Gabelli Utility Trust
GUT
37 hedge funds and large institutions have $9.92M invested in Gabelli Utility Trust in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
8% more capital invested
Capital invested by funds: $9.17M → $9.92M (+$744K)
0.03% more ownership
Funds ownership: 3.48% → 3.52% (+0.03%)
0% more funds holding
Funds holding: 37 → 37 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$203K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$119K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$103K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$70.6K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$59.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$271K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$84K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$30.4K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$22.6K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
-$15.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
26
Carroll Financial Associates
Charlotte,
North Carolina
| $18K | – | – | – |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $13.6K | +$1.65K | +257 | +14% |
|
|
AF
28
Allworth Financial
Folsom,
California
| $13K | – | – | – |
|
|
GT
29
Glenmede Trust
Philadelphia,
Pennsylvania
| $6K | – | – | – |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $5K | – | – | – |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| $4K | -$15.8K | -2,462 | -82% |
|
|
CHC
32
City Holding Co
Charleston,
West Virginia
| $2K | – | – | – |
|
33
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | – | – | – |
|
34
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
FDCDDQ
35
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $458 | +$449 | +70 | New |
|
|
VKH
36
Virtu KCG Holdings
New York
| – | -$84K | -13,641 | Closed |
|
|
CFD
37
Creative Financial Designs
Kokomo,
Indiana
| – | -$4K | -718 | Closed |
|
38
Citigroup
New York
| – | -$1K | -205 | Closed |
|
GUT Hedge Fund Activity: Q1 2017 in Review
37 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2017, worth a combined $9.92M — up 8.1% from $9.17M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GUT positions and 4 closed out — a net gain of 1 holder — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $203K. The largest seller was Morgan Stanley, cutting an estimated $271K.
- 37 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $9.92M of Gabelli Utility Trust stock for Q1 2017, up 8.1% quarter-over-quarter.
- 5 funds opened new Gabelli Utility Trust positions in Q1 2017 and 4 closed out, a net change of +1 holder.
- The largest Gabelli Utility Trust buyer in Q1 2017 was Bank of America, an estimated $203K added.
- The largest Gabelli Utility Trust seller in Q1 2017 was Morgan Stanley, an estimated $271K sold.
Based on aggregated 13F filings for Q1 2017.