GDL Fund (GDL) : Glacier Peak Capital scooped up 95 additional shares in GDL Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 812,243 shares of GDL Fund which is valued at $8,073,695.GDL Fund makes up approximately 8.07% of Glacier Peak Capital’s portfolio.
Other Hedge Funds, Including , Bulldog Investors reduced its stake in GDL by selling 16,275 shares or 23.19% in the most recent quarter. The Hedge Fund company now holds 53,898 shares of GDL which is valued at $535,746. GDL Fund makes up approx 0.14% of Bulldog Investors’s portfolio.Tower Research Capital (trc) reduced its stake in GDL by selling 289 shares or 91.17% in the most recent quarter. The Hedge Fund company now holds 28 shares of GDL which is valued at $278.Gabelli Securities boosted its stake in GDL in the latest quarter, The investment management firm added 29,170 additional shares and now holds a total of 1,395,750 shares of GDL Fund which is valued at $13,817,925. GDL Fund makes up approx 2.09% of Gabelli Securities’s portfolio.Wedbush Securities Inc boosted its stake in GDL in the latest quarter, The investment management firm added 6,860 additional shares and now holds a total of 55,343 shares of GDL Fund which is valued at $550,109. GDL Fund makes up approx 0.09% of Wedbush Securities Inc’s portfolio.
The GDL Fund is a diversified closed-end management investment company. The Fund’s primary investment objective is to achieve absolute returns in various market conditions without excessive risk of capital. The Company invests in Health Care Energy and Utilities Retail Financial Services Automotive: Parts and Accessories Food and Beverage Telecommunications United States Government Obligations Computer Software and Services among others. Gabelli Funds LLC is the adviser to the Fund. The Fund will invest at least 80% of its assets under normal market conditions in securities or hedging arrangements relating to companies involved in corporate transactions or reorganizations giving rise to the possibility of realizing gains upon or within relatively short periods of time after the completion of such transactions or reorganizations. The Fund may invest a high percentage of its assets in specific sectors of the market to achieve a potentially greater investment return.