Gabelli Utility & Income Trust
GLU
20 hedge funds and large institutions have $16.6M invested in Gabelli Utility & Income Trust in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
5% more funds holding
Funds holding: 19 → 20 (+1)
0.47% more ownership
Funds ownership: 15.25% → 15.72% (+0.47%)
3% less capital invested
Capital invested by funds: $17.1M → $16.6M (-$534K)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$333K |
| 2 |
Morgan Stanley
New York
|
+$297K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$239K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$178K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$194K |
| 2 |
LPL Financial
San Diego,
California
|
-$169K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$121K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$101K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$68.7K |
GLU Hedge Fund Activity: Q3 2021 in Review
20 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q3 2021, worth a combined $16.6M — down 3.1% from $17.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GLU positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 9 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $333K. The largest seller was UBS Group, cutting an estimated $194K.
- 20 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q3 2021, up from 19 in Q2 2021.
- Funds reported $16.6M of Gabelli Utility & Income Trust stock for Q3 2021, down 3.1% quarter-over-quarter.
- 4 funds opened new Gabelli Utility & Income Trust positions in Q3 2021 and 2 closed out, a net change of +2 holders.
- The largest Gabelli Utility & Income Trust buyer in Q3 2021 was Shaker Financial Services, an estimated $333K added.
- The largest Gabelli Utility & Income Trust seller in Q3 2021 was UBS Group, an estimated $194K sold.
Based on aggregated 13F filings for Q3 2021.