Gabelli Healthcare & Wellness Trust
GRX
40 hedge funds and large institutions have $28.2M invested in Gabelli Healthcare & Wellness Trust in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
18% more funds holding
Funds holding: 34 → 40 (+6)
2% less capital invested
Capital invested by funds: $28.9M → $28.2M (-$704K)
1.05% less ownership
Funds ownership: 26.09% → 25.04% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$630K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$443K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$120K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$45.7K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$30K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.56M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$657K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$372K |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$205K |
| 5 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
-$81K |
GRX Hedge Fund Activity: Q4 2013 in Review
40 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q4 2013, worth a combined $28.2M — down 2.4% from $28.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GRX positions and 6 closed out — a net gain of 6 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $630K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.56M sold.
- 40 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $28.2M of Gabelli Healthcare & Wellness Trust stock for Q4 2013, down 2.4% quarter-over-quarter.
- 12 funds opened new Gabelli Healthcare & Wellness Trust positions in Q4 2013 and 6 closed out, a net change of +6 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q4 2013 was Morgan Stanley, an estimated $630K added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q4 2013 was Karpus Investment Management, an estimated $1.56M sold.
Based on aggregated 13F filings for Q4 2013.