Gabelli Utility Trust
GUT
37 hedge funds and large institutions have $9.17M invested in Gabelli Utility Trust in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 36 → 37 (+1)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.04% less ownership
Funds ownership: 3.44% → 3.4% (-0.04%)
25% less capital inflows, than outflows
Capital inflows: $408K | Capital outflows: $545K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WFG Advisors
Dallas,
Texas
|
+$119K |
| 2 |
Virtu KCG Holdings
New York
|
+$84.9K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$82.8K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$30.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$26.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$193K |
| 2 |
GS
Girard Securities
San Diego,
California
|
-$105K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$56.3K |
| 4 |
Morgan Stanley
New York
|
-$54.7K |
| 5 |
LPL Financial
San Diego,
California
|
-$52.3K |
GUT Hedge Fund Activity: Q4 2016 in Review
37 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2016, worth a combined $9.17M — down 8.4% from $10M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GUT positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 9 trimmed.
The largest buyer was WFG Advisors, adding an estimated $119K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $193K sold.
- 37 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2016, up from 36 in Q3 2016.
- Funds reported $9.17M of Gabelli Utility Trust stock for Q4 2016, down 8.4% quarter-over-quarter.
- 4 funds opened new Gabelli Utility Trust positions in Q4 2016 and 3 closed out, a net change of +1 holder.
- The largest Gabelli Utility Trust buyer in Q4 2016 was WFG Advisors, an estimated $119K added.
- The largest Gabelli Utility Trust seller in Q4 2016 was Susquehanna International Group, an estimated $193K sold.
Based on aggregated 13F filings for Q4 2016.