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.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
5% more funds holding
Funds holding: 37 → 39 (+2)
5% more capital inflows, than outflows
Capital inflows: $1.01M | Capital outflows: $964K
0.03% less ownership
Funds ownership: 3.43% → 3.39% (-0.03%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$561K |
| 2 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$121K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$114K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$80.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$49.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$402K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
-$216K |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
-$163K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$34.6K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$34.2K |
GUT Hedge Fund Activity: Q2 2017 in Review
39 of the 4,023 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 $9.9M 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.