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GUT

Gabelli Utility Trust
GUT

82 hedge funds and large institutions have $34.1M invested in Gabelli Utility Trust in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 18

0% more funds holding

Funds holding: 82 → 82 (0)

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

1.19% less ownership

Funds ownership: 11.04% → 9.85% (-1.2%)

9% less capital invested

Capital invested by funds: $37.3M → $34.1M (-$3.23M)

Holders
82
Holders Change
–
Holders Change %
0%
% of All Funds
1.18%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
29
Reduced
18
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
VCM
Virtue Capital Management
Tennessee
+$1.15M
2
CA
Cetera Advisors
Colorado
+$264K
3
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$224K
4
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$206K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$160K

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$4.6M
2
SWP
Significant Wealth Partners
Illinois
-$886K
3
LPL Financial
LPL Financial
California
-$781K
4
RTC
Riverview Trust Company
Washington
-$276K
5
VF
Virtu Financial
New York
-$128K
Name Holding Trade Value Shares
Change 		Change in
Stake
Commonwealth Equity Services
1
Commonwealth Equity Services
Massachusetts
$7.05M +$224K +42,344 +3%
LPL Financial
2
LPL Financial
California
$5.46M -$781K -147,814 -13%
Morgan Stanley
3
Morgan Stanley
New York
$4.75M -$4.6M -870,835 -50%
Osaic Holdings
4
Osaic Holdings
Arizona
$1.89M +$133K +25,274 +8%
GI
5
GAMCO Investors
Connecticut
$1.53M – – –
VCM
6
Virtue Capital Management
Tennessee
$1.17M +$1.15M +217,138 New
AWS
7
Atria Wealth Solutions
New York
$1.02M +$156K +29,567 +19%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$744K -$28.7K -5,430 -4%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$691K -$1.58K -300 -0.2%
BWP
10
Balboa Wealth Partners
Arizona
$679K +$112K +21,187 +20%
MA
11
MAS Advisors
Florida
$578K +$146K +27,627 +35%
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$551K +$206K +39,011 +62%
IAIM
13
International Assets Investment Management
Florida
$548K +$10.8K +2,052 +2%
Bank of America
14
Bank of America
North Carolina
$512K +$82.2K +15,563 +20%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$414K -$5.87K -1,112 -1%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$388K -$79.6K -15,077 -17%
RJA
17
Raymond James & Associates
Florida
$333K -$1.92K -364 -0.6%
Creative Planning
18
Creative Planning
Kansas
$332K +$53.5K +10,126 +20%
NFG
19
Nations Financial Group
Iowa
$274K +$19K +3,591 +8%
CA
20
Cetera Advisors
Colorado
$271K +$264K +50,038 New
RIL
21
Rothschild Investment LLC
Illinois
$245K – – –
WQ
22
Wealth Quarterback
New Jersey
$222K +$16.3K +3,087 +8%
PCMM
23
Piedmont Capital Management (Montana)
Montana
$218K – – –
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$211K – – –
Wealth Enhancement Advisory Services
25
Wealth Enhancement Advisory Services
Minnesota
$204K +$28.1K +5,320 +16%
1
2 3 4

GUT Hedge Fund Activity: Q1 2024 in Review

82 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gabelli Utility Trust (GUT) for Q1 2024, worth a combined $34.1M — down 8.7% from $37.3M a quarter earlier.

Fund positioning in GUT was balanced in Q1 2024: 11 funds opened new positions, 11 closed out, 29 added to existing stakes and 18 trimmed.

The largest buyer was Virtue Capital Management, opening a new position worth an estimated $1.15M. The largest seller was Morgan Stanley, cutting an estimated $4.6M.

  • 82 institutional investors held Gabelli Utility Trust (GUT) as of Q1 2024, unchanged from Q4 2023.
  • Funds reported $34.1M of Gabelli Utility Trust stock for Q1 2024, down 8.7% quarter-over-quarter.
  • 11 funds opened new Gabelli Utility Trust positions in Q1 2024 and 11 closed out, a net change of 0 holders.
  • The largest Gabelli Utility Trust buyer in Q1 2024 was Virtue Capital Management, an estimated $1.15M added.
  • The largest Gabelli Utility Trust seller in Q1 2024 was Morgan Stanley, an estimated $4.6M sold.

Based on aggregated 13F filings for Q1 2024.