Gabelli Healthcare & Wellness Trust
GRX
61 hedge funds and large institutions have $51.8M invested in Gabelli Healthcare & Wellness Trust in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 7 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
0.09% less ownership
Funds ownership: 26.86% → 26.77% (-0.09%)
1% less capital invested
Capital invested by funds: $52.6M → $51.8M (-$776K)
3% less funds holding
Funds holding: 63 → 61 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$870K |
| 2 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$637K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$365K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$299K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.3M |
| 2 |
Morgan Stanley
New York
|
-$1.09M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$336K |
| 4 |
UR
USCA RIA
Houston,
Texas
|
-$116K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
JP Morgan Chase
New York
| $2K | – | – | – |
|
|
SIC
52
Salem Investment Counselors
Winston Salem,
North Carolina
| $2K | – | – | – |
|
|
CA
53
Centerpoint Advisors
Needham,
Massachusetts
| $1K | – | – | – |
|
54
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
CCM
55
Covington Capital Management
Los Angeles,
California
| $1K | +$11 | +1 | +2% |
|
|
FDCDDQ
56
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $500 | – | – | – |
|
|
APA
57
American Portfolios Advisors
Holbrook,
New York
| $458 | – | – | – |
|
|
UR
58
USCA RIA
Houston,
Texas
| – | -$116K | -11,053 | Closed |
|
|
KCPG
59
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$47K | -4,500 | Closed |
|
|
BC
60
Bartlett & Co
Cincinnati,
Ohio
| – | -$1K | -116 | Closed |
|
|
BCWM
61
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| – | -$1.22K | -116 | Closed |
|
|
EWM
62
Executive Wealth Management
Brighton,
Michigan
| – | -$1K | -101 | Closed |
|
GRX Hedge Fund Activity: Q3 2019 in Review
61 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q3 2019, worth a combined $51.8M — down 1.5% from $52.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GRX and 5 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 18 added.
The largest buyer was Wells Fargo, adding an estimated $870K. The largest seller was Cohen & Steers, cutting an estimated $1.3M.
- 61 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q3 2019, down from 63 in Q2 2019.
- Funds reported $51.8M of Gabelli Healthcare & Wellness Trust stock for Q3 2019, down 1.5% quarter-over-quarter.
- 5 funds opened new Gabelli Healthcare & Wellness Trust positions in Q3 2019 and 7 closed out, a net change of -2 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q3 2019 was Wells Fargo, an estimated $870K added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q3 2019 was Cohen & Steers, an estimated $1.3M sold.
Based on aggregated 13F filings for Q3 2019.