Gabelli Healthcare & Wellness Trust
GRX
70 hedge funds and large institutions have $47.2M invested in Gabelli Healthcare & Wellness Trust in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
9% more funds holding
Funds holding: 64 → 70 (+6)
0.96% more ownership
Funds ownership: 29% → 29.96% (+0.96%)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
24% less capital invested
Capital invested by funds: $62.1M → $47.2M (-$14.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$738K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$614K |
| 3 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$610K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$533K |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.65M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$397K |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
-$189K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$174K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$167K |
GRX Hedge Fund Activity: Q1 2020 in Review
70 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q1 2020, worth a combined $47.2M — down 24% from $62.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GRX positions and 5 closed out — a net gain of 8 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $738K. The largest seller was Cornerstone Advisors, cutting an estimated $1.65M.
- 70 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q1 2020, up from 64 in Q4 2019.
- Funds reported $47.2M of Gabelli Healthcare & Wellness Trust stock for Q1 2020, down 24% quarter-over-quarter.
- 13 funds opened new Gabelli Healthcare & Wellness Trust positions in Q1 2020 and 5 closed out, a net change of +8 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q1 2020 was Raymond James & Associates, an estimated $738K added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q1 2020 was Cornerstone Advisors, an estimated $1.65M sold.
Based on aggregated 13F filings for Q1 2020.