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GUT

Gabelli Utility Trust
GUT

39 hedge funds and large institutions have $10.3M invested in Gabelli Utility Trust in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

5% more funds holding

Funds holding: 37 → 39 (+2)

4% more capital invested

Capital invested by funds: $9.92M → $10.3M (+$394K)

0.03% less ownership

Funds ownership: 3.52% → 3.48% (-0.03%)

20% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 10

Holders
39
Holders Change
+2
Holders Change %
+5.41%
% of All Funds
0.97%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
8
Reduced
10
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$561K
2
RJFSA
Raymond James Financial Services Advisors
Florida
+$121K
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$114K
4
MML Investors Services
MML Investors Services
Massachusetts
+$80.9K
5
Wells Fargo
Wells Fargo
California
+$49.6K

Top Sellers

1
LPL Financial
LPL Financial
California
-$402K
2
Creative Planning
Creative Planning
Kansas
-$216K
3
WA
WFG Advisors
Texas
-$163K
4
Bank of America
Bank of America
North Carolina
-$34.6K
5
Ameriprise
Ameriprise
Minnesota
-$34.2K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$4.02M +$561K +84,047 +17%
GI
2
GAMCO Investors
Connecticut
$1.98M – – –
Bank of America
3
Bank of America
North Carolina
$931K -$34.6K -5,183 -4%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$475K -$20.7K -3,096 -4%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$419K -$10.3K -1,543 -2%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$328K +$3.42K +513 +1%
LPL Financial
7
LPL Financial
California
$293K -$402K -60,260 -58%
IA
8
IFP Advisors
Florida
$265K -$17.3K -2,588 -6%
RJA
9
Raymond James & Associates
Florida
$253K +$21.8K +3,274 +10%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$225K +$121K +18,076 +121%
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$166K – – –
FAAS
12
First Allied Advisory Services
California
$130K +$20.5K +3,078 +19%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$116K +$114K +17,062 New
Wells Fargo
14
Wells Fargo
California
$104K +$49.6K +7,440 +96%
Ameriprise
15
Ameriprise
Minnesota
$91K -$34.2K -5,122 -28%
MML Investors Services
16
MML Investors Services
Massachusetts
$83K +$80.9K +12,132 New
WA
17
WFG Advisors
Texas
$81K -$163K -24,417 -67%
HWM
18
Highwater Wealth Management
Colorado
$77K – – –
FMTCOCP
19
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$33.5K – – –
AG
20
Advisor Group
Arizona
$33K +$8.24K +1,235 +34%
SEI Investments
21
SEI Investments
Pennsylvania
$33K +$32.1K +4,817 New
SPIA
22
Steward Partners Investment Advisory
New York
$26K – – –
GWM
23
Geneos Wealth Management
Colorado
$22K +$53 +8 +0.2%
MBT
24
Monroe Bank & Trust
Michigan
$21K – – –
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$20K -$734 -110 -4%
1
2

GUT Hedge Fund Activity: Q2 2017 in Review

39 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2017, worth a combined $10.3M — up 4% from $9.92M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new GUT positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 10 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $561K. The largest seller was LPL Financial, cutting an estimated $402K.

  • 39 institutional investors held Gabelli Utility Trust (GUT) as of Q2 2017, up from 37 in Q1 2017.
  • Funds reported $10.3M of Gabelli Utility Trust stock for Q2 2017, up 4% quarter-over-quarter.
  • 4 funds opened new Gabelli Utility Trust positions in Q2 2017 and 2 closed out, a net change of +2 holders.
  • The largest Gabelli Utility Trust buyer in Q2 2017 was Morgan Stanley, an estimated $561K added.
  • The largest Gabelli Utility Trust seller in Q2 2017 was LPL Financial, an estimated $402K sold.

Based on aggregated 13F filings for Q2 2017.