Gabelli Utility & Income Trust
GLU
21 hedge funds and large institutions have $10M invested in Gabelli Utility & Income Trust in 2024 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
8.18% less ownership
Funds ownership: 18.3% → 10.12% (-8.2%)
9% less funds holding
Funds holding: 23 → 21 (-2)
93% less capital inflows, than outflows
Capital inflows: $498K | Capital outflows: $7.24M
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$145K |
| 2 |
Morgan Stanley
New York
|
+$120K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$117K |
| 4 |
Private Advisor Group
Morristown,
New Jersey
|
+$85.1K |
| 5 |
Bay Colony Advisors
Concord,
Massachusetts
|
+$17.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gabelli & Co Investment Advisers
Rye,
New York
|
-$6.75M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
-$326K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$94.8K |
| 4 |
LPL Financial
San Diego,
California
|
-$27.9K |
| 5 |
NewEdge Advisors
New Orleans,
Louisiana
|
-$24.1K |
GLU Hedge Fund Activity: Q3 2024 in Review
21 of the 6,985 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility & Income Trust (GLU) for Q3 2024, worth a combined $10M — down 34% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of GLU and 0 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was UBS Group, adding an estimated $145K. The largest seller was Gabelli & Co Investment Advisers, exiting entirely with an estimated $6.75M sold.
- 21 institutional investors held Gabelli Utility & Income Trust (GLU) as of Q3 2024, down from 23 in Q2 2024.
- Funds reported $10M of Gabelli Utility & Income Trust stock for Q3 2024, down 34% quarter-over-quarter.
- 0 funds opened new Gabelli Utility & Income Trust positions in Q3 2024 and 2 closed out, a net change of -2 holders.
- The largest Gabelli Utility & Income Trust buyer in Q3 2024 was UBS Group, an estimated $145K added.
- The largest Gabelli Utility & Income Trust seller in Q3 2024 was Gabelli & Co Investment Advisers, an estimated $6.75M sold.
Based on aggregated 13F filings for Q3 2024.