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GUT

Gabelli Utility Trust

37 hedge funds and large institutions have $15.9M invested in Gabelli Utility Trust in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

0.08% less ownership

Funds ownership: 6.27%6.18% (-0.08%)

1% less capital invested

Capital invested by funds: $16M → $15.9M (-$125K)

3% less funds holding

Funds holding: 3837 (-1)

27% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 11

Holders
37
Holders Change
-1
Holders Change %
-2.63%
% of All Funds
1.07%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
8
Reduced
11
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$3.98M -$1.02M -162,654 -20%
Morgan Stanley
2
Morgan Stanley
New York
$2.46M -$115K -18,328 -4%
YCM
3
Yakira Capital Management
Connecticut
$2.34M +$2.35M +376,316 New
GI
4
GAMCO Investors
Connecticut
$1.83M
LPL Financial
5
LPL Financial
California
$1.1M -$73.2K -11,717 -6%
GC
6
Guggenheim Capital
Illinois
$1.09M -$58.7K -9,392 -5%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$713K -$37.6K -6,025 -5%
Bank of America
8
Bank of America
North Carolina
$326K +$313K +50,114 +2,272%
SG Americas Securities
9
SG Americas Securities
New York
$309K +$242K +38,771 +357%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$273K -$32.4K -5,183 -11%
CL
11
CSS LLC
Illinois
$260K +$261K +41,724 New
VKH
12
Virtu KCG Holdings
New York
$221K -$426K -68,221 -66%
AWA
13
AmeriServ Wealth Advisors
Pennsylvania
$176K -$856 -137 -0.5%
U
14
UBS
Switzerland
$175K -$17.1K -2,741 -9%
PNC Financial Services Group
15
PNC Financial Services Group
Pennsylvania
$108K +$75.6K +12,106 +224%
YP
16
Yellowstone Partners
Idaho
$77K +$76.9K +12,312 New
BRWA
17
B. Riley Wealth Advisors
Florida
$66K +$5.45K +872 +9%
Creative Planning
18
Creative Planning
Kansas
$65K +$53.2K +8,511 +461%
Wells Fargo
19
Wells Fargo
California
$49K -$98K -15,681 -67%
Citigroup
20
Citigroup
New York
$44K +$42.4K +6,790 +2,684%
WA
21
WFG Advisors
Texas
$38K +$919 +147 +2%
WEC
22
Winslow Evans & Crocker
Massachusetts
$37K +$37.6K +6,012 New
TRCT
23
Tower Research Capital (TRC)
New York
$25K +$16.5K +2,633 +196%
Fifth Third Bancorp
24
Fifth Third Bancorp
Ohio
$19K
NES
25
New England Securities
New York
$17K

GUT Hedge Fund Activity: Q4 2013 in Review

37 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2013, worth a combined $15.9M — down 0.78% from $16M a quarter earlier.

Fund positioning in GUT was balanced in Q4 2013: 6 funds opened new positions, 6 closed out, 8 added to existing stakes and 11 trimmed.

The largest buyer was Bank of America, adding an estimated $313K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.55M sold.

  • 37 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2013, down from 38 in Q3 2013.
  • Funds reported $15.9M of Gabelli Utility Trust stock for Q4 2013, down 0.78% quarter-over-quarter.
  • 6 funds opened new Gabelli Utility Trust positions in Q4 2013 and 6 closed out, a net change of 0 holders.
  • The largest Gabelli Utility Trust buyer in Q4 2013 was Bank of America, an estimated $313K added.
  • The largest Gabelli Utility Trust seller in Q4 2013 was Rivernorth Capital Management, an estimated $1.55M sold.

Based on aggregated 13F filings for Q4 2013.