Gabelli Utility Trust
GUT
82 hedge funds and large institutions have $34.1M invested in Gabelli Utility Trust in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 11 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
0% more funds holding
Funds holding: 82 → 82 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
1.19% less ownership
Funds ownership: 11.04% → 9.85% (-1.2%)
9% less capital invested
Capital invested by funds: $37.3M → $34.1M (-$3.23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$1.15M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$264K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$224K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$206K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.6M |
| 2 |
SWP
Significant Wealth Partners
Cary,
Illinois
|
-$886K |
| 3 |
LPL Financial
San Diego,
California
|
-$781K |
| 4 |
RTC
Riverview Trust Company
Vancouver,
Washington
|
-$276K |
| 5 |
VF
Virtu Financial
New York
|
-$128K |
GUT Hedge Fund Activity: Q1 2024 in Review
82 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2024, worth a combined $34.1M — down 8.7% from $37.3M a quarter earlier.
Fund positioning in GUT was balanced in Q1 2024: 11 funds opened new positions, 11 closed out, 29 added to existing stakes and 18 trimmed.
The largest buyer was Virtue Capital Management, opening a new position worth an estimated $1.15M. The largest seller was Morgan Stanley, cutting an estimated $4.6M.
- 82 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $34.1M of Gabelli Utility Trust stock for Q1 2024, down 8.7% quarter-over-quarter.
- 11 funds opened new Gabelli Utility Trust positions in Q1 2024 and 11 closed out, a net change of 0 holders.
- The largest Gabelli Utility Trust buyer in Q1 2024 was Virtue Capital Management, an estimated $1.15M added.
- The largest Gabelli Utility Trust seller in Q1 2024 was Morgan Stanley, an estimated $4.6M sold.
Based on aggregated 13F filings for Q1 2024.