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GLU

Gabelli Utility & Income Trust
GLU

18 hedge funds and large institutions have $16.3M invested in Gabelli Utility & Income Trust in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more capital invested

Capital invested by funds: $15.3M → $16.3M (+$997K)

4.02% more ownership

Funds ownership: 17.69% → 21.72% (+4%)

5% less funds holding

Funds holding: 19 → 18 (-1)

25% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 8

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

Holders
18
Holders Change
-1
Holders Change %
-5.26%
% of All Funds
0.31%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
–
Increased
6
Reduced
8
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$3.4M
2
LPL Financial
LPL Financial
California
+$122K
3
Morgan Stanley
Morgan Stanley
New York
+$55.3K
4
SWM
SeaCrest Wealth Management
New York
+$46.5K
5
NA
NewEdge Advisors
Louisiana
+$20.8K

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$82.2K
2
IAMOG
Investors Asset Management of Georgia
Georgia
-$32.1K
3
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$21.9K
4
RJA
Raymond James & Associates
Florida
-$13.8K
5
Osaic Holdings
Osaic Holdings
Arizona
-$13.2K
Name Holding Trade Value Shares
Change 		Change in
Stake
GCIA
1
Gabelli & Co Investment Advisers
New York
$6.81M – – –
SIA
2
Sit Investment Associates
Minnesota
$3.52M +$3.4M +211,805 +534%
Morgan Stanley
3
Morgan Stanley
New York
$2.31M +$55.3K +3,450 +2%
Osaic Holdings
4
Osaic Holdings
Arizona
$527K -$13.2K -825 -2%
AAM
5
Advisors Asset Management
Colorado
$493K -$6.44K -402 -1%
LPL Financial
6
LPL Financial
California
$489K +$122K +7,599 +28%
PFS
7
Prospera Financial Services
Texas
$403K – – –
Wells Fargo
8
Wells Fargo
California
$394K +$19.2K +1,200 +4%
RJA
9
Raymond James & Associates
Florida
$259K -$13.8K -862 -4%
UBS Group
10
UBS Group
Switzerland
$246K -$82.2K -5,130 -23%
NA
11
NewEdge Advisors
Louisiana
$203K +$20.8K +1,300 +10%
SPC
12
Sigma Planning Corp
Michigan
$188K -$6.33K -395 -3%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$172K -$21.9K -1,368 -10%
SWM
14
SeaCrest Wealth Management
New York
$148K +$46.5K +2,900 +38%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$69K – – –
IAMOG
16
Investors Asset Management of Georgia
Georgia
$60K -$32.1K -2,000 -32%
Rockefeller Capital Management
17
Rockefeller Capital Management
New York
$42K – – –
Bank of America
18
Bank of America
North Carolina
$15K -$13.1K -817 -43%

GLU Hedge Fund Activity: Q3 2022 in Review

18 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q3 2022, worth a combined $16.3M — up 6.5% from $15.3M a quarter earlier.

Sellers outnumbered buyers: 1 fund closed out of GLU and 0 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 6 added.

The largest buyer was Sit Investment Associates, adding an estimated $3.4M. The largest seller was UBS Group, cutting an estimated $82.2K.

  • 18 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q3 2022, down from 19 in Q2 2022.
  • Funds reported $16.3M of Gabelli Utility & Income Trust stock for Q3 2022, up 6.5% quarter-over-quarter.
  • 0 funds opened new Gabelli Utility & Income Trust positions in Q3 2022 and 1 closed out, a net change of -1 holder.
  • The largest Gabelli Utility & Income Trust buyer in Q3 2022 was Sit Investment Associates, an estimated $3.4M added.
  • The largest Gabelli Utility & Income Trust seller in Q3 2022 was UBS Group, an estimated $82.2K sold.

Based on aggregated 13F filings for Q3 2022.