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 2025
Institutional positions in GDL Fund as of Mar 31, 2025. 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
- 23
- −4 vs. Q4 2024
- Shares held
- 4.82M
- −495.7K (−9.3%) vs. Q4 2024
- Total value
- $39.7M
- −$2.94M (−6.9%) vs. Q4 2024
- New holders
- 2
- 5 more added
- Sold out
- 6
- 9 more reduced
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 31 | $39.8M |
| Q1 2026 | 31 | $44.2M |
| Q4 2025 | 32 | $42.0M |
| Q3 2025 | 28 | $41.0M |
| Q2 2025 | 27 | $41.1M |
| Q1 2025 | 23 | $39.7M |
| Q4 2024 | 27 | $42.7M |
| Q3 2024 | 25 | $22.0M |
| Q2 2024 | 29 | $32.3M |
| Q1 2024 | 27 | $38.7M |
| Q4 2023 | 27 | $39.2M |
| Q3 2023 | 33 | $39.2M |
| Q2 2023 | 32 | $41.0M |
| Q1 2023 | 31 | $28.0M |
| Q4 2022 | 30 | $31.9M |
| Q3 2022 | 28 | $45.5M |
| Q2 2022 | 29 | $46.3M |
| Q1 2022 | 26 | $53.4M |
| Q4 2021 | 29 | $54.8M |
| Q3 2021 | 30 | $57.1M |
| Q2 2021 | 31 | $55.0M |
| Q1 2021 | 32 | $55.2M |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding GDL Fund; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Gabelli & Co Investment Advisers, Inc. | 1,846,636 | $15.2M | 2.30% | 00.0% | Unchanged |
| Kovitz Investment Group Partners, LLC | 741,325 | $6.10M | 0.03% | −22,315−2.9% | Reduced |
| Gamco Investors, Inc. Et Al | 441,040 | $3.63M | 0.04% | 00.0% | Unchanged |
| Bulldog Investors, LLP | 367,511 | $3.03M | 0.82% | +367,511 | New |
| Morgan Stanley | 280,436 | $2.31M | 0.00% | +15,097+5.7% | Added |
| Bank of America Corp | 179,709 | $1.48M | 0.00% | −1,999−1.1% | Reduced |
| Ancora Advisors, LLC | 174,626 | $1.44M | 0.03% | 00.0% | Unchanged |
| Cornerstone Advisors, LLC | 159,423 | $1.31M | 0.06% | −30,385−16.0% | Reduced |
| GWM Advisors LLC | 126,162 | $1.04M | 0.01% | +1,840+1.5% | Added |
| Zazove Associates LLC | 120,522 | $992.5K | 0.09% | −80,000−39.9% | Reduced |
| CSS LLC | 116,648 | $960.6K | 0.07% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 96,602 | $795.5K | 0.00% | −725−0.7% | Reduced |
| National Asset Management, Inc. | 62,743 | $516.7K | 0.02% | +13,138+26.5% | Added |
| Wells Fargo & Company | 25,461 | $209.7K | 0.00% | −33,705−57.0% | Reduced |
| Susquehanna International Group, LLP | 20,727 | $170.7K | 0.00% | +1,874+9.9% | Added |
| Integrated Capital Management, Inc. | 16,005 | $131.8K | 0.10% | −1,336−7.7% | Reduced |
| Blue Bell Private Wealth Management, LLC | 13,720 | $113.0K | 0.02% | +1,000+7.9% | Added |
| Private Advisor Group, LLC | 11,970 | $98.6K | 0.00% | 00.0% | Unchanged |
| Virtu Financial LLC | 10,927 | $90.0K | 0.00% | +10,927 | New |
| Advisor Group Holdings, Inc. | 4,194 | $34.6K | 0.00% | −7,180−63.1% | Reduced |
| UBS Group AG | 3,319 | $27.3K | 0.00% | −1,689−33.7% | Reduced |
| Mark Sheptoff Financial Planning, LLC | 2,000 | $16.5K | 0.01% | 00.0% | Unchanged |
| Creative Financial Designs Inc | 1,717 | $14.1K | 0.00% | 00.0% | Unchanged |
| Independent Advisor Alliance | 0 | $0 | 0.00% | −613,445−100.0% | Sold out |
| Park Avenue Securities LLC | 0 | $0 | 0.00% | −90,208−100.0% | Sold out |
| Sanctuary Advisors, LLC | 0 | $0 | 0.00% | −22,733−100.0% | Sold out |
| Wolverine Asset Management LLC | 0 | $0 | 0.00% | −754−100.0% | Sold out |
| Venturi Wealth Management, LLC | 0 | $0 | 0.00% | −474−100.0% | Sold out |
| Laurel Wealth Advisors LLC | 0 | $0 | 0.00% | −100−100.0% | Sold out |