Gabelli Utility Trust
GUT
40 hedge funds and large institutions have $18.4M invested in Gabelli Utility Trust in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 8 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
22% more capital invested
Capital invested by funds: $15.1M → $18.4M (+$3.3M)
0.61% more ownership
Funds ownership: 4.12% → 4.73% (+0.61%)
15% less funds holding
Funds holding: 47 → 40 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.14M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$273K |
| 4 |
SS
Sunbelt Securities
Houston,
Texas
|
+$224K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$358K |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$115K |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$104K |
| 4 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
-$91K |
| 5 |
HWM
Highwater Wealth Management
Glendale,
Colorado
|
-$78K |
GUT Hedge Fund Activity: Q3 2019 in Review
40 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q3 2019, worth a combined $18.4M — up 22% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GUT and 1 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 14 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $1.2M. The largest seller was Morgan Stanley, cutting an estimated $358K.
- 40 institutional investors held Gabelli Utility Trust (GUT) as of Q3 2019, down from 47 in Q2 2019.
- Funds reported $18.4M of Gabelli Utility Trust stock for Q3 2019, up 22% quarter-over-quarter.
- 1 fund opened new Gabelli Utility Trust positions in Q3 2019 and 8 closed out, a net change of -7 holders.
- The largest Gabelli Utility Trust buyer in Q3 2019 was Commonwealth Equity Services, an estimated $1.2M added.
- The largest Gabelli Utility Trust seller in Q3 2019 was Morgan Stanley, an estimated $358K sold.
Based on aggregated 13F filings for Q3 2019.