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GDL Fund

GDL
Exchange
NYSE
SEC CIK
0001378701

No open-market purchases or sales by GDL Fund insiders were filed in the last 90 days; 31 institutions reported holding it in 13F filings for Q2 2026, worth $39.8M in total; no superinvestor holds it.

13F holders, Q1 2023

Institutional positions in GDL Fund as of Mar 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
31
+1 vs. Q4 2022
Shares held
3.56M
−521.6K (−12.8%) vs. Q4 2022
Total value
$28.0M
−$3.95M (−12.4%) vs. Q4 2022
New holders
4
9 more added
Sold out
3
14 more reduced

Compare with Q4 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GDL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2023: 31 institutions
Q1 2021: 32 institutionsQ2 2021: 31 institutionsQ3 2021: 30 institutionsQ4 2021: 29 institutionsQ1 2022: 26 institutionsQ2 2022: 29 institutionsQ3 2022: 28 institutionsQ4 2022: 30 institutionsQ1 2023: 31 institutionsQ2 2023: 32 institutionsQ3 2023: 33 institutionsQ4 2023: 27 institutionsQ1 2024: 27 institutionsQ2 2024: 29 institutionsQ3 2024: 25 institutionsQ4 2024: 27 institutionsQ1 2025: 23 institutionsQ2 2025: 27 institutionsQ3 2025: 28 institutionsQ4 2025: 32 institutionsQ1 2026: 31 institutionsQ2 2026: 31 institutions
Value heldQ1 2023: $28.0M
Q1 2021: $55.2MQ2 2021: $55.0MQ3 2021: $57.1MQ4 2021: $54.8MQ1 2022: $53.4MQ2 2022: $46.3MQ3 2022: $45.5MQ4 2022: $31.9MQ1 2023: $28.0MQ2 2023: $41.0MQ3 2023: $39.2MQ4 2023: $39.2MQ1 2024: $38.7MQ2 2024: $32.3MQ3 2024: $22.0MQ4 2024: $42.7MQ1 2025: $39.7MQ2 2025: $41.1MQ3 2025: $41.0MQ4 2025: $42.0MQ1 2026: $44.2MQ2 2026: $39.8M
Institutions holding GDL and their total value by quarter
QuarterHoldersValue
Q2 202631$39.8M
Q1 202631$44.2M
Q4 202532$42.0M
Q3 202528$41.0M
Q2 202527$41.1M
Q1 202523$39.7M
Q4 202427$42.7M
Q3 202425$22.0M
Q2 202429$32.3M
Q1 202427$38.7M
Q4 202327$39.2M
Q3 202333$39.2M
Q2 202332$41.0M
Q1 202331$28.0M
Q4 202230$31.9M
Q3 202228$45.5M
Q2 202229$46.3M
Q1 202226$53.4M
Q4 202129$54.8M
Q3 202130$57.1M
Q2 202131$55.0M
Q1 202132$55.2M

Institutions, Q1 2023

Shares, value and share of portfolio for each institution holding GDL Fund; share changes are against Q4 2022.

Institutions holding GDL in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Relative Value Partners Group, LLC961,424$7.54M0.51%−95,623−9.0%Reduced
Zazove Associates LLC355,151$2.79M0.25%+34,794+10.9%Added
Gamco Investors, Inc. Et Al312,667$2.45M0.03%+534+0.2%Added
Bank of America Corp300,320$2.36M0.00%−9,701−3.1%Reduced
Atlas Wealth LLC256,842$2.01M0.40%−433,492−62.8%Reduced
Morgan Stanley241,755$1.90M0.00%+982+0.4%Added
Cornerstone Advisors, LLC215,740$1.69M0.08%−8,929−4.0%Reduced
Ancora Advisors, LLC174,626$1.37M0.04%00.0%Unchanged
Eudaimonia Partners, LLC125,287$982.9K0.24%+1,640+1.3%Added
CSS LLC109,808$861.5K0.07%+1,654+1.5%Added
Envestnet Asset Management Inc104,429$819.3K0.00%−13,647−11.6%Reduced
Park Avenue Securities LLC99,703$782.0K0.01%−10,599−9.6%Reduced
National Asset Management, Inc.45,638$358.0K0.01%−13,441−22.8%Reduced
Susquehanna International Group, LLP37,580$294.8K0.00%+16,841+81.2%Added
Wells Fargo & Company34,291$269.0K0.00%−2,618−7.1%Reduced
CNH Partners LLC30,341$238.0K0.01%+11,620+62.1%Added
Raymond James & Associates27,035$212.1K0.00%−289−1.1%Reduced
Integrated Capital Management, Inc.12,342$194.8K0.20%−4,530−26.8%Reduced
Private Advisor Group, LLC20,737$162.7K0.00%00.0%Unchanged
UBS Group AG15,339$120.3K0.00%+3,009+24.4%Added
Integrated Wealth Concepts LLC14,024$110.0K0.00%−4,547−24.5%Reduced
StoneX Group Inc.13,982$109.7K0.01%+13,982New
9258 Wealth Management, LLC11,886$93.2K0.02%00.0%Unchanged
Advisor Group Holdings, Inc.10,377$81.4K0.00%−599−5.5%Reduced
Royal Bank of Canada7,737$61.0K0.00%−1,000−11.4%Reduced
MRP Capital Investments, LLC6,000$47.1K0.05%00.0%Unchanged
Thomas J. Herzfeld Advisors, Inc.5,291$41.5K0.02%+80+1.5%Added
Mark Sheptoff Financial Planning, LLC2,000$15.7K0.01%−1,000−33.3%Reduced
Creative Financial Designs Inc1,717$13.5K0.00%+1,717New
Ameritas Advisory Services, LLC1,130$8.87K0.00%+1,130New
Venturi Wealth Management, LLC474$3.72K0.00%+474New
Wolverine Asset Management LLC0$00.00%−4,711−100.0%Sold out
Freedom Wealth Alliance, LLC0$00.00%−3,289−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−2,030−100.0%Sold out