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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$966K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$271K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$140K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$110K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$64K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UR
USCA RIA
Houston,
Texas
|
-$440K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$365K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$240K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$233K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
CCM
52
Covington Capital Management
Los Angeles,
California
| $1K | +$10 | +1 | +2% |
|
|
BCI
53
Brinker Capital Investments
Berwyn,
Pennsylvania
| $1K | +$1.16K | +115 | New |
|
|
FDCDDQ
54
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $504 | – | – | – |
|
|
APA
55
American Portfolios Advisors
Holbrook,
New York
| $462 | – | – | – |
|
|
MC
56
Matisse Capital
Portland,
Oregon
| – | -$109K | -11,836 | Closed |
|
|
AA
57
AQR Arbitrage
Greenwich,
Connecticut
| – | -$102K | -11,066 | Closed |
|
|
AIC
58
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$11K | -1,150 | Closed |
|
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.