InsidersTradesSigma
GDL FUND Stock: price and insider trades · United States · SEC (Form 4)
Track the GDL FUND share price and the full insider trade history of the company, a listed equity based in United States. Shares are quoted on US US, under the authority of SEC (Form 4). Operating in the Finance & Banking sector, GDL FUND has logged 26 public disclosures. Market capitalisation: €92.3m. The latest transaction was filed on 22 April 2025 (J). Among the most active insiders: GABELLI MARIO J. All data is accessible without an account.
26
Insider Decl.
0
Thresholds
€3m
11 ops.
Buy Volume
€2m
12 ops.
Sell Volume
39Σ signal
Informational score on this market. Our backtest validates the signal only on 8 EU venues; elsewhere (notably US markets) insider buys historically invert or do not hold. Not a recommendation.
Sigma AI Analysis
Fundamental view, insider signal, bull and bear case, synthesis.
AI-generated analysis. Opinion, not investment advice. Not backtested. Built from public filings and financials. No price target, no buy or sell recommendation.
Last declaration on 22 April 2025
Declarations26 total
3,038 shares@ US$50.00100.0% of flowSeries C Cumulative Puttable and Callable Preferred SharesSEC:0001271163-25-000014:0
2,500 shares@ US$8.040.2% of flowCommon Shares, Par Value $0.001SEC:0001271163-24-000071:0
307 shares@ US$8.090.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-24-000051:0
250,000 shares@ US$10.0023.9% of flowSeries E Cumulative Preferred SharesSEC:0001271163-24-000024:0
32 shares@ US$7.905100.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-24-000021:0
Ideal exit: 18 Nov 2024 (T+270)
2,000 shares@ US$8.010.2% of flowCommon Shares, Par Value $0.001SEC:0001271163-23-000036:0
120 shares@ US$7.930.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-23-000019:0
Ideal exit: 3 May 2024 (T+270)
500 shares@ US$7.9320.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-23-000018:0
Ideal exit: 26 Apr 2024 (T+270)
2,000 shares@ US$7.850.1% of flowCommon Shares, Par Value $0.001SEC:0001271163-23-000010:0
250,000 shares@ US$10.0024.0% of flowSeries E Cumulative Preferred SharesSEC:0001271163-23-000008:0
2,000 shares@ US$8.120.2% of flowCommon Shares, Par Value $0.001SEC:0001271163-23-000006:0
Ideal exit: 7 Nov 2023 (T+270)
221 shares@ US$7.990.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-22-000051:0
Ideal exit: 21 Jul 2023 (T+270)
200,000 shares@ US$10.0021.1% of flowSeries E Cumulative Preferred SharesSEC:0001271163-22-000047:0
1,200 shares@ US$7.890.1% of flowCommon Shares, Par Value $0.001SEC:0001271163-22-000045:0
Ideal exit: 4 Jul 2023 (T+270)
170 shares@ US$8.000.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-22-000044:0
Ideal exit: 30 Jun 2023 (T+270)
900 shares@ US$8.250.1% of flowCommon Shares, Par Value $0.001SEC:0001271163-22-000038:0
Ideal exit: 14 Apr 2023 (T+270)
300,000 shares@ US$10.002.96% mcap94.1% of flowSeries E Cumulative Preferred SharesSEC:0001271163-22-000020:0
Ideal exit: 23 Dec 2022 (T+270)
150 shares@ US$8.6690.0012% mcap50.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-22-000015:0
Ideal exit: 14 Nov 2022 (T+270)
150 shares@ US$8.669100.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-22-000015
Ideal exit: 14 Nov 2022 (T+270)
3,591 shares@ US$8.991232.6% of flowCommon Shares, Par Value $0.001SEC:0001271163-21-000085
3,591 shares@ US$8.99120.030% mcap1.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-21-000085:0
7,407 shares@ US$8.96960.062% mcap2.0% of flowCommon Shares, Par Value $0.001SEC:0001271163-21-000083:0
7,407 shares@ US$8.969667.4% of flowCommon Shares, Par Value $0.001SEC:0001271163-21-000083
480 sharesSeries B Cumulative Puttable and Callable Preferred SharesSEC:0001271163-16-000064:0
2,000 sharesCommon Shares, Par Value $0.001SEC:0001271163-16-000065:0
25 of 26 declarations
About GDL FUND
GDL Fund is a U.S.-listed closed-end fund focused on digital assets, trading on the NYSE in the United States under the ticker GDL. For francophone investors, it should be viewed as a listed financial vehicle designed to provide exposure to major cryptocurrencies through a regulated exchange-traded structure, rather than a direct operating company. The fund is organized as a Delaware statutory trust and is registered under the Investment Company Act of 1940, which places it squarely in the listed funds universe. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1378701/000199937124006216/gdl-n2_051024.htm?utm_source=openai)) The fund’s legal roots go back to 2006, while its digital-asset investment strategy developed later, with a private placement for accredited investors starting in 2018. In 2020, the public ticker was changed to GDL on the OTCQX market, and the fund has continued to maintain its market presence with NYSE listing and SEC reporting. It is associated with Grayscale’s broader digital-asset investment platform, which is a well-known sponsor in the U.S. crypto investment product landscape. ([nasdaq.com](https://www.nasdaq.com/press-release/grayscale-digital-large-cap-fund-announces-ticker-symbol-change-to-gdlc-2020-04-14?utm_source=openai)) From an investment perspective, GDL Fund is designed to offer simplified access to a basket of large-cap digital currencies. Its value proposition is straightforward: investors gain market access, exchange liquidity, and operational convenience without having to manage custody, storage, or direct token ownership. At the same time, the product carries the full volatility profile of crypto markets, plus the additional risks associated with closed-end fund discounts/premiums, regulatory change, and the evolving structure of U.S. digital-asset products. ([nasdaq.com](https://www.nasdaq.com/press-release/grayscale-digital-large-cap-fund-announces-ticker-symbol-change-to-gdlc-2020-04-14?utm_source=openai)) Competitive positioning is driven less by manufacturing or technology and more by sponsor reputation, index or portfolio methodology, liquidity, and reporting quality. The fund is domiciled in the United States, with administrative ties to Rye, New York, reinforcing its anchoring in the U.S. financial market infrastructure. As a NYSE-listed product, it competes within a growing field of listed crypto exposure vehicles aimed at both retail and institutional buyers. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1378701/000127116322000015/0001271163-22-000015-index.htm?utm_source=openai)) Recent SEC filings confirm the fund’s ongoing NYSE listing and continued compliance with disclosure requirements. For investors, GDL remains a specialized high-risk allocation tool rather than a traditional equity story: it is best understood as a portfolio access product for digital assets, suitable for those seeking thematic exposure within a U.S.-listed wrapper. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1378701/000199937124006216/gdl-n2_051024.htm?utm_source=openai))
