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 |
|---|---|---|---|---|---|
| Creative Financial Designs Inc | 1,717 | $14.1K | 0.00% | 00.0% | Unchanged |
| Mark Sheptoff Financial Planning, LLC | 2,000 | $16.5K | 0.01% | 00.0% | Unchanged |
| UBS Group AG | 3,319 | $27.3K | 0.00% | −1,689−33.7% | Reduced |
| Advisor Group Holdings, Inc. | 4,194 | $34.6K | 0.00% | −7,180−63.1% | Reduced |
| Virtu Financial LLC | 10,927 | $90.0K | 0.00% | +10,927 | New |
| Private Advisor Group, LLC | 11,970 | $98.6K | 0.00% | 00.0% | Unchanged |
| Blue Bell Private Wealth Management, LLC | 13,720 | $113.0K | 0.02% | +1,000+7.9% | Added |
| Integrated Capital Management, Inc. | 16,005 | $131.8K | 0.10% | −1,336−7.7% | Reduced |
| Susquehanna International Group, LLP | 20,727 | $170.7K | 0.00% | +1,874+9.9% | Added |
| Wells Fargo & Company | 25,461 | $209.7K | 0.00% | −33,705−57.0% | Reduced |
| National Asset Management, Inc. | 62,743 | $516.7K | 0.02% | +13,138+26.5% | Added |
| Envestnet Asset Management Inc | 96,602 | $795.5K | 0.00% | −725−0.7% | Reduced |
| CSS LLC | 116,648 | $960.6K | 0.07% | 00.0% | Unchanged |
| Zazove Associates LLC | 120,522 | $992.5K | 0.09% | −80,000−39.9% | Reduced |
| GWM Advisors LLC | 126,162 | $1.04M | 0.01% | +1,840+1.5% | Added |
| Cornerstone Advisors, LLC | 159,423 | $1.31M | 0.06% | −30,385−16.0% | Reduced |
| Ancora Advisors, LLC | 174,626 | $1.44M | 0.03% | 00.0% | Unchanged |
| Bank of America Corp | 179,709 | $1.48M | 0.00% | −1,999−1.1% | Reduced |
| Morgan Stanley | 280,436 | $2.31M | 0.00% | +15,097+5.7% | Added |
| Bulldog Investors, LLP | 367,511 | $3.03M | 0.82% | +367,511 | New |
| Gamco Investors, Inc. Et Al | 441,040 | $3.63M | 0.04% | 00.0% | Unchanged |
| Kovitz Investment Group Partners, LLC | 741,325 | $6.10M | 0.03% | −22,315−2.9% | Reduced |
| Gabelli & Co Investment Advisers, Inc. | 1,846,636 | $15.2M | 2.30% | 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 |