Gabelli Utility Trust
GUT
82 hedge funds and large institutions have $32.7M invested in Gabelli Utility Trust in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 15 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
0.28% less ownership
Funds ownership: 9.71% → 9.43% (-0.28%)
5% less funds holding
Funds holding: 86 → 82 (-4)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
30% less capital inflows, than outflows
Capital inflows: $2.17M | Capital outflows: $3.11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$219K |
| 2 |
Kellett Wealth Advisors
Cincinnati,
Ohio
|
+$151K |
| 3 |
Atria Wealth Solutions
New York
|
+$132K |
| 4 |
Kestra Advisory Services
Austin,
Texas
|
+$77.4K |
| 5 |
Wolverine Asset Management
Chicago,
Illinois
|
+$73.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$645K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$381K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$274K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$243K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$166K |
GUT Hedge Fund Activity: Q4 2023 in Review
82 of the 6,877 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q4 2023, worth a combined $32.7M — down 0.93% from $33M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of GUT and 11 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 28 added.
The largest buyer was Morgan Stanley, adding an estimated $219K. The largest seller was Wells Fargo, cutting an estimated $645K.
- 82 institutional investors held Gabelli Utility Trust (GUT) as of Q4 2023, down from 86 in Q3 2023.
- Funds reported $32.7M of Gabelli Utility Trust stock for Q4 2023, down 0.93% quarter-over-quarter.
- 11 funds opened new Gabelli Utility Trust positions in Q4 2023 and 15 closed out, a net change of -4 holders.
- The largest Gabelli Utility Trust buyer in Q4 2023 was Morgan Stanley, an estimated $219K added.
- The largest Gabelli Utility Trust seller in Q4 2023 was Wells Fargo, an estimated $645K sold.
Based on aggregated 13F filings for Q4 2023.