Gabelli Utility & Income Trust
GLU
17 hedge funds and large institutions have $17.2M invested in Gabelli Utility & Income Trust in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
4% more capital invested
Capital invested by funds: $16.6M → $17.2M (+$664K)
0.46% less ownership
Funds ownership: 15.72% → 15.26% (-0.46%)
15% less funds holding
Funds holding: 20 → 17 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$248K |
| 2 |
Morgan Stanley
New York
|
+$185K |
| 3 |
LPL Financial
San Diego,
California
|
+$41.7K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$37.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$9.35K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$309K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$226K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$165K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$61.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$30.7K |
GLU Hedge Fund Activity: Q4 2021 in Review
17 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q4 2021, worth a combined $17.2M — up 4% from $16.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GLU and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was NewEdge Advisors, opening a new position worth an estimated $248K. The largest seller was Shaker Financial Services, exiting entirely with an estimated $309K sold.
- 17 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q4 2021, down from 20 in Q3 2021.
- Funds reported $17.2M of Gabelli Utility & Income Trust stock for Q4 2021, up 4% quarter-over-quarter.
- 3 funds opened new Gabelli Utility & Income Trust positions in Q4 2021 and 5 closed out, a net change of -2 holders.
- The largest Gabelli Utility & Income Trust buyer in Q4 2021 was NewEdge Advisors, an estimated $248K added.
- The largest Gabelli Utility & Income Trust seller in Q4 2021 was Shaker Financial Services, an estimated $309K sold.
Based on aggregated 13F filings for Q4 2021.