Gabelli Healthcare & Wellness Trust
GRX
70 hedge funds and large institutions have $35.1M invested in Gabelli Healthcare & Wellness Trust in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 7 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0.6% more ownership
Funds ownership: 23.25% → 23.85% (+0.6%)
0% more funds holding
Funds holding: 70 → 70 (0)
12% less capital invested
Capital invested by funds: $39.7M → $35.1M (-$4.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$1.53M |
| 2 |
RL
RPO LLC
Stamford,
Connecticut
|
+$665K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$590K |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$517K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$303K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.56M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$242K |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$181K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$150K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$115K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$4.36K | -438 | Closed |
|
|
WP
77
WealthPLAN Partners
Omaha,
Nebraska
| – | -$2.33K | -234 | Closed |
|
|
CWA
78
Clearview Wealth Advisors
Salem,
Oregon
| – | -$1.2K | -121 | Closed |
|
GRX Hedge Fund Activity: Q3 2023 in Review
70 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q3 2023, worth a combined $35.1M — down 12% from $39.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new GRX positions and 7 closed out — a net gain of 1 holder — while 23 added to existing stakes and 20 trimmed.
The largest buyer was Beacon Pointe Advisors, opening a new position worth an estimated $1.53M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $2.56M.
- 70 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $35.1M of Gabelli Healthcare & Wellness Trust stock for Q3 2023, down 12% quarter-over-quarter.
- 8 funds opened new Gabelli Healthcare & Wellness Trust positions in Q3 2023 and 7 closed out, a net change of +1 holder.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q3 2023 was Beacon Pointe Advisors, an estimated $1.53M added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q3 2023 was Thomas J. Herzfeld Advisors, an estimated $2.56M sold.
Based on aggregated 13F filings for Q3 2023.