GDL Fund
GDL • XNYS
GDL Fund is a publicly traded company on XNYS. As of Q3 2025, 25 institutional investors hold shares in this company, with total holdings valued at $40.3M. GABELLI SECURITIES INC is the largest holder with a position valued at $15.8M.
Overview
Overview of institutional ownership in GDL as of Q3 2025
All Institutions
- Institutions
- 25
- Value Held
- $40.3M
- Shares Held
- 4.7M
- Avg Position
- $1.6M
- Median Position
- $337.7K
Hedge Funds
- Hedge Funds
- 3
- Value Held
- $20.3M
- Shares Held
- 2.4M
- Avg Position
- $6.8M
- Median Position
- $3.5M
Biggest Investors
Institutions with the largest positions in GDL as of Q3 2025
| Institution | Position Value |
|---|---|
 GABELLI SECURITIES INC Hedge Fund•Multi-Strategy | $15.8M 2.59% of portfolio |
 Kovitz Investment Group Partners, LLC RIA/Wealth | $5.4M 0.02% of portfolio |
 Bulldog Investors, LLC Hedge Fund•Activist | $3.5M 0.86% of portfolio |
 MORGAN STANLEY RIA/Wealth | $3.4M 0.00% of portfolio |
G GAMCO INVESTORS, INC. ET AL Institution | $2.2M 0.02% of portfolio |
 Ancora Advisors, LLC RIA/Wealth | $1.5M 0.03% of portfolio |
 BANK OF AMERICA CORP /DE/ Institution | $1.5M 0.00% of portfolio |
C Cornerstone Advisors, LLC Institution | $1.3M 0.04% of portfolio |
 Goss Wealth Management LLC RIA/Wealth | $1.1M 0.00% of portfolio |
 ZAZOVE ASSOCIATES LLC Hedge Fund•Multi-Strategy | $1.0M 2.06% of portfolio |
Net Capital Flow
Institutional buying and selling activity for GDL in Q3 2025
- Traded
- −$954.5K
- Buyers
- 4
- Sellers
- 13
- Total Bought
- +$1.5M
- Total Sold
- −$2.4M
- Avg Position
- $1.5M
Biggest Buyers
| Institution | Net Bought |
|---|---|
MORGAN STANLEY RIA/Wealth | +$1.0M +117.7K shares |
 SEVEN MILE ADVISORY RIA/Wealth | +$337.7K +39.5K shares |
 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC RIA/Wealth | +$112.4K +13.1K shares |
 INTEGRATED CAPITAL MANAGEMENT, INC. RIA/Wealth | +$1.7K +194.0 shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
G GAMCO INVESTORS, INC. ET AL Institution | −$1.6M −186.1K shares |
Kovitz Investment Group Partners, LLC RIA/Wealth | −$336.9K −39.4K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | −$207.8K −24.3K shares |
C Cornerstone Advisors, LLC Institution | −$104.3K −12.2K shares |
A Advisor Group Holdings, Inc. Institution | −$45.9K −5.4K shares |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$29.1K −3.5K shares |
S STIFEL FINANCIAL CORP Long Only Manager | −$26.9K −3.2K shares |
Goss Wealth Management LLC RIA/Wealth | −$17.4K −2.0K shares |
Bulldog Investors, LLC Hedge Fund•Activist | −$12.2K −1.4K shares |
BANK OF AMERICA CORP /DE/ Institution | −$11.5K −1.4K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited GDL in Q3 2025
- New Positions
- 2
- New Value
- $337.7K
- Exited Positions
- 2
- Exited Value
- $29.1K
New Positions
| Institution | Position Value |
|---|---|
SEVEN MILE ADVISORY RIA/Wealth | $337.7K 39.5K shares |
V Virtu Financial LLC Institution | - - shares |
Exited Positions
| Institution | Previous Position |
|---|---|
RAYMOND JAMES FINANCIAL INC RIA/Wealth | $29.1K 3.5K shares |
V Virtu Financial LLC Institution | - 15.0K shares |
Options Activity
Institutions with the largest Call and Put options positions in GDL as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with GDL as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
GABELLI SECURITIES INC Hedge Fund•Multi-Strategy | 2.59% $15.8M |
ZAZOVE ASSOCIATES LLC Hedge Fund•Multi-Strategy | 2.06% $1.0M |
Bulldog Investors, LLC Hedge Fund•Activist | 0.86% $3.5M |
C CSS LLC/IL Institution | 0.17% $997.5K |
INTEGRATED CAPITAL MANAGEMENT, INC. RIA/Wealth | 0.09% $135.0K |
 Deschutes Portfolio Strategy, LLC RIA/Wealth | 0.07% $144.9K |
SEVEN MILE ADVISORY RIA/Wealth | 0.06% $337.7K |
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC RIA/Wealth | 0.05% $312.0K |
C Cornerstone Advisors, LLC Institution | 0.04% $1.3M |
Ancora Advisors, LLC RIA/Wealth | 0.03% $1.5M |
Hedge Fund Spotlight
Discover hedge funds investing in GDL
GABELLI SECURITIES INC
Hedge Fund • Multi-Strategy
Portfolio ManagerPatrick Bernard Huvane
- Portfolio Value
- $610.0M
- Positions
- 238
- Last Reported
- Q3 2025
Sector Allocation
Position in GDL Fund
- Market Value
- $15.8M
- Shares Held
- 1.8M
- Portfolio Weight
- 2.59%
- Owned Since
- 2023-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Packaged Foods Consumer Defensive | $30.8M | 5.05% | |
Unknown Unknown | $28.3M | 4.64% | |
Telecommunications Services Communication Services | $24.0M | 3.93% |
