Gabelli Healthcare & Wellness Trust
GRX
69 hedge funds and large institutions have $46.9M invested in Gabelli Healthcare & Wellness Trust in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 11 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
12% more capital invested
Capital invested by funds: $41.8M → $46.9M (+$5.12M)
0.6% more ownership
Funds ownership: 26.11% → 26.71% (+0.6%)
3% less funds holding
Funds holding: 71 → 69 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.69M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$2.15M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$691K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$243K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$3.9M |
| 2 |
Morgan Stanley
New York
|
-$1.9M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$482K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$312K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$160K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
76
Advisory Services Network
Atlanta,
Georgia
| – | -$8.4K | -901 | Closed |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| – | -$5.32K | -570 | Closed |
|
|
MPWT
78
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$1.42K | -152 | Closed |
|
|
AWM
79
Able Wealth Management
Toms River,
New Jersey
| – | -$467 | -50 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | -$90 | -10 | Closed |
|
GRX Hedge Fund Activity: Q1 2024 in Review
69 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q1 2024, worth a combined $46.9M — up 12% from $41.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of GRX and 9 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 22 added.
The largest buyer was Saba Capital Management, adding an estimated $4.69M. The largest seller was Lazard Asset Management, exiting entirely with an estimated $3.9M sold.
- 69 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q1 2024, down from 71 in Q4 2023.
- Funds reported $46.9M of Gabelli Healthcare & Wellness Trust stock for Q1 2024, up 12% quarter-over-quarter.
- 9 funds opened new Gabelli Healthcare & Wellness Trust positions in Q1 2024 and 11 closed out, a net change of -2 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q1 2024 was Saba Capital Management, an estimated $4.69M added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q1 2024 was Lazard Asset Management, an estimated $3.9M sold.
Based on aggregated 13F filings for Q1 2024.