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GLU

Gabelli Utility & Income Trust
GLU

14 hedge funds and large institutions have $11.6M invested in Gabelli Utility & Income Trust in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

0.54% less ownership

Funds ownership: 13.99% → 13.45% (-0.54%)

2% less capital invested

Capital invested by funds: $11.9M → $11.6M (-$256K)

22% less funds holding

Funds holding: 18 → 14 (-4)

80% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 5

Holders
14
Holders Change
-4
Holders Change %
-22.22%
% of All Funds
0.28%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
4
Reduced
3
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Osaic Holdings
Osaic Holdings
Arizona
+$79.9K
2
BCA
Berman Capital Advisors
Georgia
+$32.8K
3
Wells Fargo
Wells Fargo
California
+$17.9K
4
Morgan Stanley
Morgan Stanley
New York
+$14.9K
5
LPL Financial
LPL Financial
California
+$1.96K

Top Sellers

Rank Fund Capital Flow
1
PFS
Prospera Financial Services
Texas
-$406K
2
CAN
Cetera Advisor Networks
California
-$80K
3
PAG
Private Advisor Group
New Jersey
-$45K
4
UBS Group
UBS Group
Switzerland
-$34K
5
HFA
HC Financial Advisors
California
-$16K
Name Holding Trade Value Shares
Change 		Change in
Stake
GCIA
1
Gabelli & Co Investment Advisers
New York
$6.27M – – –
Morgan Stanley
2
Morgan Stanley
New York
$2.61M +$14.9K +916 +0.6%
Osaic Holdings
3
Osaic Holdings
Arizona
$888K +$79.9K +4,900 +10%
Wells Fargo
4
Wells Fargo
California
$543K +$17.9K +1,096 +3%
LPL Financial
5
LPL Financial
California
$409K +$1.96K +120 +0.5%
RJA
6
Raymond James & Associates
Florida
$396K -$5.46K -335 -1%
MAFM
7
Mid Atlantic Financial Management
Pennsylvania
$185K – – –
UBS Group
8
UBS Group
Switzerland
$140K -$34K -2,087 -19%
Bank of America
9
Bank of America
North Carolina
$77K – – –
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$46K – – –
BCA
11
Berman Capital Advisors
Georgia
$32K +$32.8K +2,012 New
EP
12
Eudaimonia Partners
Tennessee
$25K -$7.47K -458 -22%
Citigroup
13
Citigroup
New York
$5K – – –
SFS
14
Sowell Financial Services
Arkansas
$5K – – –
PFS
15
Prospera Financial Services
Texas
– -$406K -25,635 Closed
CAN
16
Cetera Advisor Networks
California
– -$80K -5,085 Closed
PAG
17
Private Advisor Group
New Jersey
– -$45K -2,834 Closed
HFA
18
HC Financial Advisors
California
– -$16K -1,000 Closed
TRCT
19
Tower Research Capital (TRC)
New York
– -$9K -598 Closed

GLU Hedge Fund Activity: Q3 2020 in Review

14 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q3 2020, worth a combined $11.6M — down 2.2% from $11.9M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of GLU and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 4 added.

The largest buyer was Osaic Holdings, adding an estimated $79.9K. The largest seller was Prospera Financial Services, exiting entirely with an estimated $406K sold.

  • 14 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q3 2020, down from 18 in Q2 2020.
  • Funds reported $11.6M of Gabelli Utility & Income Trust stock for Q3 2020, down 2.2% quarter-over-quarter.
  • 1 fund opened new Gabelli Utility & Income Trust positions in Q3 2020 and 5 closed out, a net change of -4 holders.
  • The largest Gabelli Utility & Income Trust buyer in Q3 2020 was Osaic Holdings, an estimated $79.9K added.
  • The largest Gabelli Utility & Income Trust seller in Q3 2020 was Prospera Financial Services, an estimated $406K sold.

Based on aggregated 13F filings for Q3 2020.