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GUT

Gabelli Utility Trust

81 hedge funds and large institutions have $41.2M invested in Gabelli Utility Trust in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

30% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 20

6% more capital invested

Capital invested by funds: $38.8M → $41.2M (+$2.43M)

1% more funds holding

Funds holding: 8081 (+1)

0.81% less ownership

Funds ownership: 10.56%9.75% (-0.81%)

Holders
81
Holders Change
+1
Holders Change %
+1.25%
% of All Funds
1.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
26
Reduced
20
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
1
Commonwealth Equity Services
Massachusetts
$8.32M +$244K +36,090 +3%
LPL Financial
2
LPL Financial
California
$7.86M +$34.4K +5,100 +0.4%
Morgan Stanley
3
Morgan Stanley
New York
$5.55M +$182K +26,946 +3%
Osaic Holdings
4
Osaic Holdings
Arizona
$2.36M -$103K -15,219 -4%
GI
5
GAMCO Investors
Connecticut
$1.87M -$156K -23,088 -8%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$1.03M -$656K -97,183 -38%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$949K -$2.73K -404 -0.3%
AWS
8
Atria Wealth Solutions
New York
$908K -$143K -21,180 -13%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$851K -$1.68K -248 -0.2%
IAIM
10
International Assets Investment Management
Florida
$847K
MA
11
MAS Advisors
Florida
$709K -$459K -67,933 -39%
Wells Fargo
12
Wells Fargo
California
$704K -$10.5K -1,556 -1%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$667K -$131K -19,363 -16%
BWP
14
Balboa Wealth Partners
Arizona
$583K -$7.62K -1,128 -1%
Bank of America
15
Bank of America
North Carolina
$567K +$31.5K +4,668 +6%
RJA
16
Raymond James & Associates
Florida
$493K -$108K -15,951 -18%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$415K -$331 -49 -0.1%
RIL
18
Rothschild Investment LLC
Illinois
$354K
Creative Planning
19
Creative Planning
Kansas
$335K +$12K +1,779 +4%
NFG
20
Nations Financial Group
Iowa
$285K +$10.4K +1,539 +4%
HH
21
Hilltop Holdings
Texas
$274K -$577K -85,403 -67%
PCMM
22
Piedmont Capital Management (Montana)
Montana
$267K
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$257K
UBS Group
24
UBS Group
Switzerland
$255K -$56K -8,296 -18%
WQ
25
Wealth Quarterback
New Jersey
$247K +$4.74K +702 +2%

GUT Hedge Fund Activity: Q2 2023 in Review

81 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2023, worth a combined $41.2M — up 6.3% from $38.8M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new GUT positions and 5 closed out — a net gain of 2 holders — while 26 added to existing stakes and 20 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $244K. The largest seller was Foundations Investment Advisors, exiting entirely with an estimated $1.98M sold.

  • 81 institutional investors held Gabelli Utility Trust (GUT) as of Q2 2023, up from 80 in Q1 2023.
  • Funds reported $41.2M of Gabelli Utility Trust stock for Q2 2023, up 6.3% quarter-over-quarter.
  • 7 funds opened new Gabelli Utility Trust positions in Q2 2023 and 5 closed out, a net change of +2 holders.
  • The largest Gabelli Utility Trust buyer in Q2 2023 was Commonwealth Equity Services, an estimated $244K added.
  • The largest Gabelli Utility Trust seller in Q2 2023 was Foundations Investment Advisors, an estimated $1.98M sold.

Based on aggregated 13F filings for Q2 2023.