Gabelli Utility Trust
GUT
37 hedge funds and large institutions have $9.17M invested in Gabelli Utility Trust in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 36 → 37 (+1)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.04% less ownership
Funds ownership: 3.53% → 3.48% (-0.04%)
8% less capital invested
Capital invested by funds: $10M → $9.17M (-$845K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WFG Advisors
Dallas,
Texas
|
+$119K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$84.9K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$82.8K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$30.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$26.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$193K |
| 2 |
GS
Girard Securities
San Diego,
California
|
-$105K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$56.3K |
| 4 |
Morgan Stanley
New York
|
-$54.7K |
| 5 |
LPL Financial
San Diego,
California
|
-$52.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
26
Winslow Evans & Crocker
Boston,
Massachusetts
| $11.2K | – | – | – |
|
|
GT
27
Glenmede Trust
Philadelphia,
Pennsylvania
| $6K | – | – | – |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $5K | – | – | – |
|
|
CFD
29
Creative Financial Designs
Kokomo,
Indiana
| $4K | +$4.47K | +718 | New |
|
|
30
UBS Group
Zurich,
Switzerland
| $3K | -$56.3K | -9,044 | -95% |
|
|
CHC
31
City Holding Co
Charleston,
West Virginia
| $2K | – | – | – |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | +$1.93K | +310 | New |
|
33
Citigroup
New York
| $1K | – | – | – |
|
34
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$193K | -29,100 | Closed |
|
|
GS
36
Girard Securities
San Diego,
California
| – | -$105K | -15,777 | Closed |
|
|
KLI
37
Kelman-Lazarov Inc
Memphis,
Tennessee
| – | -$23.3K | -3,554 | Closed |
|
GUT Hedge Fund Activity: Q4 2016 in Review
37 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2016, worth a combined $9.17M — down 8.4% from $10M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GUT positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 9 trimmed.
The largest buyer was WFG Advisors, adding an estimated $119K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $193K sold.
- 37 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2016, up from 36 in Q3 2016.
- Funds reported $9.17M of Gabelli Utility Trust stock for Q4 2016, down 8.4% quarter-over-quarter.
- 4 funds opened new Gabelli Utility Trust positions in Q4 2016 and 3 closed out, a net change of +1 holder.
- The largest Gabelli Utility Trust buyer in Q4 2016 was WFG Advisors, an estimated $119K added.
- The largest Gabelli Utility Trust seller in Q4 2016 was Susquehanna International Group, an estimated $193K sold.
Based on aggregated 13F filings for Q4 2016.