Gabelli Utility Trust
GUT
50 hedge funds and large institutions have $13.5M invested in Gabelli Utility Trust in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
1,745% more capital inflows, than outflows
Capital inflows: $4.47M | Capital outflows: $242K
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
35% more funds holding
Funds holding: 37 → 50 (+13)
1.35% more ownership
Funds ownership: 3.57% → 4.92% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.28M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
+$1.11M |
| 3 |
Yakira Capital Management
Westport,
Connecticut
|
+$667K |
| 4 |
Morgan Stanley
New York
|
+$351K |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$139K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$48.7K |
| 3 |
Geneos Wealth Management
Englewood,
Colorado
|
-$22.6K |
| 4 |
Calton & Associates
Tampa,
Florida
|
-$14K |
| 5 |
Stratos Wealth Partners
Beachwood,
Ohio
|
-$10K |
GUT Hedge Fund Activity: Q1 2018 in Review
50 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2018, worth a combined $13.5M — up 23% from $11M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new GUT positions and 3 closed out — a net gain of 13 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.28M. The largest seller was Bank of America, cutting an estimated $139K.
- 50 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2018, up from 37 in Q4 2017.
- Funds reported $13.5M of Gabelli Utility Trust stock for Q1 2018, up 23% quarter-over-quarter.
- 16 funds opened new Gabelli Utility Trust positions in Q1 2018 and 3 closed out, a net change of +13 holders.
- The largest Gabelli Utility Trust buyer in Q1 2018 was Rivernorth Capital Management, an estimated $1.28M added.
- The largest Gabelli Utility Trust seller in Q1 2018 was Bank of America, an estimated $139K sold.
Based on aggregated 13F filings for Q1 2018.