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GUT

Gabelli Utility Trust

62 hedge funds and large institutions have $30.3M invested in Gabelli Utility Trust in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 14

17% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 12

0.01% less ownership

Funds ownership: 8.11%8.1% (-0.01%)

3% less funds holding

Funds holding: 6462 (-2)

13% less capital invested

Capital invested by funds: $35M → $30.3M (-$4.68M)

Holders
62
Holders Change
-2
Holders Change %
-3.13%
% of All Funds
1.09%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
20
Reduced
14
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$5.46M +$31.3K +4,134 +0.5%
Morgan Stanley
2
Morgan Stanley
New York
$5.12M -$386K -50,891 -6%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$4.52M +$234K +30,830 +5%
ECA
4
Elevated Capital Advisors
Utah
$2.34M +$310K +40,830 +13%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$2.03M +$494K +65,211 +28%
IAIM
6
International Assets Investment Management
Florida
$1.89M +$962K +126,918 +98%
GI
7
GAMCO Investors
Connecticut
$1.47M -$193K -25,490 -10%
Osaic Holdings
8
Osaic Holdings
Arizona
$944K +$107K +14,177 +11%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$544K +$28.9K +3,812 +5%
UBS Group
10
UBS Group
Switzerland
$494K +$4.99K +658 +0.9%
CS
11
Credit Suisse
Switzerland
$480K +$540K +71,233 New
RJFSA
12
Raymond James Financial Services Advisors
Florida
$462K +$5.22K +688 +1%
RJA
13
Raymond James & Associates
Florida
$409K +$3.41K +450 +0.7%
Wells Fargo
14
Wells Fargo
California
$408K +$31.6K +4,162 +7%
APW
15
Aurora Private Wealth
New Jersey
$375K +$10.9K +1,437 +3%
Cetera Investment Advisers
16
Cetera Investment Advisers
Illinois
$303K -$8 -1 -0%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$285K -$5.81K -766 -2%
Bank of America
18
Bank of America
North Carolina
$262K -$4.16K -548 -1%
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$262K
FIA
20
Foundations Investment Advisors
Arizona
$181K +$11.9K +1,570 +6%
TF
21
Trek Financial
Arizona
$174K -$25.3K -3,332 -11%
MAFM
22
Mid Atlantic Financial Management
Pennsylvania
$171K +$192K +25,342 New
VF
23
Virtu Financial
New York
$142K +$66K +8,702 +70%
RF
24
Rollins Financial
Georgia
$97K
SF
25
Synovus Financial
Georgia
$91K

GUT Hedge Fund Activity: Q1 2021 in Review

62 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2021, worth a combined $30.3M — down 13% from $35M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new GUT positions and 12 closed out — a net gain of 2 holders — while 20 added to existing stakes and 14 trimmed.

The largest buyer was International Assets Investment Management, adding an estimated $962K. The largest seller was Sage Rhino Capital, exiting entirely with an estimated $1.3M sold.

  • 62 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2021, down from 64 in Q4 2020.
  • Funds reported $30.3M of Gabelli Utility Trust stock for Q1 2021, down 13% quarter-over-quarter.
  • 14 funds opened new Gabelli Utility Trust positions in Q1 2021 and 12 closed out, a net change of +2 holders.
  • The largest Gabelli Utility Trust buyer in Q1 2021 was International Assets Investment Management, an estimated $962K added.
  • The largest Gabelli Utility Trust seller in Q1 2021 was Sage Rhino Capital, an estimated $1.3M sold.

Based on aggregated 13F filings for Q1 2021.