We are live on ! Find out more
GUT

Gabelli Utility Trust
GUT

43 hedge funds and large institutions have $25.3M invested in Gabelli Utility Trust in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 3 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

567% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 3

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

38% more capital invested

Capital invested by funds: $18.4M → $25.3M (+$6.94M)

8% more funds holding

Funds holding: 40 → 43 (+3)

1.49% more ownership

Funds ownership: 4.73% → 6.22% (+1.5%)

Holders
43
Holders Change
+3
Holders Change %
+7.5%
% of All Funds
0.85%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
20
Reduced
3
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LPL Financial
LPL Financial
California
+$3.48M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$1.21M
3
Morgan Stanley
Morgan Stanley
New York
+$369K
4
IAA
Independent Advisor Alliance
North Carolina
+$293K
5
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
+$152K

Top Sellers

1
GI
GAMCO Investors
Connecticut
-$206K
2
GWM
Geneos Wealth Management
Colorado
-$68.6K
3
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$25.1K
4
Deutsche Bank
Deutsche Bank
Germany
-$6K
5
CHC
City Holding Co
West Virginia
-$2K
Name Holding Trade Value Shares
Change 		Change in
Stake
CL
26
CSS LLC
Illinois
$78K – – –
LCM
27
Liberty Capital Management
Michigan
$78K – – –
ASN
28
Advisory Services Network
Georgia
$70K +$68.3K +9,211 New
BCWM
29
Bartlett & Co Wealth Management
Ohio
$19.6K – – –
Citigroup
30
Citigroup
New York
$17K +$3.04K +410 +23%
GAM
31
Gemmer Asset Management
California
$16K – – –
GWM
32
Geneos Wealth Management
Colorado
$15K -$68.6K -9,246 -82%
CCM
33
Covington Capital Management
California
$12K +$230 +31 +2%
MRCM
34
M&R Capital Management
New Jersey
$10K – – –
WQ
35
Wealth Quarterback
New Jersey
$7.11K +$6.97K +939 New
CFGS
36
Concourse Financial Group Securities
Alabama
$7K – – –
CB
37
Community Bank
New York
$7K +$6.52K +879 +8,790%
NFG
38
Next Financial Group
Texas
$4K – – –
Fifth Third Bancorp
39
Fifth Third Bancorp
Ohio
$3K – – –
GT
40
Glenmede Trust
Pennsylvania
$2K – – –
TFS
41
TrustCore Financial Services
Tennessee
$2K – – –
US Bancorp
42
US Bancorp
Minnesota
$1K – – –
FDCDDQ
43
Federation des caisses Desjardins du Quebec
Quebec, Canada
$528 – – –
Deutsche Bank
44
Deutsche Bank
Germany
– -$6K -889 Closed
CHC
45
City Holding Co
West Virginia
– -$2K -311 Closed
1
2

GUT Hedge Fund Activity: Q4 2019 in Review

43 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2019, worth a combined $25.3M — up 38% from $18.4M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new GUT positions and 2 closed out — a net gain of 5 holders — while 20 added to existing stakes and 3 trimmed.

The largest buyer was LPL Financial, adding an estimated $3.48M. The largest seller was GAMCO Investors, cutting an estimated $206K.

  • 43 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2019, up from 40 in Q3 2019.
  • Funds reported $25.3M of Gabelli Utility Trust stock for Q4 2019, up 38% quarter-over-quarter.
  • 7 funds opened new Gabelli Utility Trust positions in Q4 2019 and 2 closed out, a net change of +5 holders.
  • The largest Gabelli Utility Trust buyer in Q4 2019 was LPL Financial, an estimated $3.48M added.
  • The largest Gabelli Utility Trust seller in Q4 2019 was GAMCO Investors, an estimated $206K sold.

Based on aggregated 13F filings for Q4 2019.