Gabelli Utility Trust
GUT
43 hedge funds and large institutions have $25.3M invested in Gabelli Utility Trust in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 3 reducing their positions, and 2 closing their positions.
567% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 3
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
38% more capital invested
Capital invested by funds: $18.4M → $25.3M (+$6.94M)
8% more funds holding
Funds holding: 40 → 43 (+3)
1.49% more ownership
Funds ownership: 4.73% → 6.22% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.48M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.21M |
| 3 |
Morgan Stanley
New York
|
+$369K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$293K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$206K |
| 2 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$68.6K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$25.1K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6K |
| 5 |
CHC
City Holding Co
Charleston,
West Virginia
|
-$2K |
GUT Hedge Fund Activity: Q4 2019 in Review
43 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2019, worth a combined $25.3M — up 38% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GUT positions and 2 closed out — a net gain of 5 holders — while 20 added to existing stakes and 3 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.48M. The largest seller was GAMCO Investors, cutting an estimated $206K.
- 43 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2019, up from 40 in Q3 2019.
- Funds reported $25.3M of Gabelli Utility Trust stock for Q4 2019, up 38% quarter-over-quarter.
- 7 funds opened new Gabelli Utility Trust positions in Q4 2019 and 2 closed out, a net change of +5 holders.
- The largest Gabelli Utility Trust buyer in Q4 2019 was LPL Financial, an estimated $3.48M added.
- The largest Gabelli Utility Trust seller in Q4 2019 was GAMCO Investors, an estimated $206K sold.
Based on aggregated 13F filings for Q4 2019.