Gabelli Utility Trust
GUT
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.
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
1% more funds holding
Funds holding: 80 → 81 (+1)
0.81% less ownership
Funds ownership: 10.56% → 9.75% (-0.81%)
13% less capital invested
Capital invested by funds: $47.3M → $41.2M (-$6.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$244K |
| 2 |
Morgan Stanley
New York
|
+$182K |
| 3 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$95.1K |
| 4 |
VFPW
Vantage Financial Partners (Wisconsin)
Elm Grove,
Wisconsin
|
+$77.1K |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$73K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$1.98M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$656K |
| 3 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$577K |
| 4 |
MA
MAS Advisors
Miami,
Florida
|
-$459K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$172K |
GUT Hedge Fund Activity: Q2 2023 in Review
81 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q2 2023, worth a combined $41.2M — down 13% from $47.3M 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, down 13% 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.