Gabelli Utility Trust
GUT
37 hedge funds and large institutions have $14.1M invested in Gabelli Utility Trust in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
12% more funds holding
Funds holding: 33 → 37 (+4)
9% more capital invested
Capital invested by funds: $13M → $14.1M (+$1.13M)
0.3% more ownership
Funds ownership: 4.46% → 4.76% (+0.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$823K |
| 2 |
AWA
AmeriServ Wealth Advisors
Johnstown,
Pennsylvania
|
+$196K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$141K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$79.4K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$65.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$290K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$190K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$34.1K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$23.2K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$11.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $15K | -$7.21K | -1,026 | -33% |
|
|
PFSC
27
Peoples Financial Services Corp
Dunmore,
Pennsylvania
| $15K | – | – | – |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| $15K | +$15.2K | +2,169 | New |
|
|
DADC
29
D.A. Davidson & Co
Great Falls,
Montana
| $12K | – | – | – |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $6K | – | – | – |
|
|
DOA
31
D'Orazio & Associates
Falls Church,
Virginia
| $6K | – | – | – |
|
32
US Bancorp
Minneapolis,
Minnesota
| $5K | -$2.54K | -362 | -31% |
|
33
Citigroup
New York
| $2K | – | – | – |
|
|
WA
34
Waverly Advisors
Birmingham,
Alabama
| $2K | – | – | – |
|
|
HW
35
Hedeker Wealth
Lincolnshire,
Illinois
| $1K | +$604 | +86 | New |
|
|
BRWA
36
B. Riley Wealth Advisors
Boca Raton,
Florida
| $81 | +$843 | +120 | +1% |
|
|
CL
37
CSS LLC
Chicago,
Illinois
| – | -$290K | -41,724 | Closed |
|
|
OCM
38
One Capital Management
Westlake Village,
California
| – | -$11K | -1,642 | Closed |
|
|
TCM
39
TD Capital Management
Memphis,
Tennessee
| – | +$7 | +1 | +3% |
|
GUT Hedge Fund Activity: Q4 2014 in Review
37 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2014, worth a combined $14.1M — up 8.8% from $13M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GUT positions and 2 closed out — a net gain of 5 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was LPL Financial, adding an estimated $823K. The largest seller was CSS LLC, exiting entirely with an estimated $290K sold.
- 37 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2014, up from 33 in Q3 2014.
- Funds reported $14.1M of Gabelli Utility Trust stock for Q4 2014, up 8.8% quarter-over-quarter.
- 7 funds opened new Gabelli Utility Trust positions in Q4 2014 and 2 closed out, a net change of +5 holders.
- The largest Gabelli Utility Trust buyer in Q4 2014 was LPL Financial, an estimated $823K added.
- The largest Gabelli Utility Trust seller in Q4 2014 was CSS LLC, an estimated $290K sold.
Based on aggregated 13F filings for Q4 2014.