Gabelli Healthcare & Wellness Trust
GRX
48 hedge funds and large institutions have $42.8M invested in Gabelli Healthcare & Wellness Trust in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
4% more funds holding
Funds holding: 46 → 48 (+2)
0.99% less ownership
Funds ownership: 22.76% → 21.77% (-0.99%)
8% less capital invested
Capital invested by funds: $46.5M → $42.8M (-$3.67M)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$978K |
| 2 |
Citigroup
New York
|
+$931K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$206K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$180K |
| 5 |
AFWA
Ancora Family Wealth Advisors
Cleveland,
Ohio
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.03M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$463K |
| 3 |
Morgan Stanley
New York
|
-$414K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$149K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$143K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -201 | Closed |
|
|
AIG
52
American International Group
New York
| – | -$296 | -31 | -27% |
|
53
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$48 | +5 | New |
|
GRX Hedge Fund Activity: Q1 2016 in Review
48 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q1 2016, worth a combined $42.8M — down 7.9% from $46.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GRX positions and 6 closed out — a net gain of 2 holders — while 12 added to existing stakes and 16 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $978K. The largest seller was Credit Suisse, exiting entirely with an estimated $3.03M sold.
- 48 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q1 2016, up from 46 in Q4 2015.
- Funds reported $42.8M of Gabelli Healthcare & Wellness Trust stock for Q1 2016, down 7.9% quarter-over-quarter.
- 8 funds opened new Gabelli Healthcare & Wellness Trust positions in Q1 2016 and 6 closed out, a net change of +2 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q1 2016 was Karpus Investment Management, an estimated $978K added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q1 2016 was Credit Suisse, an estimated $3.03M sold.
Based on aggregated 13F filings for Q1 2016.