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GUT

Gabelli Utility Trust

49 hedge funds and large institutions have $25.9M invested in Gabelli Utility Trust in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

240% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 5

91% more capital invested

Capital invested by funds: $13.5M → $25.9M (+$12.3M)

5.16% more ownership

Funds ownership: 5.05%10.2% (+5.2%)

2% less funds holding

Funds holding: 5049 (-1)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

Holders
49
Holders Change
-1
Holders Change %
-2%
% of All Funds
1.12%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
17
Reduced
5
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$6.35M +$6.26M +1,088,582 +6,430%
Morgan Stanley
2
Morgan Stanley
New York
$3.96M +$113K +19,648 +3%
LCM
3
Laurion Capital Management
New York
$2.77M +$2.78M +482,657 New
RCM
4
Rivernorth Capital Management
Florida
$2.73M +$1.65M +286,369 +151%
CCP
5
Clough Capital Partners
Massachusetts
$1.84M +$1.84M +320,009 New
GI
6
GAMCO Investors
Connecticut
$1.72M +$48.5K +8,435 +3%
Wells Fargo
7
Wells Fargo
California
$1.14M +$926K +160,950 +421%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$863K +$58.3K +10,134 +7%
Bank of America
9
Bank of America
North Carolina
$638K -$105K -18,198 -14%
WAM
10
Weiss Asset Management
Massachusetts
$570K +$571K +99,206 New
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$408K -$10.1K -1,760 -2%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$317K -$8.43K -1,466 -3%
Walleye Trading
13
Walleye Trading
New York
$304K +$305K +52,983 New
LPL Financial
14
LPL Financial
California
$273K +$80.6K +14,008 +42%
UBS Group
15
UBS Group
Switzerland
$268K +$161K +27,984 +150%
IA
16
IFP Advisors
Florida
$241K +$10.4K +1,807 +4%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$209K +$12.3K +2,135 +6%
RJA
18
Raymond James & Associates
Florida
$183K -$10.5K -1,822 -5%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$183K +$108K +18,855 +144%
FAAS
20
First Allied Advisory Services
California
$179K +$13.5K +2,347 +8%
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$140K
CAG
22
Crestwood Advisors Group
Massachusetts
$88K
AG
23
Advisor Group
Arizona
$76K -$68.3K -11,871 -47%
GWM
24
Geneos Wealth Management
Colorado
$71K +$20.3K +3,538 +39%
HWM
25
Highwater Wealth Management
Colorado
$65K

GUT Hedge Fund Activity: Q2 2018 in Review

49 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2018, worth a combined $25.9M — up 91% from $13.5M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of GUT and 8 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 17 added.

The largest buyer was Sit Investment Associates, adding an estimated $6.26M. The largest seller was Credit Suisse, exiting entirely with an estimated $1M sold.

  • 49 institutional investors held Gabelli Utility Trust (GUT) as of Q2 2018, down from 50 in Q1 2018.
  • Funds reported $25.9M of Gabelli Utility Trust stock for Q2 2018, up 91% quarter-over-quarter.
  • 8 funds opened new Gabelli Utility Trust positions in Q2 2018 and 9 closed out, a net change of -1 holder.
  • The largest Gabelli Utility Trust buyer in Q2 2018 was Sit Investment Associates, an estimated $6.26M added.
  • The largest Gabelli Utility Trust seller in Q2 2018 was Credit Suisse, an estimated $1M sold.

Based on aggregated 13F filings for Q2 2018.