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GUT

Gabelli Utility Trust
GUT

33 hedge funds and large institutions have $7.18M invested in Gabelli Utility Trust in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.7% less ownership

Funds ownership: 4.83% → 3.13% (-1.7%)

13% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 8

13% less funds holding

Funds holding: 38 → 33 (-5)

41% less capital invested

Capital invested by funds: $12.1M → $7.18M (-$4.92M)

45% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 11

Holders
33
Holders Change
-5
Holders Change %
-13.16%
% of All Funds
0.92%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
7
Reduced
8
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Bank of America
Bank of America
North Carolina
+$242K
2
CA
Cetera Advisors
Colorado
+$75.3K
3
CAN
Cetera Advisor Networks
California
+$62.1K
4
Creative Planning
Creative Planning
Kansas
+$48.2K
5
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$15.4K

Top Sellers

1
LPL Financial
LPL Financial
California
-$3.67M
2
AWA
AmeriServ Wealth Advisors
Pennsylvania
-$164K
3
TC
TFS Capital
Pennsylvania
-$164K
4
IH
IFC Holdings
Florida
-$138K
5
UBS Group
UBS Group
Switzerland
-$104K
Name Holding Trade Value Shares
Change 		Change in
Stake
GT
26
Glenmede Trust
Pennsylvania
$7K +$7.6K +1,293 New
BCM
27
Brookstone Capital Management
Illinois
$6K – – –
DOA
28
D'Orazio & Associates
Virginia
$5K – – –
US Bancorp
29
US Bancorp
Minnesota
$5K +$1K +171 +21%
Deutsche Bank
30
Deutsche Bank
Germany
$4K – – –
Bank of Montreal
31
Bank of Montreal
Ontario, Canada
$3K +$2.77K +472 New
WA
32
Waverly Advisors
Alabama
$2K – – –
Citigroup
33
Citigroup
New York
$1K – – –
TC
34
TFS Capital
Pennsylvania
– -$164K -27,972 Closed
AWA
35
AmeriServ Wealth Advisors
Pennsylvania
– -$164K -27,918 Closed
IH
36
IFC Holdings
Florida
– -$138K -22,952 Closed
PAG
37
Private Advisor Group
New Jersey
– -$79K -13,453 Closed
GC
38
Guggenheim Capital
Illinois
– -$77K -13,120 Closed
BRWA
39
B. Riley Wealth Advisors
Florida
– -$62K -10,526 Closed
TRCT
40
Tower Research Capital (TRC)
New York
– -$9K -1,472 Closed
BIM
41
BlackRock Investment Management
Delaware
– -$2K -274 Closed
AF
42
Arrow Financial
New York
– -$1K -106 Closed
1
2

GUT Hedge Fund Activity: Q3 2015 in Review

33 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q3 2015, worth a combined $7.18M — down 41% from $12.1M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of GUT and 6 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 7 added.

The largest buyer was Bank of America, adding an estimated $242K. The largest seller was LPL Financial, cutting an estimated $3.67M.

  • 33 institutional investors held Gabelli Utility Trust (GUT) as of Q3 2015, down from 38 in Q2 2015.
  • Funds reported $7.18M of Gabelli Utility Trust stock for Q3 2015, down 41% quarter-over-quarter.
  • 6 funds opened new Gabelli Utility Trust positions in Q3 2015 and 11 closed out, a net change of -5 holders.
  • The largest Gabelli Utility Trust buyer in Q3 2015 was Bank of America, an estimated $242K added.
  • The largest Gabelli Utility Trust seller in Q3 2015 was LPL Financial, an estimated $3.67M sold.

Based on aggregated 13F filings for Q3 2015.