Gabelli Healthcare & Wellness Trust
GRX
59 hedge funds and large institutions have $54.1M invested in Gabelli Healthcare & Wellness Trust in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 14 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
2.39% less ownership
Funds ownership: 31.9% → 29.51% (-2.4%)
9% less funds holding
Funds holding: 65 → 59 (-6)
22% less capital invested
Capital invested by funds: $69.5M → $54.1M (-$15.4M)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$1.34M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.07M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$401K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$324K |
| 5 |
Morgan Stanley
New York
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$1.98M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
-$1.57M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.01M |
| 4 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$801K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$758K |
GRX Hedge Fund Activity: Q4 2018 in Review
59 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Gabelli Healthcare & Wellness Trust (GRX) for Q4 2018, worth a combined $54.1M — down 22% from $69.5M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of GRX and 9 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 14 added.
The largest buyer was Lazard Asset Management, adding an estimated $1.34M. The largest seller was Citigroup, cutting an estimated $1.98M.
- 59 institutional investors held Gabelli Healthcare & Wellness Trust (GRX) as of Q4 2018, down from 65 in Q3 2018.
- Funds reported $54.1M of Gabelli Healthcare & Wellness Trust stock for Q4 2018, down 22% quarter-over-quarter.
- 9 funds opened new Gabelli Healthcare & Wellness Trust positions in Q4 2018 and 14 closed out, a net change of -5 holders.
- The largest Gabelli Healthcare & Wellness Trust buyer in Q4 2018 was Lazard Asset Management, an estimated $1.34M added.
- The largest Gabelli Healthcare & Wellness Trust seller in Q4 2018 was Citigroup, an estimated $1.98M sold.
Based on aggregated 13F filings for Q4 2018.