Gabelli Healthcare & Wellness Trust
GRX
38 hedge funds and large institutions have $30.8M invested in Gabelli Healthcare & Wellness Trust in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 6 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
9% more capital invested
Capital invested by funds: $28.2M → $30.8M (+$2.6M)
2.42% more ownership
Funds ownership: 25.04% → 27.45% (+2.4%)
5% less funds holding
Funds holding: 40 → 38 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.29M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$374K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$225K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$82.5K |
| 5 |
Morgan Stanley
New York
|
+$57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$239K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$155K |
| 3 |
SHA
Smith Hayes Advisers
Lincoln,
Nebraska
|
-$105K |
| 4 |
Lazard Asset Management
New York
|
-$93K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$65.8K |
GRX Hedge Fund Activity: Q1 2014 in Review
38 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q1 2014, worth a combined $30.8M — up 9.2% from $28.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GRX and 5 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 13 added.
The largest buyer was Raymond James & Associates, adding an estimated $3.29M. The largest seller was MSI Financial Services, cutting an estimated $239K.
- 38 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q1 2014, down from 40 in Q4 2013.
- Funds reported $30.8M of Gabelli Healthcare & Wellness Trust stock for Q1 2014, up 9.2% quarter-over-quarter.
- 5 funds opened new Gabelli Healthcare & Wellness Trust positions in Q1 2014 and 6 closed out, a net change of -1 holder.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q1 2014 was Raymond James & Associates, an estimated $3.29M added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q1 2014 was MSI Financial Services, an estimated $239K sold.
Based on aggregated 13F filings for Q1 2014.