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GUT

Gabelli Utility Trust
GUT

80 hedge funds and large institutions have $38.8M invested in Gabelli Utility Trust in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 4

53% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 17

10% more funds holding

Funds holding: 73 → 80 (+7)

0.02% less ownership

Funds ownership: 10.57% → 10.56% (-0.02%)

21% less capital invested

Capital invested by funds: $49.3M → $38.8M (-$10.6M)

Holders
80
Holders Change
+7
Holders Change %
+9.59%
% of All Funds
1.27%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
12
Increased
26
Reduced
17
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
AWS
Atria Wealth Solutions
New York
+$552K
2
Osaic Holdings
Osaic Holdings
Arizona
+$334K
3
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$303K
4
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$205K
5
RJFSA
Raymond James Financial Services Advisors
Florida
+$188K

Top Sellers

1
IAIM
International Assets Investment Management
Florida
-$1.68M
2
HH
Hilltop Holdings
Texas
-$327K
3
Goldman Sachs
Goldman Sachs
New York
-$148K
4
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
-$112K
5
UBS Group
UBS Group
Switzerland
-$110K
Name Holding Trade Value Shares
Change 		Change in
Stake
LPL Financial
1
LPL Financial
California
$8.25M +$93.8K +13,218 +1%
Morgan Stanley
2
Morgan Stanley
New York
$5.66M -$41.8K -5,892 -0.7%
Osaic Holdings
3
Osaic Holdings
Arizona
$2.59M +$334K +47,123 +15%
GI
4
GAMCO Investors
Connecticut
$2.13M -$1.45K -205 -0.1%
FIA
5
Foundations Investment Advisors
Arizona
$1.98M +$86.6K +12,212 +4%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$1.76M -$7.63K -1,076 -0.4%
MA
7
MAS Advisors
Florida
$1.22M +$9.27K +1,307 +0.8%
AWS
8
Atria Wealth Solutions
New York
$1.11M +$552K +77,866 +96%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$1M +$303K +42,727 +42%
Janney Montgomery Scott
10
Janney Montgomery Scott
Pennsylvania
$899K -$112K -15,758 -11%
IAIM
11
International Assets Investment Management
Florida
$893K -$1.68M -236,845 -65%
HH
12
Hilltop Holdings
Texas
$884K -$327K -46,063 -27%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$838K +$188K +26,452 +28%
Wells Fargo
14
Wells Fargo
California
$754K +$38.3K +5,400 +5%
RJA
15
Raymond James & Associates
Florida
$631K +$1.33K +188 +0.2%
BWP
16
Balboa Wealth Partners
Arizona
$623K +$53.1K +7,489 +9%
Bank of America
17
Bank of America
North Carolina
$565K +$4.96K +699 +0.9%
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$437K -$8.05K -1,135 -2%
RIL
19
Rothschild Investment LLC
Illinois
$373K – – –
Creative Planning
20
Creative Planning
Kansas
$341K -$1.27K -179 -0.4%
UBS Group
21
UBS Group
Switzerland
$327K -$110K -15,571 -25%
NFG
22
Nations Financial Group
Iowa
$289K +$19.7K +2,778 +7%
PCMM
23
Piedmont Capital Management (Montana)
Montana
$282K – – –
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$271K – – –
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$258K +$105K +14,803 +66%
1
2 3 4

GUT Hedge Fund Activity: Q1 2023 in Review

80 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2023, worth a combined $38.8M — down 21% from $49.3M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new GUT positions and 4 closed out — a net gain of 8 holders — while 26 added to existing stakes and 17 trimmed.

The largest buyer was Atria Wealth Solutions, adding an estimated $552K. The largest seller was International Assets Investment Management, cutting an estimated $1.68M.

  • 80 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2023, up from 73 in Q4 2022.
  • Funds reported $38.8M of Gabelli Utility Trust stock for Q1 2023, down 21% quarter-over-quarter.
  • 12 funds opened new Gabelli Utility Trust positions in Q1 2023 and 4 closed out, a net change of +8 holders.
  • The largest Gabelli Utility Trust buyer in Q1 2023 was Atria Wealth Solutions, an estimated $552K added.
  • The largest Gabelli Utility Trust seller in Q1 2023 was International Assets Investment Management, an estimated $1.68M sold.

Based on aggregated 13F filings for Q1 2023.