Gabelli Utility Trust
GUT
43 hedge funds and large institutions have $12.7M invested in Gabelli Utility Trust in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
20% more capital invested
Capital invested by funds: $10.6M → $12.7M (+$2.08M)
2% more funds holding
Funds holding: 42 → 43 (+1)
0.08% more ownership
Funds ownership: 3.45% → 3.52% (+0.08%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$129K |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$100K |
| 3 |
LCM
Liberty Capital Management
Birmingham,
Michigan
|
+$65.5K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$49.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$46.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$102K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$75.2K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$62K |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$41.9K |
| 5 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
-$13.1K |
GUT Hedge Fund Activity: Q1 2019 in Review
43 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2019, worth a combined $12.7M — up 20% from $10.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GUT positions and 5 closed out — a net gain of 1 holder — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $129K. The largest seller was Royal Bank of Canada, cutting an estimated $102K.
- 43 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2019, up from 42 in Q4 2018.
- Funds reported $12.7M of Gabelli Utility Trust stock for Q1 2019, up 20% quarter-over-quarter.
- 6 funds opened new Gabelli Utility Trust positions in Q1 2019 and 5 closed out, a net change of +1 holder.
- The largest Gabelli Utility Trust buyer in Q1 2019 was Morgan Stanley, an estimated $129K added.
- The largest Gabelli Utility Trust seller in Q1 2019 was Royal Bank of Canada, an estimated $102K sold.
Based on aggregated 13F filings for Q1 2019.