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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
CB
76
Community Bank
New York
$1.79K – – –
ASN
77
Advisory Services Network
Georgia
$1.53K +$1.63K +290 New
US Bancorp
78
US Bancorp
Minnesota
$748 – – –
CWC
79
Carolinas Wealth Consulting
North Carolina
$683 – – –
SWA
80
SOA Wealth Advisors
New York
$650 – – –
FDCDDQ
81
Federation des caisses Desjardins du Quebec
Quebec, Canada
$369 – – –
HNB
82
Huntington National Bank
Ohio
$11 – – –
Fidelity Investments
83
Fidelity Investments
Massachusetts
$5 +$6 +1 New
Susquehanna International Group
84
Susquehanna International Group
Pennsylvania
– -$166K -32,128 Closed
RFC
85
Regions Financial Corp
Alabama
– -$106K -20,520 Closed
AWM
86
AE Wealth Management
Kansas
– -$93.2K -18,045 Closed
KA
87
Kovack Advisors
Florida
– -$90.8K -17,570 Closed
RF
88
Rollins Financial
Georgia
– -$74.2K -14,364 Closed
CA
89
Cetera Advisors
Colorado
– -$64.9K -12,557 Closed
KWM
90
Kingsview Wealth Management
Oregon
– -$61.5K -11,914 Closed
Envestnet Portfolio Solutions
91
Envestnet Portfolio Solutions
Illinois
– -$56.6K -10,959 Closed
PI
92
PFG Investments
New York
– -$53.2K -10,290 Closed
RFA
93
Register Financial Advisors
Georgia
– -$27.1K -5,245 Closed
NS
94
NBC Securities
Alabama
– -$18K -3,515 Closed
TWM
95
Tradition Wealth Management
Minnesota
– -$5K -952 Closed
TRCT
96
Tower Research Capital (TRC)
New York
– -$4.78K -925 Closed
CSPIA
97
Cary Street Partners Investment Advisory
Virginia
– -$3.66K -709 Closed
AWM
98
Avior Wealth Management
Nebraska
– -$2.54K -491 Closed
1 2 3
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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.