Gabelli Utility Trust
GUT
38 hedge funds and large institutions have $15M invested in Gabelli Utility Trust in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
6% more funds holding
Funds holding: 36 → 38 (+2)
0.14% less ownership
Funds ownership: 5.03% → 4.89% (-0.14%)
9% less capital inflows, than outflows
Capital inflows: $2.38M | Capital outflows: $2.61M
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.86M |
| 2 |
Virtu KCG Holdings
New York
|
+$255K |
| 3 |
IFC Holdings
Tampa,
Florida
|
+$118K |
| 4 |
Morgan Stanley
New York
|
+$88.2K |
| 5 |
UBS
Zurich,
Switzerland
|
+$28.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.75M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$543K |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$138K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$88.2K |
| 5 |
YP
Yellowstone Partners
Idaho Falls,
Idaho
|
-$75K |
GUT Hedge Fund Activity: Q2 2014 in Review
38 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2014, worth a combined $15M — up 6.5% from $14.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GUT positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.86M. The largest seller was Yakira Capital Management, cutting an estimated $1.75M.
- 38 institutional investors held Gabelli Utility Trust (GUT) as of Q2 2014, up from 36 in Q1 2014.
- Funds reported $15M of Gabelli Utility Trust stock for Q2 2014, up 6.5% quarter-over-quarter.
- 3 funds opened new Gabelli Utility Trust positions in Q2 2014 and 1 closed out, a net change of +2 holders.
- The largest Gabelli Utility Trust buyer in Q2 2014 was LPL Financial, an estimated $1.86M added.
- The largest Gabelli Utility Trust seller in Q2 2014 was Yakira Capital Management, an estimated $1.75M sold.
Based on aggregated 13F filings for Q2 2014.