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GUT

Gabelli Utility Trust
GUT

80 hedge funds and large institutions have $38.8M invested in Gabelli Utility Trust in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 4

53% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 17

10% more funds holding

Funds holding: 73 → 80 (+7)

0.02% less ownership

Funds ownership: 10.57% → 10.56% (-0.02%)

21% less capital invested

Capital invested by funds: $49.3M → $38.8M (-$10.6M)

Holders
80
Holders Change
+7
Holders Change %
+9.59%
% of All Funds
1.27%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
12
Increased
26
Reduced
17
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
AWS
Atria Wealth Solutions
New York
+$552K
2
Osaic Holdings
Osaic Holdings
Arizona
+$334K
3
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$303K
4
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$205K
5
RJFSA
Raymond James Financial Services Advisors
Florida
+$188K

Top Sellers

1
IAIM
International Assets Investment Management
Florida
-$1.68M
2
HH
Hilltop Holdings
Texas
-$327K
3
Goldman Sachs
Goldman Sachs
New York
-$148K
4
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
-$112K
5
UBS Group
UBS Group
Switzerland
-$110K
Name Holding Trade Value Shares
Change 		Change in
Stake
WQ
26
Wealth Quarterback
New Jersey
$256K -$3.6K -508 -1%
RMC
27
Resources Management Corp
Connecticut
$232K -$77.7K -10,955 -95%
KWA
28
Kellett Wealth Advisors
Ohio
$227K -$15.8K -2,223 -6%
LFG
29
Leverty Financial Group
Wisconsin
$224K – – –
CAPTRUST Financial Advisors
30
CAPTRUST Financial Advisors
North Carolina
$206K -$84.7K -11,945 -29%
MML Investors Services
31
MML Investors Services
Massachusetts
$203K +$78.2K +11,026 +61%
BWM
32
BNC Wealth Management
Oregon
$173K +$270 +38 +0.2%
KA
33
Kovack Advisors
Florida
$168K -$52.7K -7,432 -24%
GLA
34
Good Life Advisors
Pennsylvania
$166K +$4.84K +683 +3%
CAN
35
Cetera Advisor Networks
California
$158K +$11.7K +1,650 +8%
TF
36
Trek Financial
Arizona
$137K – – –
AWM
37
Accurate Wealth Management
Florida
$130K -$10.9K -1,539 -8%
CIG
38
Cascade Investment Group
Colorado
$127K – – –
AWM
39
AE Wealth Management
Kansas
$125K +$127K +17,906 New
PAG
40
Private Advisor Group
New Jersey
$119K +$71 +10 +0.1%
RFS
41
Retirement Financial Solutions
Tennessee
$118K +$120K +16,905 New
Susquehanna International Group
42
Susquehanna International Group
Pennsylvania
$117K +$119K +16,785 New
WS
43
Wedbush Securities
California
$116K +$118K +16,673 New
SF
44
Synovus Financial
Georgia
$108K – – –
BCM
45
Brookstone Capital Management
Illinois
$108K +$10.4K +1,467 +10%
Stifel Financial
46
Stifel Financial
Missouri
$106K – – –
RF
47
Rollins Financial
Georgia
$100K – – –
KPWS
48
Kestra Private Wealth Services
Texas
$94.8K +$1.14K +161 +1%
M
49
MOTCO
Texas
$86.9K – – –
SIMG
50
Sonora Investment Management Group
Arizona
$85.9K – – –
1
2
3 4

GUT Hedge Fund Activity: Q1 2023 in Review

80 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2023, worth a combined $38.8M — down 21% from $49.3M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new GUT positions and 4 closed out — a net gain of 8 holders — while 26 added to existing stakes and 17 trimmed.

The largest buyer was Atria Wealth Solutions, adding an estimated $552K. The largest seller was International Assets Investment Management, cutting an estimated $1.68M.

  • 80 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2023, up from 73 in Q4 2022.
  • Funds reported $38.8M of Gabelli Utility Trust stock for Q1 2023, down 21% quarter-over-quarter.
  • 12 funds opened new Gabelli Utility Trust positions in Q1 2023 and 4 closed out, a net change of +8 holders.
  • The largest Gabelli Utility Trust buyer in Q1 2023 was Atria Wealth Solutions, an estimated $552K added.
  • The largest Gabelli Utility Trust seller in Q1 2023 was International Assets Investment Management, an estimated $1.68M sold.

Based on aggregated 13F filings for Q1 2023.