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GUT

Gabelli Utility Trust

92 hedge funds and large institutions have $36.7M invested in Gabelli Utility Trust in 2024 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 58 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 6

12% more funds holding

Funds holding: 8292 (+10)

1.64% more ownership

Funds ownership: 8.32%9.95% (+1.6%)

2% more capital invested

Capital invested by funds: $36.2M → $36.7M (+$555K)

71% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 58

Holders
92
Holders Change
+10
Holders Change %
+12.2%
% of All Funds
1.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
17
Reduced
58
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GLA
26
Good Life Advisors
Pennsylvania
$252K +$141K +24,476 +102%
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$244K -$43.3K -7,490 -14%
Wealth Enhancement Advisory Services
28
Wealth Enhancement Advisory Services
Minnesota
$238K -$6.32K -1,094 -2%
RIL
29
Rothschild Investment LLC
Illinois
$224K -$13.5K -2,329 -5%
KAS
30
Kestra Advisory Services
Texas
$203K +$81.5K +14,110 +57%
WQ
31
Wealth Quarterback
New Jersey
$196K -$14.4K -2,489 -6%
PNC Financial Services Group
32
PNC Financial Services Group
Pennsylvania
$196K -$7.44K -1,287 -3%
MML Investors Services
33
MML Investors Services
Massachusetts
$185K +$3.11K +538 +2%
UBS Group
34
UBS Group
Switzerland
$167K -$1.06K -184 -0.6%
LFG
35
Leverty Financial Group
Wisconsin
$163K -$4.7K -813 -3%
HH
36
Hilltop Holdings
Texas
$155K -$416 -72 -0.2%
BCM
37
Brookstone Capital Management
Illinois
$154K -$26K -4,499 -13%
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$153K +$170K +29,497 New
SF
39
Synovus Financial
Georgia
$141K +$67.2K +11,634 +75%
PCMM
40
Piedmont Capital Management (Montana)
Montana
$127K -$90.7K -15,706 -39%
Stifel Financial
41
Stifel Financial
Missouri
$114K +$23.6K +4,090 +23%
VFPW
42
Vantage Financial Partners (Wisconsin)
Wisconsin
$109K -$2.9K -501 -2%
IAIM
43
International Assets Investment Management
Florida
$99.2K +$2.39M +414,046 +407%
EAM
44
Everstar Asset Management
North Carolina
$94.4K +$105K +18,150 New
EWS
45
Eagle Wealth Strategies
New Jersey
$94.3K -$2.73K -472 -3%
NA
46
NewEdge Advisors
Louisiana
$90.5K -$11.4K -1,973 -10%
KWA
47
Kellett Wealth Advisors
Ohio
$89K -$6.72K -1,163 -6%
CIG
48
Cascade Investment Group
Colorado
$88.9K -$6.3K -1,090 -6%
WAM
49
Weiss Asset Management
Massachusetts
$84.2K +$93.5K +16,188 New
DADC
50
D.A. Davidson & Co
Montana
$80.4K -$2.28K -395 -2%

GUT Hedge Fund Activity: Q3 2024 in Review

92 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q3 2024, worth a combined $36.7M — up 1.5% from $36.2M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new GUT positions and 6 closed out — a net gain of 10 holders — while 17 added to existing stakes and 58 trimmed.

The largest buyer was Alpine Global Management, opening a new position worth an estimated $2.52M. The largest seller was Aristides Capital, exiting entirely with an estimated $853K sold.

  • 92 institutional investors held Gabelli Utility Trust (GUT) as of Q3 2024, up from 82 in Q2 2024.
  • Funds reported $36.7M of Gabelli Utility Trust stock for Q3 2024, up 1.5% quarter-over-quarter.
  • 16 funds opened new Gabelli Utility Trust positions in Q3 2024 and 6 closed out, a net change of +10 holders.
  • The largest Gabelli Utility Trust buyer in Q3 2024 was Alpine Global Management, an estimated $2.52M added.
  • The largest Gabelli Utility Trust seller in Q3 2024 was Aristides Capital, an estimated $853K sold.

Based on aggregated 13F filings for Q3 2024.