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
7% more capital invested
Capital invested by funds: $14.1M → $15M (+$917K)
6% more funds holding
Funds holding: 36 → 38 (+2)
0.14% less ownership
Funds ownership: 5.16% → 5.02% (-0.14%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| 1 |
LPL Financial
San Diego,
California
|
+$1.86M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$255K |
| 3 |
IH
IFC Holdings
Tampa,
Florida
|
+$118K |
| 4 |
Morgan Stanley
New York
|
+$88.2K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$28.4K |
Top Sellers
GUT Hedge Fund Activity: Q2 2014 in Review
38 of the 3,479 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.