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GUT

Gabelli Utility Trust
GUT

82 hedge funds and large institutions have $37.3M invested in Gabelli Utility Trust in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 19

13% more capital invested

Capital invested by funds: $33M → $37.3M (+$4.31M)

1.08% more ownership

Funds ownership: 9.96% → 11.04% (+1.1%)

5% less funds holding

Funds holding: 86 → 82 (-4)

27% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 15

Holders
82
Holders Change
-4
Holders Change %
-4.65%
% of All Funds
1.2%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
28
Reduced
19
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$5.13M
2
KWA
Kellett Wealth Advisors
Ohio
+$151K
3
AWS
Atria Wealth Solutions
New York
+$132K
4
KAS
Kestra Advisory Services
Texas
+$77.5K
5
WAM
Wolverine Asset Management
Illinois
+$73.7K

Top Sellers

1
Wells Fargo
Wells Fargo
California
-$645K
2
Osaic Holdings
Osaic Holdings
Arizona
-$381K
3
Bank of America
Bank of America
North Carolina
-$274K
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$243K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$166K
Name Holding Trade Value Shares
Change 		Change in
Stake
M
51
MOTCO
Texas
$65.9K – – –
Mariner
52
Mariner
Kansas
$65.6K +$69.8K +12,424 New
SIMG
53
Sonora Investment Management Group
Arizona
$65.1K – – –
Stifel Financial
54
Stifel Financial
Missouri
$61.6K – – –
Nomura Holdings
55
Nomura Holdings
Japan
$61.2K +$65.1K +11,594 New
PA
56
Pinnacle Associates
New York
$60.5K – – –
TF
57
Trek Financial
Arizona
$59.9K -$21.3K -3,788 -25%
LCM
58
Liberty Capital Management
Michigan
$54.2K – – –
HCM
59
Highlander Capital Management
New Jersey
$48.6K +$9.8K +1,744 +23%
RMC
60
Resources Management Corp
Connecticut
$46K +$607 +108 +1%
GRP
61
Global Retirement Partners
California
$39.2K -$12K -2,142 -22%
NA
62
NewEdge Advisors
Louisiana
$17.6K – – –
PFA
63
Pathway Financial Advisers
Indiana
$17.3K +$388 +69 +2%
Wells Fargo
64
Wells Fargo
California
$16.4K -$645K -114,844 -97%
Fifth Third Bancorp
65
Fifth Third Bancorp
Ohio
$13.6K – – –
Northwestern Mutual Wealth Management
66
Northwestern Mutual Wealth Management
Wisconsin
$13.4K -$2.61K -464 -15%
NRG
67
Nemes Rush Group
Michigan
$9.87K +$9.5K +1,691 +955%
PS
68
Principal Securities
Iowa
$9.47K +$10.1K +1,792 New
MRCM
69
M&R Capital Management
New Jersey
$9.46K +$236 +42 +2%
PBK
70
Peoples Bank (Kansas)
Kansas
$8.13K – – –
BWAM
71
Boyd Watterson Asset Management
Ohio
$3.9K – – –
HI
72
Harbour Investments
Wisconsin
$3.12K -$3.07K -546 -48%
LFG
73
Larson Financial Group
Missouri
$2.71K – – –
EC
74
EdgeRock Capital
Colorado
$1.81K +$1.95K +347 New
JP Morgan Chase
75
JP Morgan Chase
New York
$1.8K +$1.92K +342 New
1 2
3
4

GUT Hedge Fund Activity: Q4 2023 in Review

82 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2023, worth a combined $37.3M — up 13% from $33M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of GUT and 11 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 28 added.

The largest buyer was Morgan Stanley, adding an estimated $5.13M. The largest seller was Wells Fargo, cutting an estimated $645K.

  • 82 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2023, down from 86 in Q3 2023.
  • Funds reported $37.3M of Gabelli Utility Trust stock for Q4 2023, up 13% quarter-over-quarter.
  • 11 funds opened new Gabelli Utility Trust positions in Q4 2023 and 15 closed out, a net change of -4 holders.
  • The largest Gabelli Utility Trust buyer in Q4 2023 was Morgan Stanley, an estimated $5.13M added.
  • The largest Gabelli Utility Trust seller in Q4 2023 was Wells Fargo, an estimated $645K sold.

Based on aggregated 13F filings for Q4 2023.