Gabelli Healthcare & Wellness Trust
GRX
40 hedge funds and large institutions have $48.5M invested in Gabelli Healthcare & Wellness Trust in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
14% more funds holding
Funds holding: 35 → 40 (+5)
3% less capital invested
Capital invested by funds: $49.8M → $48.5M (-$1.27M)
2.44% less ownership
Funds ownership: 33.58% → 31.15% (-2.4%)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$653K |
| 2 |
UR
USCA RIA
Houston,
Texas
|
+$519K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$443K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$266K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.09M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$1.29M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$344K |
| 4 |
Lazard Asset Management
New York
|
-$200K |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RTS
26
Round Table Services
Westfield,
New Jersey
| $123K | – | – | – |
|
|
GFM
27
Gramercy Funds Management
Greenwich,
Connecticut
| $122K | -$1.29M | -126,408 | -92% |
|
|
S
28
SignatureFD
Atlanta,
Georgia
| $55K | – | – | – |
|
29
UBS Group
Zurich,
Switzerland
| $29K | +$28.3K | +2,779 | New |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| $13K | +$12.2K | +1,200 | New |
|
|
GGPS
31
Gary Goldberg Planning Services
Suffern,
New York
| $10K | – | – | – |
|
32
Citigroup
New York
| $8K | -$163 | -16 | -2% |
|
33
Creative Planning
Overland Park,
Kansas
| $6K | – | – | – |
|
|
LTFS
34
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | +$81 | +8 | +2% |
|
|
WF
35
WealthTrust Fairport
Cleveland,
Ohio
| $4K | – | – | – |
|
|
AIG
36
American International Group
New York
| $1.19K | – | – | – |
|
37
US Bancorp
Minneapolis,
Minnesota
| $1K | -$2.19K | -215 | -71% |
|
|
NFG
38
Next Financial Group
Houston,
Texas
| – | -$581 | -57 | -84% |
|
|
TCM
39
TD Capital Management
Memphis,
Tennessee
| – | +$10 | +1 | +4% |
|
|
BRWA
40
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | +$285 | +28 | New |
|
GRX Hedge Fund Activity: Q4 2014 in Review
40 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q4 2014, worth a combined $48.5M — down 2.6% from $49.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GRX positions and 1 closed out — a net gain of 6 holders — while 11 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $653K. The largest seller was Credit Suisse, cutting an estimated $4.09M.
- 40 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q4 2014, up from 35 in Q3 2014.
- Funds reported $48.5M of Gabelli Healthcare & Wellness Trust stock for Q4 2014, down 2.6% quarter-over-quarter.
- 7 funds opened new Gabelli Healthcare & Wellness Trust positions in Q4 2014 and 1 closed out, a net change of +6 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q4 2014 was Morgan Stanley, an estimated $653K added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q4 2014 was Credit Suisse, an estimated $4.09M sold.
Based on aggregated 13F filings for Q4 2014.