We are live on ! Find out more
GRX

Gabelli Healthcare & Wellness Trust
GRX

61 hedge funds and large institutions have $60.1M invested in Gabelli Healthcare & Wellness Trust in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

11% more capital invested

Capital invested by funds: $54.1M → $60.1M (+$6.02M)

3% more funds holding

Funds holding: 59 → 61 (+2)

0.64% less ownership

Funds ownership: 29.51% → 28.87% (-0.64%)

39% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 18

Holders
61
Holders Change
+2
Holders Change %
+3.39%
% of All Funds
1.32%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
11
Reduced
18
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CA
Cornerstone Advisors
North Carolina
+$966K
2
MML Investors Services
MML Investors Services
Massachusetts
+$271K
3
Bank of America
Bank of America
North Carolina
+$140K
4
DA
Doliver Advisors
Texas
+$110K
5
Wells Fargo
Wells Fargo
California
+$64K

Top Sellers

Rank Fund Capital Flow
1
UR
USCA RIA
Texas
-$440K
2
CRC
Curi RMB Capital
Illinois
-$365K
3
FAAS
First Allied Advisory Services
California
-$240K
4
AA
Ancora Advisors
Ohio
-$233K
5
KIM
Karpus Investment Management
New York
-$155K
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$165K – – –
FFG
27
Ford Financial Group
California
$139K +$20.5K +2,025 +18%
RJFSA
28
Raymond James Financial Services Advisors
Florida
$132K -$27.5K -2,717 -18%
BRWA
29
B. Riley Wealth Advisors
Florida
$116K -$8.92K -882 -7%
DA
30
Doliver Advisors
Texas
$115K +$110K +10,900 New
AG
31
Advisor Group
Arizona
$67K -$40.6K -4,018 -38%
UBS Group
32
UBS Group
Switzerland
$61K +$30 +3 +0.1%
LTFS
33
Ladenburg Thalmann Financial Services
Florida
$58K -$4.55K -450 -8%
RCAG
34
Rehmann Capital Advisory Group
Michigan
$42.9K – – –
BAM
35
Bruderman Asset Management
New York
$32K – – –
RFM
36
Royal Fund Management
Florida
$27K +$9.84K +973 +59%
PA
37
Parallel Advisors
California
$21K -$19.8K -1,955 -50%
GWM
38
Geneos Wealth Management
Colorado
$20K – – –
GSWM
39
Golden State Wealth Management
California
$19K +$18.3K +1,811 New
ASN
40
Advisory Services Network
Georgia
$14K – – –
Citigroup
41
Citigroup
New York
$12K -$11.3K -1,113 -50%
Carson Wealth (CWM LLC)
42
Carson Wealth (CWM LLC)
Nebraska
$11K +$8.59K +850 New
JWM
43
Janiczek Wealth Management
Colorado
$6K +$6.11K +604 New
FHA
44
Flagship Harbor Advisors
Massachusetts
$5K +$71 +7 +1%
KPW
45
Kore Private Wealth
New York
$4K – – –
TFS
46
TrustCore Financial Services
Tennessee
$4K – – –
WF
47
WealthTrust Fairport
Ohio
$4K – – –
CHC
48
City Holding Co
West Virginia
$2K – – –
JP Morgan Chase
49
JP Morgan Chase
New York
$2K – – –
CA
50
Centerpoint Advisors
Massachusetts
$1K – – –
1
2
3

GRX Hedge Fund Activity: Q1 2019 in Review

61 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q1 2019, worth a combined $60.1M — up 11% from $54.1M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new GRX positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 18 trimmed.

The largest buyer was Cornerstone Advisors, adding an estimated $966K. The largest seller was USCA RIA, cutting an estimated $440K.

  • 61 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q1 2019, up from 59 in Q4 2018.
  • Funds reported $60.1M of Gabelli Healthcare & Wellness Trust stock for Q1 2019, up 11% quarter-over-quarter.
  • 6 funds opened new Gabelli Healthcare & Wellness Trust positions in Q1 2019 and 3 closed out, a net change of +3 holders.
  • The largest Gabelli Healthcare & Wellness Trust buyer in Q1 2019 was Cornerstone Advisors, an estimated $966K added.
  • The largest Gabelli Healthcare & Wellness Trust seller in Q1 2019 was USCA RIA, an estimated $440K sold.

Based on aggregated 13F filings for Q1 2019.