Gabelli Utility Trust
GUT
48 hedge funds and large institutions have $28.6M invested in Gabelli Utility Trust in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 10 closing their positions.
36% more capital invested
Capital invested by funds: $20.9M → $28.6M (+$7.62M)
0.69% more ownership
Funds ownership: 6.74% → 7.43% (+0.69%)
2% less funds holding
Funds holding: 49 → 48 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$436K |
| 2 |
SRC
Sage Rhino Capital
Menlo Park,
California
|
+$322K |
| 3 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$321K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$288K |
| 5 |
TF
Trek Financial
Scottsdale,
Arizona
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$318K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$286K |
| 3 |
APW
Aurora Private Wealth
Rockaway,
New Jersey
|
-$189K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$150K |
| 5 |
Morgan Stanley
New York
|
-$128K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CL
51
CSS LLC
Chicago,
Illinois
| – | -$58K | -10,260 | Closed |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| – | -$34K | -5,876 | Closed |
|
|
WAP
53
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$16K | -2,873 | Closed |
|
|
WT
54
Washington Trust
Westerly,
Rhode Island
| – | -$6K | -1,026 | Closed |
|
|
MPWT
55
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$6K | -1,024 | Closed |
|
|
WQ
56
Wealth Quarterback
Toms River,
New Jersey
| – | -$5.35K | -939 | Closed |
|
57
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -374 | Closed |
|
|
AIC
58
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$1K | -205 | Closed |
|
GUT Hedge Fund Activity: Q2 2020 in Review
48 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2020, worth a combined $28.6M — up 36% from $20.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of GUT and 9 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 9 added.
The largest buyer was Royal Bank of Canada, adding an estimated $436K. The largest seller was Osaic Holdings, cutting an estimated $318K.
- 48 institutional investors held Gabelli Utility Trust (GUT) as of Q2 2020, down from 49 in Q1 2020.
- Funds reported $28.6M of Gabelli Utility Trust stock for Q2 2020, up 36% quarter-over-quarter.
- 9 funds opened new Gabelli Utility Trust positions in Q2 2020 and 10 closed out, a net change of -1 holder.
- The largest Gabelli Utility Trust buyer in Q2 2020 was Royal Bank of Canada, an estimated $436K added.
- The largest Gabelli Utility Trust seller in Q2 2020 was Osaic Holdings, an estimated $318K sold.
Based on aggregated 13F filings for Q2 2020.