Gabelli Utility Trust
GUT
36 hedge funds and large institutions have $10M invested in Gabelli Utility Trust in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
6% more funds holding
Funds holding: 34 → 36 (+2)
5% more capital invested
Capital invested by funds: $9.55M → $10M (+$463K)
0.19% more ownership
Funds ownership: 3.34% → 3.53% (+0.19%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$290K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$273K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$191K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$103K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$73.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$81.7K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$71K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$34.3K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$23.5K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.69K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
26
Allworth Financial
Folsom,
California
| $18K | +$18K | +2,748 | New |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $16K | -$4.38K | -667 | -22% |
|
|
WEC
28
Winslow Evans & Crocker
Boston,
Massachusetts
| $12K | – | – | – |
|
|
GT
29
Glenmede Trust
Philadelphia,
Pennsylvania
| $6K | -$2.02K | -308 | -24% |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $5K | – | – | – |
|
|
CHC
31
City Holding Co
Charleston,
West Virginia
| $2K | – | – | – |
|
32
Citigroup
New York
| $1K | – | – | – |
|
33
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
34
Stifel Financial
St. Louis,
Missouri
| – | -$71K | -10,670 | Closed |
|
|
CB
35
Community Bank
Dewitt,
New York
| – | +$158 | +24 | New |
|
GUT Hedge Fund Activity: Q3 2016 in Review
36 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q3 2016, worth a combined $10M — up 4.9% from $9.55M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GUT positions and 1 closed out — a net gain of 3 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $290K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $81.7K.
- 36 institutional investors held Gabelli Utility Trust (GUT) as of Q3 2016, up from 34 in Q2 2016.
- Funds reported $10M of Gabelli Utility Trust stock for Q3 2016, up 4.9% quarter-over-quarter.
- 4 funds opened new Gabelli Utility Trust positions in Q3 2016 and 1 closed out, a net change of +3 holders.
- The largest Gabelli Utility Trust buyer in Q3 2016 was Morgan Stanley, an estimated $290K added.
- The largest Gabelli Utility Trust seller in Q3 2016 was Raymond James Financial Services Advisors, an estimated $81.7K sold.
Based on aggregated 13F filings for Q3 2016.