Gabelli Utility Trust
GUT
49 hedge funds and large institutions have $20.9M invested in Gabelli Utility Trust in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 5 reducing their positions, and 6 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 5
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
14% more funds holding
Funds holding: 43 → 49 (+6)
0.52% more ownership
Funds ownership: 6.22% → 6.74% (+0.52%)
17% less capital invested
Capital invested by funds: $25.3M → $20.9M (-$4.37M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$763K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$367K |
| 3 |
APW
Aurora Private Wealth
Rockaway,
New Jersey
|
+$290K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$196K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$299K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$297K |
| 3 |
SS
Sunbelt Securities
Houston,
Texas
|
-$249K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$152K |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$152K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IAA
51
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$299K | -39,546 | Closed |
|
|
SS
52
Sunbelt Securities
Houston,
Texas
| – | -$249K | -32,939 | Closed |
|
|
53
Envestnet Asset Management
Chicago,
Illinois
| – | -$152K | -20,016 | Closed |
|
|
54
Mercer Global Advisors
Denver,
Colorado
| – | -$152K | -20,016 | Closed |
|
|
CA
55
Calton & Associates
Tampa,
Florida
| – | -$82K | -10,794 | Closed |
|
|
NFG
56
Next Financial Group
Houston,
Texas
| – | -$4K | -513 | Closed |
|
GUT Hedge Fund Activity: Q1 2020 in Review
49 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2020, worth a combined $20.9M — down 17% from $25.3M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new GUT positions and 6 closed out — a net gain of 8 holders — while 16 added to existing stakes and 5 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $763K. The largest seller was Independent Advisor Alliance, exiting entirely with an estimated $299K sold.
- 49 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2020, up from 43 in Q4 2019.
- Funds reported $20.9M of Gabelli Utility Trust stock for Q1 2020, down 17% quarter-over-quarter.
- 14 funds opened new Gabelli Utility Trust positions in Q1 2020 and 6 closed out, a net change of +8 holders.
- The largest Gabelli Utility Trust buyer in Q1 2020 was Commonwealth Equity Services, an estimated $763K added.
- The largest Gabelli Utility Trust seller in Q1 2020 was Independent Advisor Alliance, an estimated $299K sold.
Based on aggregated 13F filings for Q1 2020.