU
18 hedge funds and large institutions have $15.7M invested in Gabelli Utility & Income Trust in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6% more funds holding
Funds holding: 17 → 18 (+1)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
1.32% less ownership
Funds ownership: 16.81% → 15.48% (-1.3%)
6% less capital invested
Capital invested by funds: $16.8M → $15.7M (-$1.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$202K |
| 2 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$112K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$34.3K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$33.2K |
| 5 |
LPL Financial
San Diego,
California
|
+$9.47K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$1.57M |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$115K |
| 3 |
Morgan Stanley
New York
|
-$25.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$18.3K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$16.7K |
GLU Hedge Fund Activity: Q4 2019 in Review
18 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q4 2019, worth a combined $15.7M — down 6.4% from $16.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GLU positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $202K. The largest seller was CSS LLC, cutting an estimated $1.57M.
- 18 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q4 2019, up from 17 in Q3 2019.
- Funds reported $15.7M of Gabelli Utility & Income Trust stock for Q4 2019, down 6.4% quarter-over-quarter.
- 3 funds opened new Gabelli Utility & Income Trust positions in Q4 2019 and 2 closed out, a net change of +1 holder.
- The largest Gabelli Utility & Income Trust buyer in Q4 2019 was Ladenburg Thalmann Financial Services, an estimated $202K added.
- The largest Gabelli Utility & Income Trust seller in Q4 2019 was CSS LLC, an estimated $1.57M sold.
Based on aggregated 13F filings for Q4 2019.