Gabelli Utility Trust
GUT
42 hedge funds and large institutions have $10.6M invested in Gabelli Utility Trust in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 9 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
0.79% less ownership
Funds ownership: 4.15% → 3.36% (-0.79%)
5% less funds holding
Funds holding: 44 → 42 (-2)
17% less capital invested
Capital invested by funds: $12.8M → $10.6M (-$2.22M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$138K |
| 2 |
Morgan Stanley
New York
|
+$132K |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$106K |
| 4 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
+$91.5K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$63.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.73M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$913K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$181K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$144K |
| 5 |
CAG
Crestwood Advisors Group
Boston,
Massachusetts
|
-$87K |
GUT Hedge Fund Activity: Q4 2018 in Review
42 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2018, worth a combined $10.6M — down 17% from $12.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of GUT and 7 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 13 added.
The largest buyer was Royal Bank of Canada, adding an estimated $138K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.73M sold.
- 42 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2018, down from 44 in Q3 2018.
- Funds reported $10.6M of Gabelli Utility Trust stock for Q4 2018, down 17% quarter-over-quarter.
- 7 funds opened new Gabelli Utility Trust positions in Q4 2018 and 9 closed out, a net change of -2 holders.
- The largest Gabelli Utility Trust buyer in Q4 2018 was Royal Bank of Canada, an estimated $138K added.
- The largest Gabelli Utility Trust seller in Q4 2018 was Laurion Capital Management, an estimated $1.73M sold.
Based on aggregated 13F filings for Q4 2018.