Info
Insider Trading
Holders

Insider Transactions Reported by 5 Insiders of GDL FUND

Symbol: GDL on NYSE
Location: Rye, NY

Quick Takeaways

GDL - GDL FUND has 5 insiders with reported activity on this page.
Net insider value flow over the last year: -$13,528.
Recent transaction rows are available for direct filing-level review.

What Changed

Buy value: ; sell value: $13,528.
Net share flow: -1,600.

Why This Matters

This page gives a plain-language issuer insider context before you inspect transaction-level evidence.
Use the filing links below to verify timestamps, codes, and ownership impacts directly from SEC forms.

Source Evidence

Filed on Form 4

Issuer insider activity is sourced from SEC Forms 3, 4, and 5.

See Original Filing

Insider trading overview

Last 12 months

Net insider flow leans to selling over the last 12 months. Net value: -$13,528.

Buys

Shares: 0

Insiders: 0

Sells

$13,528

Shares: 1,600

Insiders: 1

Net

-$13,528

Shares: -1,600

Insiders: -1

Window (months)	Sell shares	Buy $	Sell $	Net $
0-3	800	$0	$6,816	-$6,816
3-6	800	$0	$6,712	-$6,712
6-9	0	$0	$0	$0
9-12	0	$0	$0	$0

GDL FUND executives and other stock owners filed with the SEC include:

Name	Relationship	Holdings Value	Past Year Net Change	Change %	Valuation	Report Date
Mario J. Gabelli	Director, Control Person of Adviser, 10%+ Owner	$42,255,480	-$13,528	-0.03%	Mixed	23 Feb 2026
Agnes Mullady	Director	$1,202			Mixed	17 Feb 2022
John C. Ball	President & Treasurer	$253			Filing P/S	22 Feb 2024
Michael J. Melarkey	Director	$0			Mixed	26 Mar 2025
Colin J. Kilrain	Director				Mixed	13 Feb 2025

Top shareholders of GDL FUND (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Ownership % is shown only when it is directly reported or safely comparable across share classes.

Methodology: rows are grouped by holder and ranked by the holder's primary source value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

Holder	Source	Role / Reporting	Ownership %	Shares	Holdings Value	12M Net Δ	As of	Details
Mario J. Gabelli	3/4/5	Director, Control Person of Adviser, 10%+ Owner	45%	4,949,229	$42,255,480	-$13,528	23 Feb 2026	3/4/5
GAMCO INVESTORS, INC. ET AL	13D/G 13F	GABELLI MARIO J · Company	26%	2,795,978	$23,933,572	-$13,696	09 Mar 2026	13D/G 13F
GABELLI & Co INVESTMENT ADVISERS, INC.	13F	Company	17%	1,846,636	$15,641,007	—	31 Dec 2025	13F
Kovitz Investment Group Partners, LLC	13D/G	—	6.7%	770,218	$6,207,960	$0	30 Sep 2024	13D/G
Focus Partners Wealth	13F 13D/G	Company	5.4% from 13D/G	591,856	$5,013,025	—	31 Dec 2025	13F 13D/G
ZAZOVE ASSOCIATES LLC	13D/G 13F	Company	4.8%	566,124	$4,562,959	$0	31 Dec 2024	13D/G 13F
MORGAN STANLEY	13F	Company	4.3%	472,773	$4,004,389	—	31 Dec 2025	13F
Joshua Alan Massey	13D/G	—	10%	72,213	$3,633,036	$0	31 Dec 2024	13D/G
Bulldog Investors, LLP	13F	Company	3.7%	409,922	$3,472,039	—	31 Dec 2025	13F
Ancora Advisors LLC	13F	Company	1.6%	174,626	$1,479,082	—	31 Dec 2025	13F
BANK OF AMERICA CORP /DE/	13F	Company	1.5%	168,937	$1,430,896	—	31 Dec 2025	13F
Cornerstone Advisors, LLC	13F	Company	1.2%	130,325	$1,103,853	—	31 Dec 2025	13F
NewEdge Advisors, LLC	13F	Company	1.2%	127,532	$1,080,200	—	31 Dec 2025	13F
CSS LLC/IL	13F	Company	1.1%	116,663	$988,136	—	31 Dec 2025	13F
ENVESTNET ASSET MANAGEMENT INC	13F	Company	0.85%	92,902	$786,883	—	31 Dec 2025	13F
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC	13F	Company	0.43%	46,876	$397,040	—	31 Dec 2025	13F
SEVEN MILE ADVISORY	13F	Company	0.36%	39,954	$338,408	—	31 Dec 2025	13F
GatePass Capital, LLC	13F	Company	0.26%	28,400	$240,548	—	31 Dec 2025	13F
STIFEL FINANCIAL CORP	13F	Company	0.2%	21,391	$181,183	—	31 Dec 2025	13F
EVOLVE PRIVATE WEALTH, LLC	13F	Company	0.18%	19,383	$164,174	—	31 Dec 2025	13F
Matisse Capital	13F	Company	0.15%	16,947	$143,541	—	31 Dec 2025	13F
INTEGRATED CAPITAL MANAGEMENT, INC.	13F	Company	0.14%	15,447	$130,834	—	31 Dec 2025	13F
DECISION INVESTMENTS, INC	13F	Company	0.14%	15,100	$127,897	—	31 Dec 2025	13F
WELLS FARGO & COMPANY/MN	13F	Company	0.13%	14,632	$123,929	—	31 Dec 2025	13F
Private Advisor Group, LLC	13F	Company	0.11%	11,970	$101,386	—	31 Dec 2025	13F
Closed-End Fund Advisors, Inc.	13F	Company	0.1%	11,244	$95,237	—	31 Dec 2025	13F
MRP Capital Investments, LLC	13F	Company	0.05%	5,500	$46,585	—	31 Dec 2025	13F
UBS Group AG	13F	Company	0.03%	3,117	$26,401	—	31 Dec 2025	13F
OSAIC HOLDINGS, INC.	13F	Company	0.03%	2,780	$23,572	—	31 Dec 2025	13F
MARK SHEPTOFF FINANCIAL PLANNING, LLC	13F	Company	0.02%	2,000	$16,940	—	31 Dec 2025	13F
CREATIVE FINANCIAL DESIGNS INC /ADV	13F	Company	0.02%	1,717	$14,543	—	31 Dec 2025	13F
Kilter Group LLC	13F	Company	0.01%	1,520	$12,874	—	31 Dec 2025	13F
McMillan Office, Inc.	13F	Company	0.01%	1,000	$8,470	—	31 Dec 2025	13F
HIGHLINE WEALTH PARTNERS LLC	13F	Company	0%	325	$2,753	—	31 Dec 2025	13F
BARRETT & COMPANY, INC.	13F	Company	0%	200	$1,694	—	31 Dec 2025	13F
Agnes Mullady	3/4/5	Director	— class O/S missing	150	$1,202	—	17 Feb 2022	3/4/5
John C. Ball	3/4/5	President & Treasurer	— class O/S missing	32	$253	—	22 Feb 2024	3/4/5

Recent Insider Transactions by Companies or Individuals for GDL FUND

Showing up to 300 most recent insider transactions from the last 12 months.

Insider	Symbol	Class	Transaction	%	Value $	* Price $	Shares	Shares Owned	Date	Ownership
Mario J. Gabelli	GDL	Common Shares, Par Value $0.001	Sale	-0.03%	$6,816	$8.52	-800	2,747,977	23 Feb 2026	Direct
Mario J. Gabelli	GDL	Common Shares, Par Value $0.001	Sale	-0.03%	$6,712	$8.39	-800	2,748,777	09 Jan 2026	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.