Gabelli Healthcare & Wellness Trust
GRX
63 hedge funds and large institutions have $66.6M invested in Gabelli Healthcare & Wellness Trust in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 9 reducing their positions, and 2 closing their positions.
750% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 2
156% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 9
31% more funds holding
Funds holding: 48 → 63 (+15)
24% more capital invested
Capital invested by funds: $53.8M → $66.6M (+$12.8M)
5.64% more ownership
Funds ownership: 26.84% → 32.47% (+5.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
+$2.92M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.99M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.32M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$915K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$873K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.02M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$510K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$498K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$192K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
-$80.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CHC
51
City Holding Co
Charleston,
West Virginia
| $2K | – | – | – |
|
52
JP Morgan Chase
New York
| $2K | – | – | – |
|
|
SIC
53
Salem Investment Counselors
Winston Salem,
North Carolina
| $2K | – | – | – |
|
54
US Bancorp
Minneapolis,
Minnesota
| $1K | -$249 | -25 | -22% |
|
|
CCM
55
Covington Capital Management
Los Angeles,
California
| $1K | +$10 | +1 | +2% |
|
|
CA
56
Centerpoint Advisors
Needham,
Massachusetts
| $1K | +$1.27K | +127 | New |
|
|
FDCDDQ
57
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $496 | – | – | – |
|
|
APA
58
American Portfolios Advisors
Holbrook,
New York
| $454 | +$439 | +44 | New |
|
|
59
Invesco
Atlanta,
Georgia
| – | -$510K | -50,418 | Closed |
|
|
GAM
60
Gemmer Asset Management
Walnut Creek,
California
| – | +$120 | +12 | New |
|
|
SWM
61
SeaCrest Wealth Management
Purchase,
New York
| – | +$369 | +37 | New |
|
|
RCC
62
Red Cedar Capital
Omaha,
Nebraska
| – | +$419 | +42 | New |
|
|
WCAMG
63
Woodard & Company Asset Management Group
Bermuda Run,
North Carolina
| – | +$1.24K | +124 | New |
|
GRX Hedge Fund Activity: Q4 2017 in Review
63 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q4 2017, worth a combined $66.6M — up 24% from $53.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GRX positions and 2 closed out — a net gain of 15 holders — while 23 added to existing stakes and 9 trimmed.
The largest buyer was Sterneck Capital Management, opening a new position worth an estimated $2.92M. The largest seller was Raymond James & Associates, cutting an estimated $1.02M.
- 63 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q4 2017, up from 48 in Q3 2017.
- Funds reported $66.6M of Gabelli Healthcare & Wellness Trust stock for Q4 2017, up 24% quarter-over-quarter.
- 17 funds opened new Gabelli Healthcare & Wellness Trust positions in Q4 2017 and 2 closed out, a net change of +15 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q4 2017 was Sterneck Capital Management, an estimated $2.92M added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q4 2017 was Raymond James & Associates, an estimated $1.02M sold.
Based on aggregated 13F filings for Q4 2017.