Gabelli Utility & Income Trust
GLU
18 hedge funds and large institutions have $15.7M invested in Gabelli Utility & Income Trust in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 10 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
6% more funds holding
Funds holding: 17 → 18 (+1)
0.35% less ownership
Funds ownership: 15.26% → 14.91% (-0.35%)
9% less capital invested
Capital invested by funds: $17.2M → $15.7M (-$1.53M)
70% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$222K |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$27.7K |
| 3 |
FAG
Fortitude Advisory Group
Gig Harbor,
Washington
|
+$5.06K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$3.27K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$301K |
| 2 |
Morgan Stanley
New York
|
-$213K |
| 3 |
LPL Financial
San Diego,
California
|
-$26K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$24.7K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$11.4K |
GLU Hedge Fund Activity: Q1 2022 in Review
18 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q1 2022, worth a combined $15.7M — down 8.9% from $17.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new GLU positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 10 trimmed.
The largest buyer was SeaCrest Wealth Management, opening a new position worth an estimated $222K. The largest seller was Wells Fargo, cutting an estimated $301K.
- 18 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q1 2022, up from 17 in Q4 2021.
- Funds reported $15.7M of Gabelli Utility & Income Trust stock for Q1 2022, down 8.9% quarter-over-quarter.
- 2 funds opened new Gabelli Utility & Income Trust positions in Q1 2022 and 1 closed out, a net change of +1 holder.
- The largest Gabelli Utility & Income Trust buyer in Q1 2022 was SeaCrest Wealth Management, an estimated $222K added.
- The largest Gabelli Utility & Income Trust seller in Q1 2022 was Wells Fargo, an estimated $301K sold.
Based on aggregated 13F filings for Q1 2022.