Gabelli Utility & Income Trust
GLU
19 hedge funds and large institutions have $15.3M invested in Gabelli Utility & Income Trust in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 3 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 18 → 19 (+1)
2.78% more ownership
Funds ownership: 14.91% → 17.69% (+2.8%)
2% less capital invested
Capital invested by funds: $15.7M → $15.3M (-$373K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$1.7M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$692K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$152K |
| 4 |
IAMOG
Investors Asset Management of Georgia
Atlanta,
Georgia
|
+$110K |
| 5 |
LPL Financial
San Diego,
California
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$78.3K |
| 2 |
FAG
Fortitude Advisory Group
Gig Harbor,
Washington
|
-$67K |
| 3 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$61K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$27K |
| 5 |
AA
Addison Advisors
Middlebury,
Vermont
|
-$27K |
GLU Hedge Fund Activity: Q2 2022 in Review
19 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q2 2022, worth a combined $15.3M — down 2.4% from $15.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GLU positions and 3 closed out — a net gain of 1 holder — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Gabelli & Co Investment Advisers, adding an estimated $1.7M. The largest seller was Morgan Stanley, cutting an estimated $78.3K.
- 19 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q2 2022, up from 18 in Q1 2022.
- Funds reported $15.3M of Gabelli Utility & Income Trust stock for Q2 2022, down 2.4% quarter-over-quarter.
- 4 funds opened new Gabelli Utility & Income Trust positions in Q2 2022 and 3 closed out, a net change of +1 holder.
- The largest Gabelli Utility & Income Trust buyer in Q2 2022 was Gabelli & Co Investment Advisers, an estimated $1.7M added.
- The largest Gabelli Utility & Income Trust seller in Q2 2022 was Morgan Stanley, an estimated $78.3K sold.
Based on aggregated 13F filings for Q2 2022.