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GUT

Gabelli Utility Trust
GUT

50 hedge funds and large institutions have $31.9M invested in Gabelli Utility Trust in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 9

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

12% more capital invested

Capital invested by funds: $28.6M → $31.9M (+$3.32M)

4% more funds holding

Funds holding: 48 → 50 (+2)

0.5% more ownership

Funds ownership: 7.43% → 7.93% (+0.5%)

Holders
50
Holders Change
+2
Holders Change %
+4.17%
% of All Funds
1.01%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
17
Reduced
9
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
JWCA
J.W. Cole Advisors
Florida
+$881K
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$398K
3
SRC
Sage Rhino Capital
California
+$391K
4
Osaic Holdings
Osaic Holdings
Arizona
+$245K
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$245K

Top Sellers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
-$272K
2
FIA
Foundations Investment Advisors
Arizona
-$244K
3
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$144K
4
MAFM
Mid Atlantic Financial Management
Pennsylvania
-$127K
5
RJFSA
Raymond James Financial Services Advisors
Florida
-$68.2K
Name Holding Trade Value Shares
Change 		Change in
Stake
GKWIM
26
Gerber Kawasaki Wealth & Investment Management
California
$96K -$3.07K -411 -3%
QAM
27
QCI Asset Management
New York
$95K – – –
WWM
28
Western Wealth Management
Colorado
$91K +$92K +12,322 New
KPWS
29
Kestra Private Wealth Services
Texas
$90K +$91.1K +12,198 New
RIG
30
Ramiah Investment Group
Wisconsin
$87.2K – – –
FWM
31
Frontier Wealth Management
Missouri
$84K – – –
NFSG
32
Newbridge Financial Services Group
Florida
$44K +$44.5K +5,955 New
NFG
33
Next Financial Group
Texas
$32K +$32.9K +4,409 New
BCWM
34
Bartlett & Co Wealth Management
Ohio
$19.1K – – –
BC
35
Bartlett & Co
Ohio
$19K – – –
Fifth Third Bancorp
36
Fifth Third Bancorp
Ohio
$18K – – –
RMC
37
Resources Management Corp
Connecticut
$17K – – –
GWM
38
Geneos Wealth Management
Colorado
$15K +$75 +10 +0.5%
CCM
39
Covington Capital Management
California
$13K +$246 +33 +2%
GAM
40
Gemmer Asset Management
California
$12K -$3.05K -408 -20%
MRCM
41
M&R Capital Management
New Jersey
$10K +$112 +15 +1%
ASN
42
Advisory Services Network
Georgia
$10K +$9.76K +1,307 New
Citigroup
43
Citigroup
New York
$9K -$6.93K -928 -42%
JWM
44
Jeppson Wealth Management
California
$9K +$9.58K +1,283 New
CB
45
Community Bank
New York
$7K – – –
CFGS
46
Concourse Financial Group Securities
Alabama
$7K – – –
GT
47
Glenmede Trust
Pennsylvania
$2K – – –
Rockefeller Capital Management
48
Rockefeller Capital Management
New York
$2K – – –
US Bancorp
49
US Bancorp
Minnesota
$1K – – –
FDCDDQ
50
Federation des caisses Desjardins du Quebec
Quebec, Canada
$514 – – –
1
2
3

GUT Hedge Fund Activity: Q3 2020 in Review

50 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q3 2020, worth a combined $31.9M — up 12% from $28.6M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new GUT positions and 5 closed out — a net gain of 3 holders — while 17 added to existing stakes and 9 trimmed.

The largest buyer was J.W. Cole Advisors, opening a new position worth an estimated $881K. The largest seller was LPL Financial, cutting an estimated $272K.

  • 50 institutional investors held Gabelli Utility Trust (GUT) as of Q3 2020, up from 48 in Q2 2020.
  • Funds reported $31.9M of Gabelli Utility Trust stock for Q3 2020, up 12% quarter-over-quarter.
  • 8 funds opened new Gabelli Utility Trust positions in Q3 2020 and 5 closed out, a net change of +3 holders.
  • The largest Gabelli Utility Trust buyer in Q3 2020 was J.W. Cole Advisors, an estimated $881K added.
  • The largest Gabelli Utility Trust seller in Q3 2020 was LPL Financial, an estimated $272K sold.

Based on aggregated 13F filings for Q3 2020.