GDL FundGDL
13F holders, Q4 2025 (December 31)32holders +4
5new positions
5sold out
1famous investor
$8.47avg. 13F price*
At the end of Q4 2025, 32 institutions reported holding GDL Fund (GDL) in their 13F filings, up 4 from Q3 2025. 5 opened new positions and 5 sold out. The largest holders were GABELLI & Co INVESTMENT ADVISERS, INC. ($15.6M), Focus Partners Wealth ($5.0M) and Morgan Stanley ($4.0M). One famous investor held it Mario Gabelli (0.0% of GAMCO Investors's portfolio).
- Company
- GDL Fund
- Filed as
- GDL FD (Q4 2025)
- CUSIP
- 361570104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 5 | $5.3M |
| Exits | 5 | $6.3M |
All 13F filers, Q3 2025 → Q4 2025: 896,266 shares bought and 786,552 shares sold, net +109,714 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 32 holders
| GABELLI & Co INVESTMENT ADVISERS, INC. | 2.36% | No change | 1,846,636 | $15.6M |
| Focus Partners Wealth | 0.01% | New | 591,856 | $5.0M |
| Morgan Stanley | 0.00% | Add +17.5% | 472,773 | $4.0M |
| GAMCO Investors | 0.04% | Add +73.0% | 441,040 | $3.7M |
| Bulldog Investors, LLP | 0.78% | No change | 409,922 | $3.5M |
| Ancora Advisors LLC | 0.03% | No change | 174,626 | $1.5M |
| Bank of America Corp. | 0.00% | Reduce -0.9% | 168,937 | $1.4M |
| Cornerstone Advisors, LLC | 0.04% | Reduce -11.9% | 130,325 | $1.1M |
| NewEdge Advisors, LLC | 0.00% | Add +2.0% | 127,532 | $1.1M |
| Zazove Associates LLC | 1.84% | No change | 120,522 | $1.0M |
| CSS LLC | 0.17% | No change | 116,663 | $988K |
| Envestnet Asset Management Inc. | 0.00% | Add +0.3% | 92,902 | $787K |
| Blue Bell Private Wealth Management, LLC | 0.06% | Add +28.5% | 46,876 | $397K |
| Seven Mile Advisory | 0.06% | Add +1.1% | 39,954 | $338K |
| GatePass Capital, LLC | 0.13% | New | 28,400 | $241K |
| Stifel Financial Corp. | 0.00% | Reduce -15.2% | 21,391 | $181K |
| Evolve Private Wealth, LLC | 0.01% | — | 19,383 | $164K |
| Matisse Capital | 0.06% | No change | 16,947 | $144K |
| Integrated Capital Management, Inc. | 0.09% | Reduce -2.2% | 15,447 | $131K |
| Decision Investments, Inc. | 0.14% | — | 15,100 | $128K |
| Wells Fargo & Company | 0.00% | Add +0.0% | 14,632 | $124K |
| Private Advisor Group, LLC | 0.00% | No change | 11,970 | $101K |
| Closed-End Fund Advisors, Inc. | 0.06% | — | 11,244 | $95K |
| MRP Capital Investments, LLC | 0.04% | New | 5,500 | $47K |
| UBS Group AG | 0.00% | Reduce -5.3% | 3,117 | $26K |
| Osaic Holdings, Inc. | 0.00% | Reduce -91.8% | 2,780 | $24K |
| Mark Sheptoff Financial Planning, LLC | 0.01% | No change | 2,000 | $17K |
| Creative Financial Designs Inc. | 0.00% | No change | 1,717 | $15K |
| Kilter Group LLC | 0.01% | Add +1.4% | 1,520 | $13K |
| McMillan Office, Inc. | 0.00% | — | 1,000 | $8K |
| Highline Wealth Partners LLC | 0.00% | New | 325 | $3K |
| Barrett & Company, Inc. | 0.00% | New | 200 | $2K |
"% of holder's portfolio" is GDL's weight in each manager's 13F, not the share of GDL Fund the manager owns.