Gabelli Utility Trust
GUT
86 hedge funds and large institutions have $33M invested in Gabelli Utility Trust in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 25 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
62% more capital inflows, than outflows
Capital inflows: $2.36M | Capital outflows: $1.46M
6% more funds holding
Funds holding: 81 → 86 (+5)
0.21% more ownership
Funds ownership: 9.5% → 9.71% (+0.21%)
4% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Riverview Trust Company
Vancouver,
Washington
|
+$346K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$279K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$233K |
| 4 |
Virtu Financial
New York
|
+$230K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kellett Wealth Advisors
Cincinnati,
Ohio
|
-$215K |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$208K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$167K |
| 4 |
Empirical Wealth Management
Seattle,
Washington
|
-$93K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
-$80.7K |
GUT Hedge Fund Activity: Q3 2023 in Review
86 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q3 2023, worth a combined $33M — down 20% from $41.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GUT positions and 8 closed out — a net gain of 5 holders — while 24 added to existing stakes and 25 trimmed.
The largest buyer was Riverview Trust Company, opening a new position worth an estimated $346K. The largest seller was Kellett Wealth Advisors, exiting entirely with an estimated $215K sold.
- 86 institutional investors held Gabelli Utility Trust (GUT) as of Q3 2023, up from 81 in Q2 2023.
- Funds reported $33M of Gabelli Utility Trust stock for Q3 2023, down 20% quarter-over-quarter.
- 13 funds opened new Gabelli Utility Trust positions in Q3 2023 and 8 closed out, a net change of +5 holders.
- The largest Gabelli Utility Trust buyer in Q3 2023 was Riverview Trust Company, an estimated $346K added.
- The largest Gabelli Utility Trust seller in Q3 2023 was Kellett Wealth Advisors, an estimated $215K sold.
Based on aggregated 13F filings for Q3 2023.