Gabelli Healthcare & Wellness Trust
GRX
34 hedge funds and large institutions have $28.9M invested in Gabelli Healthcare & Wellness Trust in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 4 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
55% more capital invested
Capital invested by funds: $18.7M → $28.9M (+$10.2M)
8.65% more ownership
Funds ownership: 17.44% → 26.09% (+8.7%)
0% more funds holding
Funds holding: 34 → 34 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.03M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.67M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.54M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.46M |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$662K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$664K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$357K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$279K |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$262K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $8K | -$1.23K | -126 | -13% |
|
|
WF
27
WealthTrust Fairport
Cleveland,
Ohio
| $4K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $3K | +$623 | +64 | +33% |
|
29
Ameriprise
Minneapolis,
Minnesota
| $2K | -$7.96K | -818 | -82% |
|
|
U
30
UBS
Zurich,
Switzerland
| $2K | -$68 | -7 | -4% |
|
|
AIG
31
American International Group
New York
| $1.17K | -$12.1K | -1,242 | -91% |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
TC
33
TFS Capital
West Chester,
Pennsylvania
| – | -$664K | -70,075 | Closed |
|
|
SIA
34
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$357K | -37,674 | Closed |
|
|
COLIM
35
City of London Investment Management
London,
United Kingdom
| – | -$262K | -27,443 | Closed |
|
36
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$3K | -331 | Closed |
|
|
TCM
37
TD Capital Management
Memphis,
Tennessee
| – | +$10 | +1 | +4% |
|
38
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$233 | +24 | New |
|
GRX Hedge Fund Activity: Q3 2013 in Review
34 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q3 2013, worth a combined $28.9M — up 55% from $18.7M a quarter earlier.
Fund positioning in GRX was balanced in Q3 2013: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.03M. The largest seller was TFS Capital, exiting entirely with an estimated $664K sold.
- 34 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $28.9M of Gabelli Healthcare & Wellness Trust stock for Q3 2013, up 55% quarter-over-quarter.
- 4 funds opened new Gabelli Healthcare & Wellness Trust positions in Q3 2013 and 4 closed out, a net change of 0 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q3 2013 was Morgan Stanley, an estimated $3.03M added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q3 2013 was TFS Capital, an estimated $664K sold.
Based on aggregated 13F filings for Q3 2013.