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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, Q4 2024

Institutional positions in GDL Fund as of Dec 31, 2024. 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
27
+2 vs. Q3 2024
Shares held
5.32M
+2.61M (+96.3%) vs. Q3 2024
Total value
$42.7M
+$20.6M (+93.5%) vs. Q3 2024
New holders
3
11 more added
Sold out
1
6 more reduced

Compare with Q3 2024: 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 holdersQ4 2024: 27 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 heldQ4 2024: $42.7M
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, Q4 2024

Shares, value and share of portfolio for each institution holding GDL Fund; share changes are against Q3 2024.

Institutions holding GDL in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Gabelli & Co Investment Advisers, Inc.1,846,636$14.8M2.53%+1,846,636New
Kovitz Investment Group Partners, LLC763,640$6.12M0.03%−6,578−0.9%Reduced
Independent Advisor Alliance613,445$4.92M0.07%+613,445New
Gamco Investors, Inc. Et Al441,040$3.54M0.04%+126,300+40.1%Added
Morgan Stanley265,339$2.13M0.00%+16,493+6.6%Added
Zazove Associates LLC200,522$1.61M0.15%00.0%Unchanged
Cornerstone Advisors, LLC189,808$1.52M0.06%−11,179−5.6%Reduced
Bank of America Corp181,708$1.46M0.00%+197+0.1%Added
Ancora Advisors, LLC174,626$1.40M0.03%00.0%Unchanged
GWM Advisors LLC124,322$997.1K0.01%+1,012+0.8%Added
CSS LLC116,648$935.5K0.06%00.0%Unchanged
Envestnet Asset Management Inc97,327$780.6K0.00%+3,519+3.8%Added
Park Avenue Securities LLC90,208$723.0K0.01%+6,736+8.1%Added
Wells Fargo & Company59,166$474.5K0.00%+29,423+98.9%Added
National Asset Management, Inc.49,605$397.8K0.01%−4,456−8.2%Reduced
Sanctuary Advisors, LLC22,733$186.7K0.00%+412+1.8%Added
Susquehanna International Group, LLP18,853$151.2K0.00%−8,086−30.0%Reduced
Integrated Capital Management, Inc.17,341$139.1K0.11%+139+0.8%Added
Blue Bell Private Wealth Management, LLC12,720$102.0K0.02%00.0%Unchanged
Private Advisor Group, LLC11,970$96.0K0.00%−557−4.4%Reduced
Advisor Group Holdings, Inc.11,374$91.2K0.00%+9,307+450.3%Added
UBS Group AG5,008$40.2K0.00%+1,891+60.7%Added
Mark Sheptoff Financial Planning, LLC2,000$16.0K0.01%00.0%Unchanged
Creative Financial Designs Inc1,717$13.8K0.00%00.0%Unchanged
Wolverine Asset Management LLC754$6.05K0.00%−1,651−68.6%Reduced
Venturi Wealth Management, LLC474$3.80K0.00%00.0%Unchanged
Laurel Wealth Advisors LLC100$8020.00%+100New
Landscape Capital Management, L.L.C.0$00.00%−13,410−100.0%Sold out