Gabelli Utility Trust
GUT
80 hedge funds and large institutions have $38.8M invested in Gabelli Utility Trust in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
10% more funds holding
Funds holding: 73 → 80 (+7)
0.02% less ownership
Funds ownership: 10.57% → 10.56% (-0.02%)
21% less capital invested
Capital invested by funds: $49.3M → $38.8M (-$10.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWS
Atria Wealth Solutions
New York
|
+$552K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$334K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$303K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$205K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$1.68M |
| 2 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$327K |
| 3 |
Goldman Sachs
New York
|
-$148K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$112K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$110K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
US Bancorp
Minneapolis,
Minnesota
| $987 | – | – | – |
|
|
CWC
77
Carolinas Wealth Consulting
Charlotte,
North Carolina
| $901 | – | – | – |
|
|
SWA
78
SOA Wealth Advisors
New York
| $858 | – | – | – |
|
|
EC
79
Elequin Capital
New York
| $715 | +$731 | +103 | New |
|
|
FDCDDQ
80
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $486 | – | – | – |
|
|
HNB
81
Huntington National Bank
Columbus,
Ohio
| $264 | – | – | – |
|
|
82
Goldman Sachs
New York
| – | -$148K | -20,253 | Closed |
|
|
IA
83
IFP Advisors
Tampa,
Florida
| – | -$6K | -1,026 | Closed |
|
|
BTI
84
Blue Trust Inc
Alpharetta,
Georgia
| – | -$7K | -985 | Closed |
|
85
Rockefeller Capital Management
New York
| – | -$2K | -405 | Closed |
|
GUT Hedge Fund Activity: Q1 2023 in Review
80 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2023, worth a combined $38.8M — down 21% from $49.3M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GUT positions and 4 closed out — a net gain of 8 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was Atria Wealth Solutions, adding an estimated $552K. The largest seller was International Assets Investment Management, cutting an estimated $1.68M.
- 80 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2023, up from 73 in Q4 2022.
- Funds reported $38.8M of Gabelli Utility Trust stock for Q1 2023, down 21% quarter-over-quarter.
- 12 funds opened new Gabelli Utility Trust positions in Q1 2023 and 4 closed out, a net change of +8 holders.
- The largest Gabelli Utility Trust buyer in Q1 2023 was Atria Wealth Solutions, an estimated $552K added.
- The largest Gabelli Utility Trust seller in Q1 2023 was International Assets Investment Management, an estimated $1.68M sold.
Based on aggregated 13F filings for Q1 2023.