Gabelli Utility Trust
GUT
37 hedge funds and large institutions have $10.9M invested in Gabelli Utility Trust in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
5% more capital invested
Capital invested by funds: $10.3M → $10.9M (+$542K)
0.15% more ownership
Funds ownership: 3.48% → 3.63% (+0.15%)
5% less funds holding
Funds holding: 39 → 37 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$205K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$104K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$92.1K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$62.3K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$56.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$112K |
| 2 |
MBT
Monroe Bank & Trust
Monroe,
Michigan
|
-$21K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$18K |
| 4 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
-$14.1K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$7.01K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $11K | +$9.18K | +1,344 | +442% |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $6K | – | – | – |
|
|
SFSIG
28
San Francisco Sentry Investment Group
San Francisco,
California
| $6K | – | – | – |
|
|
CCM
29
Covington Capital Management
Los Angeles,
California
| $6K | +$5.95K | +870 | New |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $4K | – | – | – |
|
|
CCM
31
Cribstone Capital Management
Augusta,
Maine
| $4K | +$4.38K | +641 | New |
|
32
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | +$1.35K | +198 | +64% |
|
|
GT
33
Glenmede Trust
Philadelphia,
Pennsylvania
| $2K | -$4.41K | -646 | -66% |
|
|
CHC
34
City Holding Co
Charleston,
West Virginia
| $2K | – | – | – |
|
35
Citigroup
New York
| $1K | – | – | – |
|
|
FDCDDQ
36
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $479 | – | – | – |
|
|
MBT
37
Monroe Bank & Trust
Monroe,
Michigan
| – | -$21K | -3,078 | Closed |
|
|
38
Creative Planning
Overland Park,
Kansas
| – | -$18K | -2,608 | Closed |
|
|
WEC
39
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$14.1K | -2,073 | Closed |
|
GUT Hedge Fund Activity: Q3 2017 in Review
37 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q3 2017, worth a combined $10.9M — up 5.3% from $10.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of GUT and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $205K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $112K.
- 37 institutional investors held Gabelli Utility Trust (GUT) as of Q3 2017, down from 39 in Q2 2017.
- Funds reported $10.9M of Gabelli Utility Trust stock for Q3 2017, up 5.3% quarter-over-quarter.
- 2 funds opened new Gabelli Utility Trust positions in Q3 2017 and 3 closed out, a net change of -1 holder.
- The largest Gabelli Utility Trust buyer in Q3 2017 was Morgan Stanley, an estimated $205K added.
- The largest Gabelli Utility Trust seller in Q3 2017 was Raymond James Financial Services Advisors, an estimated $112K sold.
Based on aggregated 13F filings for Q3 2017.