GAB Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own GAB shares is 201, representing 7.86% of the company's common stock.

WOLVERINE ASSET MANAGEMENT LLC, in the last quarter, reduced its stake in GAB by -63.62% restricting it's holding to 75.21 thousand shares of worth nearly $415.16K. SILVER OAK SECURITIES, INCORPORATED also lessened -42.69% of the GAB shares from its portfolio, reducing its holding to 45.12 thousand shares of worth $249.08K. BANK OF AMERICA CORP /DE/ also shunned GAB shares holding by -35.67% last quarter which brought its holding to 783.53 thousand shares worth $4.33M.

As per its latest 13F filing, LPL FINANCIAL LLC increased its stake in GAB by 2.94% in the last quarter. The institutional holder raised its holding to 2.26 million shares having worth more than $12.45M. COHEN & STEERS, INC. also added 26.56% more shares of GAB to its portfolio, raising its holding to 1.14 million shares of worth $6.31M. ROYAL BANK OF CANADA also increased its GAB shares holding by 0.68% which brought its holding to 519.23 thousand shares worth $2.87M.

The insider with the most stakes in GAB is GABELLI MARIO J , Control Person of Adviser at the company. Additionally, GAB stock is highly held by director HEITMANN WILLIAM F and director BRATTER THOMAS E among others.

Company executives, directors, and other insiders own 0.57% percent of The Gabelli Equity Trust Inc.'s stock. Within the last six months, there have been 1 transaction(s) in which GAB insiders have sold stock, totaling 5K shares. Insiders that have sold shares include GABELLI MARIO J, ALPERT BRUCE N, and CONN JAMES P.

There have been 0 transaction(s) during the past 6-months in which The Gabelli Equity Trust Inc. insiders have bought stock, totalling 0 shares

Around 841.68K The Gabelli Equity Trust Inc. shares are held by insiders, which represents about 0.57% of GAB stock.

GAB Control Person of Adviser, GABELLI MARIO J holds the largest portfolio of the company's shares. GAB shares owned by GABELLI total nearly 841.68 thousand.

WOLVERINE ASSET MANAGEMENT LLC is the largest institutional owner in GAB which holds 75.21 thousand shares worth $415.16K or 0.02% of the total GAB shares outstanding followed by AVANTAX ADVISORY SERVICES, INC. with ownership of 46 thousand shares representing 0.02% of the GAB ownership. SILVER OAK SECURITIES, INCORPORATED is the third largest stakeholder with 45.12 thousand shares or 0.01% of the ownership worth more than $249.08K.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the GAB is concerned, it is a stock which is not optionable.

Number of GAB shares short is null. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, null shares of GAB are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, GAB has null shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for GAB is null.