Gabelli Utility Trust
GUT
47 hedge funds and large institutions have $15.1M invested in Gabelli Utility Trust in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
19% more capital invested
Capital invested by funds: $12.7M → $15.1M (+$2.37M)
9% more funds holding
Funds holding: 43 → 47 (+4)
0.59% more ownership
Funds ownership: 3.52% → 4.12% (+0.59%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$966K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$478K |
| 3 |
Morgan Stanley
New York
|
+$343K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$182K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$79K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$77K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$15.9K |
| 4 |
TA
TCG Advisors
Austin,
Texas
|
-$14.7K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$8.68K |
GUT Hedge Fund Activity: Q2 2019 in Review
47 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2019, worth a combined $15.1M — up 19% from $12.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GUT positions and 4 closed out — a net gain of 6 holders — while 15 added to existing stakes and 5 trimmed.
The largest buyer was LPL Financial, adding an estimated $966K. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $79K sold.
- 47 institutional investors held Gabelli Utility Trust (GUT) as of Q2 2019, up from 43 in Q1 2019.
- Funds reported $15.1M of Gabelli Utility Trust stock for Q2 2019, up 19% quarter-over-quarter.
- 10 funds opened new Gabelli Utility Trust positions in Q2 2019 and 4 closed out, a net change of +6 holders.
- The largest Gabelli Utility Trust buyer in Q2 2019 was LPL Financial, an estimated $966K added.
- The largest Gabelli Utility Trust seller in Q2 2019 was Cambridge Investment Research Advisors, an estimated $79K sold.
Based on aggregated 13F filings for Q2 2019.