Gabelli Utility & Income Trust
GLU
18 hedge funds and large institutions have $11.9M invested in Gabelli Utility & Income Trust in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 2 closing their positions.
262% more capital inflows, than outflows
Capital inflows: $758K | Capital outflows: $210K
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
13% more funds holding
Funds holding: 16 → 18 (+2)
0.64% more ownership
Funds ownership: 13.34% → 13.99% (+0.64%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$242K |
| 2 |
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$168K |
| 3 |
Cetera Advisor Networks
El Segundo,
California
|
+$77.9K |
| 4 |
Prospera Financial Services
Dallas,
Texas
|
+$77.5K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$52K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$156K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$36K |
| 3 |
Eudaimonia Partners
Winchester,
Tennessee
|
-$8.06K |
| 4 |
Morgan Stanley
New York
|
-$7.64K |
| 5 |
Ameritas Investment Company
Lincoln,
Nebraska
|
-$2K |
GLU Hedge Fund Activity: Q2 2020 in Review
18 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q2 2020, worth a combined $11.9M — up 22% from $9.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GLU positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $242K. The largest seller was CSS LLC, exiting entirely with an estimated $156K sold.
- 18 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q2 2020, up from 16 in Q1 2020.
- Funds reported $11.9M of Gabelli Utility & Income Trust stock for Q2 2020, up 22% quarter-over-quarter.
- 4 funds opened new Gabelli Utility & Income Trust positions in Q2 2020 and 2 closed out, a net change of +2 holders.
- The largest Gabelli Utility & Income Trust buyer in Q2 2020 was Osaic Holdings, an estimated $242K added.
- The largest Gabelli Utility & Income Trust seller in Q2 2020 was CSS LLC, an estimated $156K sold.
Based on aggregated 13F filings for Q2 2020.