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GUT

Gabelli Utility Trust

63 hedge funds and large institutions have $36.5M invested in Gabelli Utility Trust in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 11

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

20% more capital invested

Capital invested by funds: $30.3M → $36.5M (+$6.21M)

2% more funds holding

Funds holding: 6263 (+1)

0.42% more ownership

Funds ownership: 8.1%8.52% (+0.42%)

Holders
63
Holders Change
+1
Holders Change %
+1.61%
% of All Funds
1.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
31
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$7.61M +$1.23M +170,942 +21%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$6.19M +$918K +127,346 +19%
Morgan Stanley
3
Morgan Stanley
New York
$5.75M -$122K -16,923 -2%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$2.48M +$140K +19,369 +6%
SIA
5
Sit Investment Associates
Minnesota
$2.42M +$2.17M +301,059 +2,931%
GI
6
GAMCO Investors
Connecticut
$1.93M +$224K +31,102 +14%
Osaic Holdings
7
Osaic Holdings
Arizona
$1.51M +$396K +54,894 +39%
IAIM
8
International Assets Investment Management
Florida
$1.02M -$906K -125,754 -49%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$739K +$105K +14,542 +18%
UBS Group
10
UBS Group
Switzerland
$556K -$12.2K -1,688 -2%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$540K +$7.8K +1,083 +2%
RJA
12
Raymond James & Associates
Florida
$512K +$38.2K +5,302 +9%
Wells Fargo
13
Wells Fargo
California
$464K -$5.57K -773 -1%
APW
14
Aurora Private Wealth
New Jersey
$430K -$778 -108 -0.2%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$349K +$7 +1 +0%
Bank of America
16
Bank of America
North Carolina
$306K +$3.6K +500 +1%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$302K
BWM
18
BerganKDV Wealth Management
Minnesota
$231K +$215K +29,786 New
FIA
19
Foundations Investment Advisors
Arizona
$219K +$16.7K +2,321 +9%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$215K -$105K -14,618 -35%
MAFM
21
Mid Atlantic Financial Management
Pennsylvania
$199K +$2.22K +308 +1%
TF
22
Trek Financial
Arizona
$193K -$6.6K -916 -4%
WQ
23
Wealth Quarterback
New Jersey
$183K +$170K +23,533 New
KA
24
Kovack Advisors
Florida
$174K +$162K +22,475 New
GLA
25
Good Life Advisors
Pennsylvania
$150K +$48.1K +6,673 +53%

GUT Hedge Fund Activity: Q2 2021 in Review

63 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2021, worth a combined $36.5M — up 20% from $30.3M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new GUT positions and 5 closed out — a net gain of 2 holders — while 31 added to existing stakes and 11 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $2.17M. The largest seller was International Assets Investment Management, cutting an estimated $906K.

  • 63 institutional investors held Gabelli Utility Trust (GUT) as of Q2 2021, up from 62 in Q1 2021.
  • Funds reported $36.5M of Gabelli Utility Trust stock for Q2 2021, up 20% quarter-over-quarter.
  • 7 funds opened new Gabelli Utility Trust positions in Q2 2021 and 5 closed out, a net change of +2 holders.
  • The largest Gabelli Utility Trust buyer in Q2 2021 was Sit Investment Associates, an estimated $2.17M added.
  • The largest Gabelli Utility Trust seller in Q2 2021 was International Assets Investment Management, an estimated $906K sold.

Based on aggregated 13F filings for Q2 2021.