Gabelli Utility Trust
GUT
38 hedge funds and large institutions have $15M invested in Gabelli Utility Trust in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
7% more capital invested
Capital invested by funds: $14.1M → $15M (+$917K)
6% more funds holding
Funds holding: 36 → 38 (+2)
0.14% less ownership
Funds ownership: 5.16% → 5.02% (-0.14%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| 1 |
LPL Financial
San Diego,
California
|
+$1.86M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$255K |
| 3 |
IH
IFC Holdings
Tampa,
Florida
|
+$118K |
| 4 |
Morgan Stanley
New York
|
+$88.2K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$28.4K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DADC
26
D.A. Davidson & Co
Great Falls,
Montana
| $12K | – | – | – |
|
27
Citigroup
New York
| $10K | +$7.24K | +1,057 | +418% |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $8K | – | – | – |
|
29
US Bancorp
Minneapolis,
Minnesota
| $8K | – | – | – |
|
|
AIG
30
American International Group
New York
| $7.39K | – | – | – |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $6K | – | – | – |
|
|
DOA
32
D'Orazio & Associates
Falls Church,
Virginia
| $6K | – | – | – |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $5K | -$4.47K | -653 | -49% |
|
|
NFG
34
Next Financial Group
Houston,
Texas
| $4K | +$4.31K | +629 | New |
|
|
WA
35
Waverly Advisors
Birmingham,
Alabama
| $2K | – | – | – |
|
|
NES
36
New England Securities
New York
| $1K | – | – | – |
|
|
YP
37
Yellowstone Partners
Idaho Falls,
Idaho
| – | -$75K | -11,286 | Closed |
|
38
Bessemer Group
Woodbridge,
New Jersey
| – | -$2.1K | -307 | -94% |
|
GUT Hedge Fund Activity: Q2 2014 in Review
38 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2014, worth a combined $15M — up 6.5% from $14.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GUT positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.86M. The largest seller was Yakira Capital Management, cutting an estimated $1.75M.
- 38 institutional investors held Gabelli Utility Trust (GUT) as of Q2 2014, up from 36 in Q1 2014.
- Funds reported $15M of Gabelli Utility Trust stock for Q2 2014, up 6.5% quarter-over-quarter.
- 3 funds opened new Gabelli Utility Trust positions in Q2 2014 and 1 closed out, a net change of +2 holders.
- The largest Gabelli Utility Trust buyer in Q2 2014 was LPL Financial, an estimated $1.86M added.
- The largest Gabelli Utility Trust seller in Q2 2014 was Yakira Capital Management, an estimated $1.75M sold.
Based on aggregated 13F filings for Q2 2014.