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, Q2 2025
Institutional positions in GDL Fund as of Jun 30, 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
- 27
- +4 vs. Q1 2025
- Shares held
- 4.92M
- +100.6K (+2.1%) vs. Q1 2025
- Total value
- $41.1M
- +$1.36M (+3.4%) vs. Q1 2025
- New holders
- 5
- 10 more added
- Sold out
- 1
- 5 more reduced
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding GDL Fund; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Ameritas Advisory Services, LLC | 1,130 | $9.43K | 0.00% | +1,130 | New |
| Creative Financial Designs Inc | 1,717 | $14.3K | 0.00% | 00.0% | Unchanged |
| Mark Sheptoff Financial Planning, LLC | 2,000 | $16.7K | 0.01% | 00.0% | Unchanged |
| Raymond James Financial Inc | 3,488 | $29.1K | 0.00% | +3,488 | New |
| UBS Group AG | 4,451 | $37.1K | 0.00% | +1,132+34.1% | Added |
| Private Advisor Group, LLC | 11,970 | $99.9K | 0.00% | 00.0% | Unchanged |
| Virtu Financial LLC | 14,981 | $125.0K | 0.01% | +4,054+37.1% | Added |
| Integrated Capital Management, Inc. | 15,594 | $130.1K | 0.10% | −411−2.6% | Reduced |
| Wells Fargo & Company | 15,631 | $130.4K | 0.00% | −9,830−38.6% | Reduced |
| Matisse Capital | 16,947 | $141.4K | 0.07% | +16,947 | New |
| Blue Bell Private Wealth Management, LLC | 23,343 | $194.8K | 0.03% | +9,623+70.1% | Added |
| Stifel Financial Corp | 28,370 | $236.7K | 0.00% | +28,370 | New |
| Susquehanna International Group, LLP | 35,517 | $296.3K | 0.00% | +14,790+71.4% | Added |
| Advisor Group Holdings, Inc. | 39,445 | $328.8K | 0.00% | +35,251+840.5% | Added |
| Park Avenue Securities LLC | 85,652 | $715.0K | 0.01% | +85,652 | New |
| Envestnet Asset Management Inc | 93,898 | $783.4K | 0.00% | −2,704−2.8% | Reduced |
| CSS LLC | 116,663 | $973.4K | 0.06% | +150.0% | Added |
| Zazove Associates LLC | 120,522 | $1.01M | 0.08% | 00.0% | Unchanged |
| GWM Advisors LLC | 127,074 | $1.06M | 0.01% | +912+0.7% | Added |
| Cornerstone Advisors, LLC | 160,103 | $1.34M | 0.05% | +680+0.4% | Added |
| Bank of America Corp | 171,794 | $1.43M | 0.00% | −7,915−4.4% | Reduced |
| Ancora Advisors, LLC | 174,626 | $1.46M | 0.03% | 00.0% | Unchanged |
| Morgan Stanley | 284,826 | $2.38M | 0.00% | +4,390+1.6% | Added |
| Bulldog Investors, LLP | 411,344 | $3.43M | 0.87% | +43,833+11.9% | Added |
| Gamco Investors, Inc. Et Al | 441,040 | $3.68M | 0.04% | 00.0% | Unchanged |
| Kovitz Investment Group Partners, LLC | 675,249 | $5.63M | 0.02% | −66,076−8.9% | Reduced |
| Gabelli & Co Investment Advisers, Inc. | 1,846,636 | $15.4M | 2.37% | 00.0% | Unchanged |
| National Asset Management, Inc. | 0 | $0 | 0.00% | −62,743−100.0% | Sold out |