Gabelli Utility & Income Trust
GLU
19 hedge funds and large institutions have $17.1M invested in Gabelli Utility & Income Trust in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
9% more capital invested
Capital invested by funds: $15.8M → $17.1M (+$1.36M)
6% more funds holding
Funds holding: 18 → 19 (+1)
0.28% more ownership
Funds ownership: 14.97% → 15.25% (+0.28%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$641K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$301K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$243K |
| 4 |
LPL Financial
San Diego,
California
|
+$190K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$69.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$586K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$246K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$181K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$109K |
| 5 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
-$32K |
GLU Hedge Fund Activity: Q2 2021 in Review
19 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q2 2021, worth a combined $17.1M — up 8.7% from $15.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GLU positions and 5 closed out — a net gain of 1 holder — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $641K. The largest seller was Bank of America, cutting an estimated $586K.
- 19 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q2 2021, up from 18 in Q1 2021.
- Funds reported $17.1M of Gabelli Utility & Income Trust stock for Q2 2021, up 8.7% quarter-over-quarter.
- 6 funds opened new Gabelli Utility & Income Trust positions in Q2 2021 and 5 closed out, a net change of +1 holder.
- The largest Gabelli Utility & Income Trust buyer in Q2 2021 was Advisors Asset Management, an estimated $641K added.
- The largest Gabelli Utility & Income Trust seller in Q2 2021 was Bank of America, an estimated $586K sold.
Based on aggregated 13F filings for Q2 2021.