Gabelli Healthcare & Wellness Trust
GRX
38 hedge funds and large institutions have $50.8M invested in Gabelli Healthcare & Wellness Trust in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 5 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
4% less capital invested
Capital invested by funds: $52.9M → $50.8M (-$2.19M)
8.82% less ownership
Funds ownership: 31.44% → 22.62% (-8.8%)
10% less funds holding
Funds holding: 42 → 38 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$752K |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$196K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$163K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$95.2K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
+$43.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$990K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$902K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$568K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$209K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$159K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $43K | +$43.5K | +3,862 | +35,109% |
|
|
LWCFA
27
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $34K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $30K | +$14.2K | +1,260 | +88% |
|
29
UBS Group
Zurich,
Switzerland
| $29K | +$28K | +2,484 | +2,036% |
|
30
Citigroup
New York
| $17K | -$24K | -2,126 | -58% |
|
|
ASN
31
Advisory Services Network
Atlanta,
Georgia
| $14K | – | – | – |
|
|
BAM
32
Bruderman Asset Management
Locust Valley,
New York
| $11K | – | – | – |
|
|
AIG
33
American International Group
New York
| $1.28K | – | – | – |
|
34
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
BIM
35
BlackRock Investment Management
Wilmington,
Delaware
| $1K | +$823 | +73 | New |
|
|
CA
36
Cornerstone Advisors
Asheville,
North Carolina
| – | -$990K | -87,880 | Closed |
|
|
DA
37
Doliver Advisors
Houston,
Texas
| – | -$902K | -80,146 | Closed |
|
|
GFM
38
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$132K | -11,741 | Closed |
|
39
Creative Planning
Overland Park,
Kansas
| – | -$6K | -539 | Closed |
|
GRX Hedge Fund Activity: Q2 2015 in Review
38 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q2 2015, worth a combined $50.8M — down 4.1% from $52.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of GRX and 1 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Thomas J. Herzfeld Advisors, adding an estimated $752K. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $990K sold.
- 38 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q2 2015, down from 42 in Q1 2015.
- Funds reported $50.8M of Gabelli Healthcare & Wellness Trust stock for Q2 2015, down 4.1% quarter-over-quarter.
- 1 fund opened new Gabelli Healthcare & Wellness Trust positions in Q2 2015 and 5 closed out, a net change of -4 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q2 2015 was Thomas J. Herzfeld Advisors, an estimated $752K added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q2 2015 was Cornerstone Advisors, an estimated $990K sold.
Based on aggregated 13F filings for Q2 2015.