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GUT

Gabelli Utility Trust

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.

New
Increased
Maintained
Reduced
Closed

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: 4043 (+3)

1.49% more ownership

Funds ownership: 4.73%6.22% (+1.5%)

Holders
43
Holders Change
+3
Holders Change %
+7.5%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
20
Reduced
3
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$6.22M +$3.48M +469,544 +134%
Morgan Stanley
2
Morgan Stanley
New York
$6M +$369K +49,696 +7%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$3.69M +$1.21M +162,988 +50%
GI
4
GAMCO Investors
Connecticut
$1.91M -$206K -27,702 -10%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$1.23M -$25.1K -3,387 -2%
Bank of America
6
Bank of America
North Carolina
$873K +$74.7K +10,071 +10%
LTFS
7
Ladenburg Thalmann Financial Services
Florida
$554K +$19.7K +2,652 +4%
Janney Montgomery Scott
8
Janney Montgomery Scott
Pennsylvania
$526K +$34.1K +4,598 +7%
UBS Group
9
UBS Group
Switzerland
$501K +$72.5K +9,769 +17%
Wells Fargo
10
Wells Fargo
California
$425K +$24.2K +3,260 +6%
RJA
11
Raymond James & Associates
Florida
$347K +$15.4K +2,071 +5%
IAA
12
Independent Advisor Alliance
North Carolina
$299K +$293K +39,546 New
FAAS
13
First Allied Advisory Services
California
$290K +$1.98K +267 +0.7%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$255K +$5.58K +752 +2%
SS
15
Sunbelt Securities
Texas
$249K +$7.61K +1,026 +3%
APW
16
Aurora Private Wealth
New Jersey
$242K +$237K +31,950 New
AG
17
Advisor Group
Arizona
$198K +$35.9K +4,836 +23%
PNC Financial Services Group
18
PNC Financial Services Group
Pennsylvania
$186K
SRC
19
Sage Rhino Capital
California
$173K +$26.6K +3,591 +19%
KA
20
Kovack Advisors
Florida
$169K +$24.6K +3,322 +17%
Northwestern Mutual Wealth Management
21
Northwestern Mutual Wealth Management
Wisconsin
$156K +$152K +20,547 New
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$152K +$260 +35 +0.2%
Mercer Global Advisors
23
Mercer Global Advisors
Colorado
$152K +$260 +35 +0.2%
MAFM
24
Mid Atlantic Financial Management
Pennsylvania
$85K +$83K +11,183 New
CA
25
Calton & Associates
Florida
$82K +$80.1K +10,794 New

GUT Hedge Fund Activity: Q4 2019 in Review

43 of the 5,075 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.