Gabelli Utility Trust
GUT
64 hedge funds and large institutions have $35M invested in Gabelli Utility Trust in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 5 closing their positions.
300% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 5
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
28% more funds holding
Funds holding: 50 → 64 (+14)
10% more capital invested
Capital invested by funds: $31.9M → $35M (+$3.07M)
0.18% more ownership
Funds ownership: 7.93% → 8.11% (+0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$430K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$365K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$339K |
| 4 |
SRC
Sage Rhino Capital
Menlo Park,
California
|
+$302K |
| 5 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
+$160K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$870K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$725K |
| 3 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
-$96K |
| 4 |
ECA
Elevated Capital Advisors
Sandy,
Utah
|
-$91.7K |
| 5 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$47.6K |
GUT Hedge Fund Activity: Q4 2020 in Review
64 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2020, worth a combined $35M — up 9.6% from $31.9M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new GUT positions and 5 closed out — a net gain of 15 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $430K. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $870K sold.
- 64 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2020, up from 50 in Q3 2020.
- Funds reported $35M of Gabelli Utility Trust stock for Q4 2020, up 9.6% quarter-over-quarter.
- 20 funds opened new Gabelli Utility Trust positions in Q4 2020 and 5 closed out, a net change of +15 holders.
- The largest Gabelli Utility Trust buyer in Q4 2020 was Millennium Management, an estimated $430K added.
- The largest Gabelli Utility Trust seller in Q4 2020 was J.W. Cole Advisors, an estimated $870K sold.
Based on aggregated 13F filings for Q4 2020.