GABELLI MARIO J purchased 235.0% of their position (11.75K shares) of GABELLI EQUITY TRUST INC on the open market
Open‑market purchase worth $1.18M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 6/28/2024ACC: 0001271163-24-000033
DirectorOther
Since Jul 2021
+11.75K
Net shares
Net buyer
$1.18M
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
11.75K acquired
Non-Derivative Transactions1
Series N Cumulative Preferred Shares
Direct
Shares
+11.75K
Price / share
$100.00
Trade value
$1.18M
% of position
235.0%
6/26/2024
5K→16.75K
Total
Net shares
+11.75K
Net value
$1.18M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Series N Cumulative Preferred Shares Direct | 6/26/2024 | P · Purchase | +11.75K | $100.00 | $1.18M | 235.0% | 5K | 16.75K |
| Total | +11.75K | $1.18M | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)2
Series N Cumulative Preferred Shares
IndirectShares owned50K
Series N Cumulative Preferred Shares
IndirectShares owned5K
Total
55K indirect55K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Series N Cumulative Preferred Shares | 50K | Indirect |
| Series N Cumulative Preferred Shares | 5K | Indirect |
| Total | 55K | 55K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported