GDL Fund (NYSE:GDL) Big Money Sentiment Change at 1

GDL Fund’s Sentiment

In 2018 Q2 GDL Fund (NYSE:GDL) big money sentiment decreased to 1, according to Securities and Exchange Commission filings. That’s down -0.78, from 2018Q1’s 1.78. 15 institutional investors started new or increased holdings, while 15 sold and decreased their stakes in GDL Fund so the sentiment worsened. These funds own 5.88 million shares, that’s up from 5.83 million shares in 2018Q1. Funds holding GDL Fund in top 10 was flat from 0 to 0 for the same number . In total 1 funds closed positions, 14 reduced and 10 increased. Also 5 funds bought new GDL Fund stakes.

Most GDL Fund Investors

Financial & Investment Management Group Ltd owns 352,095 shares in GDL Fund as of 2018 Q2. GDL Fund’s shareholder Gabelli & Co Investment Advisers Inc. owns 732,663 shares as of 2018 Q2. Furthermore, Glacier Peak Capital Llc reported 77,884 shares in GDL Fund equivalent to 0.55% of its US long equity exposure. The Alabama-based fund Cornerstone Advisors Inc have invested about 0.42% of the fund’s stock portfolio in GDL Fund. The New Jersey-based fund Bulldog Investors Llc looks positive on GDL Fund, possessing 93,002 shares.

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc.The firm is valued at $. It is managed by Gabelli Funds, LLC.Currently it has negative earnings. The fund invests in public equity markets across the globe.

Ticker’s shares touched $9.04 during the last trading session after 0.40% change.The GDL Fund has volume of 28,314 shares. Since December 8, 2017 GDL has declined 10.14% and is downtrending. GDL underperformed the S&P 500 by 25.76%.

Raymond James Financial Services Advisors invested in 10,763 shs. Wolverine Asset Mngmt Ltd Liability Com holds 81,405 shs or 0.01% of its capital. Morgan Stanley holds 0% or 276,870 shs. Thomas J Herzfeld Advisors accumulated 4,127 shs or 0.01% of the stock. 246,587 are owned by Asset Inc. 118,652 were accumulated by Zazove Associate Llc. Glacier Peak Cap Limited Liability Corporation reported 0.55% of its capital in The GDL Fund (NYSE:GDL). Tru Of Vermont accumulated 1,550 shs. Moreover, Ancora has 0.09% invested in The GDL Fund (NYSE:GDL) for 237,220 shs. Raymond James & Associates holds 851,557 shs. 16,789 were accumulated by Royal Comml Bank Of Canada. Moreover, Geode Capital Management Ltd Com has 0% invested in The GDL Fund (NYSE:GDL). Savings Bank Of America De holds 0% in The GDL Fund (NYSE:GDL) or 296,785 shs. Pnc Service accumulated 190 shs or 0% of the stock. Lazard Asset Mgmt Limited Company stated it has 1.29M shs or 0.02% of all its holdings.

For more The GDL Fund (NYSE:GDL) news published recently go to: Businesswire.com, Businesswire.com, Seekingalpha.com, Zacks.com or Seekingalpha.com. The titles are as follows: “The GDL Fund Successfully Completes Offering and Issues $131 Million of Series C Preferred Shares – Business Wire” published on March 26, 2018, “The GDL Fund Declares Fourth Quarter 2018 Distribution of $0.10 Per Share – Business Wire” on November 16, 2018, “Closed-End Fund Discounts Continue To Fall: CEF Weekly Update – Seeking Alpha” with a publish date: April 26, 2017, “Facebook (FB) Misses Q2 Earnings and Revenue Estimates, Stock Tumbles – Zacks.com” and the last “Ford Motor (F) Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: July 25, 2018.

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